Tools For Buyers & Sellers
Your complete property buying guide
Sorting out your finances
Mortgage calculator
Pre-approved finance
Mortgage advisers
Financing your home
Doing your research
Inspecting properties
The neightbours
The location
Making an offer
Common conditions of sale
Contracts & Settlement
Selecting a solicitor / conveyancer
Property insurance
Property purchase costs
Possible expenses you may incur
Completing the purchase
Making the move
Your complete guide to buying at auction
Buying a home is exciting and there are many advantages to purchasing at auction. One advantage to attending an auction is you can be confident that the true market price for the property will become clear. This is because the auction process is very transparent. The opening bid is usually decided by bidders, but if no bidder puts forth an opening bid, the auctioneer may open with what is called a vendor bid. Bidders then ultimately decide on exactly what they feel the property is worth.
Unlike other methods of sale, your competitions offers are clear, you know exactly where you stand and how much the sellers are prepared to sell for. It's a proven system of success and you can change your mind as many times as you like.
Preparing for an auction
Sorting out your finances
Mortgage calculator
Pre-approved finance
Mortgage advisers
Financing your home
Doing your research
Making a pre-auction offer
Common conditions of sale
Auction day formalities
Completing the purchase