BlakeyNoFlakey
Brownlow Medallist
- Thread starter
- #51
A lot has been written about this post that season, and I don't think you have all the facts. All bidders have to prove that they have at least enough to cover the deposit by submitting bank statements when registering to become a bidder and proof of loan approval (if the home is being purchased via a mortgage) and there's usually a 30-60-90 day payment period in real estate sales set in the contract, so the eventual buyer has to pay a 10% deposit after the auction to show their intention to buy and take the property off the market.Id say the biggest scandal was the producers letting someone lodge a "fake" bid for Jimmy and Tam's house, and the said "buyer" couldn't stump up the cash. But seeing this was a stuff up by the show itself it was a little hush hush.
The woman who made the phony bids had done everything right up to that point, and the "producers" had no reason to suspect she was a sham bidder, just seeking attention. It was not the fault of the "producers," and they haven't tried to cover anything up. It turned out the woman who made those fake bids had some huge mental health issues, and that contributed to what she did. They actually began to realize things weren't right when the woman had not paid the deposit well after it was due. And that led them to discover that she was a sham bidder the whole time.
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