Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago on . Most recent reply

User Stats

33
Posts
17
Votes
John Friendas
17
Votes |
33
Posts

Curbside Auction House Not Like Listing

John Friendas
Posted

Hey,

I'm looking at an auction, with curbside buying only where you can't disturb the tenants. They claim it is a triplex (two regular units and an "efficiency unit". They also claim it has 6 beds and 5 baths. I only see 5 beds and 4 baths in the listing and do not see that third efficiency unit in the listing pictures. 

Considering it's from a reputable auction site, do I have decent legal standing if they misrepresent it? They say they are not liable for inaccuracies but the number of bedrooms, bathrooms, and unit amount seems incredibly major. Once you win the auction you have to put down a 15k deposit so I don't want to not have a chance of getting it back. The offer seems great numbers wise, possibly even without the 3rd unit.

Most Popular Reply

User Stats

19,706
Posts
17,320
Votes
Chris Seveney
  • Investor
  • Virginia
17,320
Votes |
19,706
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

When buying at auction you will have zero ability to sue (and win) an auction site if information is not correct. 

  • Chris Seveney
business profile image
7e investments
5.0 stars
2 Reviews

Loading replies...