We are keen to purchase a property pre-auction date and the agent has stated that the owner is open to discussion.
At this stage, we're prepared to pay the deposit subject to due diligence reports (building & pest inspection and strata report) should the owner accept our offer and also requested for future open inspection to be cancelled.
I understand that purchasing property which are to be sold via auction, meaning there's no cooling off period hence either the outcomes will either be:
At this stage, we're prepared to pay the deposit subject to due diligence reports (building & pest inspection and strata report) should the owner accept our offer and also requested for future open inspection to be cancelled.
I understand that purchasing property which are to be sold via auction, meaning there's no cooling off period hence either the outcomes will either be:
- Putting non-refundable deposit and do due-diligence; if reports are bad, then we lose the deposit.
- Do due-diligence first and risking the property for another open inspection which will give agent the room to get another potential buyer (which we would prefer to avoid)