To Tender means to bid. It is a formal proposal to buy at a specified price. The only thing is that the price is not revealed by the vendor and the buyer is blindly left to put in his/her highest bid in order to beat his/her competitors.
Fletchers Real Estate Balwyn North are selling Vera St, Bulleen. Price on this home is advertised as "Price on application" but when further price requests were made the agent revealed that the home was being sold by Tender. This chosen procedure automatically ruled out this property for me. As a buyer how would I know where to begin?
About Me
- ladybug
- Hello and welcome to my website www.investmentbug.com. My interest in finance came about while working for a financial institution. I am what you call “a bit of a bank nerd”. I like and have always had an interest in money matters. Even as a youngster, I remember looking at my bank statements to see how much interest I received for my savings. This site will provide you with information, tips, hints, examples, general thoughts and experiences. The information is very general and is more of a hobby site than anything else. People reading this site may not agree with everything I write about, but these are my personal opinions and experiences. The experiences are from being actively involved and exposed to people I have met or served over a period of time. The topics I talk about are a little dry at times but they are relevant. If you need financial advice, I suggest you talk to a professional. I hope you find this site useful. Lady Bug
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