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Auction

Discussion in 'Real Estate' started by Jayc, 21st Jul, 2012.

  1. Jayc

    Jayc Member

    Joined:
    27th Feb, 2012
    Posts:
    10
    Location:
    Melbourne
    Hi,

    As a agent, what actions could i pursue if the agency markets, advertise and scheduled a date for the acuction?

    1) The bank approach a real estate agency and they advise that they will exercise a sale on a property and will be conducting a mortgagee sale on a property and want to do it by auction in 45 days time.

    2) 2 weeks prior to the auction, the bank advise the agency that they are not going ahead as the customer has brought payments up to date.

    what actions can i pursue????

    Thank you
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,619
    Location:
    Sydney, Australia
    Why do you need to pursue action? Have you incurred costs that you wish to try and recover?