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 Auction vs Subsales, what is the cautions need to take!"?

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post May 14 2020, 03:33 PM, updated 6y ago

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Hi Guys,
Wish to get some opinions form the experts in this forum!
can anyone provide/suggest/opinions on the cautions need to take care of ofr
Auction market and Subsales market!?
thanks in advance and wish to humbly learn from you all!
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post May 17 2020, 11:03 AM

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QUOTE(LarryPizzaGuy @ May 14 2020, 03:56 PM)
If buy from Auction, you're buying the house As-Is.
You will own any problems, repair bills that belongs to the house.
Worst case when you open the doors and found out the house got body (crime scene) or got druggies/unwanted tenants. They will become your problem.
No one will know what's good/wrong with an Auction house; that's why its a gamble.
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thanks for your reply.
you cant walk in and check the unit for sure, but you still can look from the outside right?
If there is really a body inside, that can be smell far away!

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post May 17 2020, 11:04 AM

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QUOTE(heavensea @ May 14 2020, 04:06 PM)
Subsales unless auction is kangtao
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what kangtao are you refering?
very very cheap price?!
or got insider in bank?
or other thing?!
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post May 17 2020, 11:05 AM

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QUOTE(Nicklly @ May 14 2020, 05:59 PM)
Buy auction good, maybe inside got gold bar then it become yours 😃
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haha...
that's the best scenario, but afraid the gold bar is actually dog shit!
just kidding
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post May 18 2020, 07:33 AM

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QUOTE(icemanfx @ May 16 2020, 09:08 PM)
Real estate is illiquid and there are better investment opportunities elsewhere.

Buy when blood is knee deep on the floor.
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where is the blood currently!?
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post May 23 2020, 02:02 PM

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QUOTE(Salary @ May 19 2020, 12:49 AM)
Currently dripping out from the feet. Barely a puddle. Wait a couple of months after the moratorium ends and see if the blood goes up that high.
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Wow...looking forward for that!
thanks for your view!

 

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