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Hi
First post, Living in LA usa, coming to visit in Dec-Jan and thinking reaaallly seriously of moving to NZ next sept. My wife and I have been looking at the housing market and POA comes up when the house price isn't stated. These and a few other terms are mystifying. any resourse for NZ's real estate terms??
thanks
alan
Price on Application, its a bit of a ploy to get you interested before they hit you with the actual price!
Having worked in an Estate agents office, its generally a label for the more expensive end of the market...
Hi there, here is a link to the most commonly used abbreviations that the estate agents seem to use instead of an actual purchase price (or in some cases along with a price).
abbreviations
It also seems that they sometimes don't put a price but if you read through the blurb there is a sort of guide price range.
regards
Sian
POA = I cant afford it!
(Not always the case in NZ, so worth asking if you like the look)
I thought it meant Power of Attnory. Here in the US there are probate sales where you bid on the property, then the court holds 10% of your bid price for 3 months waiting for some else to overbid. then you get it. Nerve racking.
thanks again all
alan