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All Categories > General Questions
 
A prperty we were interested in was in the auction.com auction this weekend and we want to know if it has sold? How?
Tina Schmidt
Home Owner
St. Cloud, MN

Replies  2 responses  |  Replies Flag Question  |  Posted: Sep 21, 2009 at 2:39 PM  |  Login To Subscribe
 
Answer

Answers ( 2 )
 
Jim Walker
Real Estate Agent
Roseville, CA
Were you really THAT interested? If you were bidding or just watching, you would have noticed "reserve not met" or "reserve met" in the corner of the auction page.

If it said reserve not met right before the close of the auction then it probably won't close. If it said reserve met, then the highest bidder is probably in escrow. but still might not close escrow.

whether the reserve is met or not, the seller has the choice to reject the offer and re-release to another auction or other selling attempts.

Oct 4, 2009 at 10:19 PM  |  Flag  Flag Answer As...
 
Mark Brian
Real Estate Agent
Anderson, SC
The change in ownership should be recorded after the transaction closes.

Sep 27, 2009 at 1:13 PM  |  Flag  Flag Answer As...
 


 
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