odecar Posted August 29, 2006 Report Share Posted August 29, 2006 Oportunity to bid for a property that is significantly undervalued due to fact that its being sold off by receivers with Tenants who are unknown and with unknown tenure. Worth a bid or just storing up lots of hassle with reposession etc. Link to comment Share on other sites More sharing options...
Trenners Posted September 1, 2006 Report Share Posted September 1, 2006 An old adage ...... "If it sounds too good to be true .... it probably is" If it was that easy to get the "unknown tenants" evicted - why haven't the received already done this (so that they maximize the return on the sale). I wouldn't touch this with a barge pole .......... Let us know what you decide to do ..... Mark Link to comment Share on other sites More sharing options...
F-Prop Posted September 3, 2006 Report Share Posted September 3, 2006 I'm with Trenners on this one! I'd be asking myself, why can't they determine the tenants and the type of contract? They probably can but they don't want to tell you! If you really want it, try going round there and sitting outside for a while and see who comes and goes. You may be able to determine a little about who is living there (squatters I suspect!) I have to say I do think you're in for a heap of trouble with this one! Trevor. Link to comment Share on other sites More sharing options...
odecar Posted October 9, 2006 Author Report Share Posted October 9, 2006 Did take the advice and too good to be true usually is and walked away. Link to comment Share on other sites More sharing options...
Melboy Posted October 11, 2006 Report Share Posted October 11, 2006 Did take the advice and too good to be true usually is and walked away. Yup! Normally is........you get owt for nowt! Link to comment Share on other sites More sharing options...
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