can I pull out of an Auction?

Home Forums Buying at Auction can I pull out of an Auction?

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  • #512
    ben hendrix
    Participant

    I want to know that If I bid at auction on a house and the house does not pass building inspection can I pull out?Is there a fess for pulling out of an Auction?Kindly help me.

    #513
    Julie Zniewski
    Participant

    Hi,i think you are suppose to get the inspections done before the auction. but in any real estate contracts make sure you clearly state that any offer once accepted is subject to Building, Pest & Finance.
    Just gives you a bit of breathing room to pull out if you need to.

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