A trader who paid $368,000 for a junk-filled Christchurch home last year has taken a loss, selling the same property for $8000 less at auction. A fire derailed plans for the Estuary Rd, South New Brighton property, forcing a sale. Harcourts listing agent Harsh Singh told  OneRoof  the vendor had no insurance after buying the property “as is, where is”, and relisted it as developing the 759sq m site had not been part of his plans. At a Harcourts auction last Thursday, three buyers bid on the burnt-out shell, with offers rising quickly from $70,000 to $210,000 before the auction paused for negotiations. It returned at $360,000 and sold at that level, inclusive of GST. Singh said the vendor had taken a “little hit” but was pleased to move on. The buyer, a developer, plans to replace the house with two new dwellings.…