auction risks-structural and termite problems, page-2

  1. 17,050 Posts.
    lightbulb Created with Sketch. 24
    You can always ask the vendor to do a pest inspection{ I have been to several auctions and the pest report was available}. When I have bought at auction no one at the auction ever knew I was interested until I bid as I use my soiliitor to access all papers etc etc and he could do a pest inspection if I wanted one.
    That way the agents at the auction wont be standing next to you to let the auctioneer klnow you are hot for the property.

    On the termite issue I have heard of a couple who paid $2.2 mill for a sydney property at auction only to find out it was riddled with termites.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.