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 Auction properties

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freedom84
post Oct 23 2018, 05:13 PM

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Joined: Apr 2009
Hi all dai gor, I have some queries about the auction.
If let say I register to join the auction, and on the auction day I also attend, but on that time the property was announce and I not bid, but the property only me register, will it be automatically consider sold under my name at reserved price?
freedom84
post Oct 25 2018, 04:25 PM

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Joined: Apr 2009
QUOTE(AskarPerang @ Oct 25 2018, 12:55 PM)
As mention previous, case by case basis. But are you willing to take such risk?
Here an example, still can pull out even after being declared as the only registered bidder:


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I am asking this is because there got 2 units will be have the auction at the same day and the price is really low. I plan to buy 2 bank draft to try for this 2 units, in case first unit have other bidders and I lose, I can go for second ones. If the first unit I am only single bidder and I win, then for second unit I don’t wan anymore, but second unit also only me is the person to register, I afraid I will force to buy it also. Btw, I am bid for own stay, so scary later have to sapu for 2 units together...

 

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