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Purchased property at auction - want to pull out

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Comments

  • G_M wrote: »
    Don't know why you bothered to come to the forum really.

    You didn't believe, or take any notice of, anything any of us wrote, so you might as well have waited till you spoke to your solicitor today. Still, I enjoyed he image of you gaily waving your catalogue at the auction without the first idea of what you were doing!

    I think the OP did get some reassurance from some of the replies possibly helping them relax a little over the weekend.
  • dobymicks wrote: »
    I think the OP did get some reassurance from some of the replies possibly helping them relax a little over the weekend.

    Indeed I did.

    I also found someone in a similar situation so well worth sharing concerns. Once again thank you for the feedback.
  • cloo
    cloo Posts: 1,291 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Glad it sounds sorted... my first thought was that the threatening person talking about the claim could just be totally b*ll!!!!!!!! and trying to make trouble, without a legal leg to stand on.


    When we sold some family land we had some chancer turning up saying they had a claim but it was total rubbish.
  • Jason74
    Jason74 Posts: 650 Forumite

    Just did not like the intimidation after the auction. Highly unexpected. And whatever they said has messed with my head.



    Has it ever occurred to you that that might have been their intention ?.
  • I paid £30,000 deposit.

    The cheque has not cashed yet. So if I cancel is the contract still valid?

    I thought it was clear funds with auctions.


    As a PP mentioned auctions are not for amateurs.


    How can you not understand the basics about how auction contracts work but yet enter into a legally binding contract??
  • I get where you are coming from. But I will happily reinstate the payment if everything is okay. I just need some time. I don't want the cheque to clear and then cannot get my money back because it goes into a lengthy dispute.


    You are liable for at least the value of that cheque either way so I don't understand how you think you are going to get your money back as such??
  • Arleen wrote: »
    You sure entered the contract the moment gavel fell, and you became a proud owner of a new house. It's all in auction house T&C.

    I seriously think you are not really worried about anything you were told but simply have buyers remorse and want a way to pull out. You can do that, it's quite easy, but will cost you the 30k deposit. No other way around it.


    People keep on saying the same things but I just don't think that the OP is getting it.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    People keep on saying the same things but I just don't think that the OP is getting it.
    I wouldn't worry yourself too much.

    He has enough to pay for this property outright, so he's doing better than many people on here!

    ....And you're the one quoting posts which have been superseded by others, giving fresh information. ;)
  • Davesnave wrote: »
    I wouldn't worry yourself too much.

    He has enough to pay for this property outright, so he's doing better than many people on here!

    ....And you're the one quoting posts which have been superseded by others, giving fresh information. ;)


    I'm not that worried especially because like others have already said I think that this thread might not be completely genuine.
  • anotheruser
    anotheruser Posts: 3,485 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    marksoton wrote: »
    What intimidation?
    Well un-mess your head.

    You've investigated, you've read the suggestions here that say you HAVE to buy it, so there is no other option.
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