QUOTE(lucerne @ Jan 12 2013, 10:26 AM)
This is the catch. The owner is living there. I have analyze the pro and cons
a) The pros is due to this fact, less bidders/ competitions, easier to get. Price 30% cheaper than current market price, very tempting. The place can easily rent out with positive cash flow.
b) The cons is the trouble to get the current owner out. Agent said issue legal notice once fully paid, then report to police, if still not working then cut the utility.
My question is if it is a guarded and gated higher end condo, will it be easier for us to chase out the owners, say bar the access cards? Get the security guard to disallow the cars to go in and etc?
I am still hesitating whether to bid even i have the bank draft ready with me.
Jan 12 2013, 11:03 AM

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