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  • Walk Away To Bid Another Day

    by Tim O'Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au Walk away to bid another day - but not before the auction is over. Picture yourself as a duly registered, cashed-up bidder at the auction of a seaside mansion.  Bidding starts at $6.5 million.  You join in as bidding progresses to $7.5 million. Then ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on February 19, 2008
  • Contracts - Find The Devil In The Detail

    Purchasers should take care before signing a contract to purchase real estate, particularly at auctions. Special conditions can be used to pass a vendor's risk to an unsuspecting purchaser. We have shown that estate agents often insert nasty special conditions into contracts, but they're not the only ones. Lawyers and conveyancers do it too. A ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 30, 2007
  • Winning Auction Bidders Beware

    (NOT APPLICABLE IN VICTORIA OR A.C.T.) by Tim O'Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au   Peter Mericka was correct when he stated in Auctions Exposed As Non-Binding that, as every agent, auctioneer, solicitor and conveyancer knows, a contract for the sale of real estate must be in ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 28, 2007
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