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Hey all, On saturday I went to an auction (still in the process of getting a pre app but should be done by the end of the week as I’ve submitted all the paperwork). This auction that I went to was listed between 550-600. Opening and only bid was 500. The vendor bid at 550 with no higher bids, and then came back out and bid even higher at 580. No further bids and was passed in.
I’ve requested an inspection and want to make an offer around 550-570, do we think that’s reasonable? I requested an inspection yesterday which they immediately called me and scheduled for Wednesday, and then today they increased the asking price between 580-620. Even though the highest bid they got was 500 on the weekend?
Am I crazy or does something seem strange af here?
Thanks guys
Offer 500k
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- 1 month ago
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