I am interested in purchasing a house in a remote part of rural Ireland. It needs some work but I am handy at DIY. I am very familiar with the location. For the last two years the house has been advertised for sale but has failed to sell. I consider the asking price unrealistic giving the condition and location of the house. The house was being sold by a bank. To my knowledge I am the only interested purchaser but I have never made any bid on the property. Recently it came up for sale online on Bidx1. The house is being advertised at a guide price €10,000 over the original asking price when it failed to sell. If I was to bid under the Guide price and the property failed to reach the reserve price on the day. What would happen when the sale closed? Would the property simply be withdrawn from sale or would there be any follow on contact from Bidx1? The sale is online.