Land Purchasing Question

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Is it true that once a property gets demolished on an hour such as 1pm, & there's a hidden timer which is random that determines when the land is available to purchase?

Does the house actually get demolished on the hour? can i walk through a ward, see a plot of land that's free but the random timer hasn't popped yet? allowing me to wait at it's plaque til it's purchasable?

submitted by /u/NoTour7426
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