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pre-auction bid

Last post 06-17-2008, 2:51 PM by househunter. 0 replies.
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  •  06-17-2008, 2:51 PM 3696

    pre-auction bid

    We have made a pre-auction bid on a house in Victoria two weeks before the auction "subject to a satisfactory contract review".  Well, its now 5 days before the auction and the agent says the contract is still not ready due to a "complication between the vendor and their solicitor".  What are your thoughts on this?  Does this raise a red flag, even if the contract somehow gets drafted before then?
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