I placed my ofter after the auction, I was at work and couldnt make it to the auction, but was interested in the property at the right price.
If it didn't sell at auction and you made an offer after the auction which wasaccepted by the Seller, then it was not an auction sale although the Seller maybe liable for some charge to the auctioneer.
I cannot see that you have any liability or that this should present anyproblem to you as far as the auction house is concerned
Can I help further?
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Thats the thing, the property was sold at the auction, but i am prepared to pay more for it and the vendor is happy to accept my offer, which concequently means that the he has to pull out of the sale and go ahead with me, but i dont want to be dragged through courts after
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The answer is above. here it is again.
I have read online that it is illegal to offer for a property that was just sold at the auction. I am going to speak to auctioner first, but meanwhile where can I find more information on this subject? is there a sourse of legal information in regards to auction dos and donts? simply because I am most positive that auctioner/estate agent will be threatening me with legal actions. If threatens are empty and just to scary me away, I dont care, but if there is a law somwhere that states I will be prosecuted and fined for my actions, then I will not be buying this property, so it is a very important and corrrect information i am after.
I assumed it was offered and went through the sale but not actually sold. In which case, if it was knocked down on fall of the hammer, the seller is bound to sell to the buyer. It has nothing to do with you but the seller can be sued by the buyer.