Am I guaranteed to get the property once I have been selected as the successful bidder?

We reserve the right to withdraw the offer of sale of a property to a successful bidder if:-

  • the defaulting mortgagor makes acceptable arrangements to settle the outstanding payments on his/her account, before the successful bidder pays the required deposit;
  • the successful bidder fails to provide required documents within the established time-lines, or the information and contents provided in the documents presented do not meet established standards.
  • the successful bidder is unable to satisfy payment of all costs to complete the sale;

N.B. We will allow any bidder to re-bid on the same, as well as any other property, if the property is subsequently re-listed for sale by Private Treaty.