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    what happens when an absolute auction property does not change hands? Was there a plant?

    I suspect there is sometimes a plant (someone who the owner knows) who will bid-up an absolute property auction.  When the property does not close after 6 months or more, is there any resonable way to find out if the auction was ligit?

    0  Views: 627 Answers: 1 Posted: 11 years ago

    1 Answer

    It appears that an owner can bid on their own property however the bank or lending company will have set the bid at what is owed....see here for more >>> https://www.google.ca/search?q=what+happens+when+an+absolute+auction+property+does+not+change+hands%3F&rlz=1C1AFAB_enCA516CA517&aq=f&oq=what+happens+when+an+absolute+auction+property+does+not+change+hands%3F&aqs=chrome.0.57&sourceid=chrome&ie=UTF-8#hl=en&rlz=1C1AFAB_enCA516CA517&sclient=psy-ab&q=+absolute+auction+property+law&oq=+absolute+auction+property+law&gs_l=serp.3...5548.8593.0.9397.4.4.0.0.0.0.183.538.0j4.4.0.les%3B..0.0...1c.1.5.psy-ab.OpYRfmkRLZc&pbx=1&bav=on.2,or.r_cp.r_qf.&fp=644f5400406d2798&biw=1024&bih=653


     


     



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