My sister persuaded her then-boyfriend to buy the house two doors down from my parents at auction while back, which he did without a proper viewing because he'd seen it loads of times, and without paying attention to the contract because he'd 'bought loads of houses'.
When he bought it, he found that:
-The tenant had a lifetime tenancy
-The cash-strapped former public corporation it had belonged to had written into the contract that the buyer would have sole responsibility for the septic tank servicing the row of houses - which had recently overflowed
He thought he was just a canny buyer who'd got a right bargain.
His or her job, but probably only after having been instructed after dick man had bought the place at the auction. It's amazing how many people buy a property at an auction without even looking at the title documents in the sales pack. Or even looking at the sales pack.
My sister persuaded her then-boyfriend to buy the house two doors down from my parents at auction while back, which he did without a proper viewing because he'd seen it loads of times, and without paying attention to the contract because he'd 'bought loads of houses'.
When he bought it, he found that:
-The tenant had a lifetime tenancy
-The cash-strapped former public corporation it had belonged to had written into the contract that the buyer would have sole responsibility for the septic tank servicing the row of houses - which had recently overflowed
He thought he was just a canny buyer who'd got a right bargain.