What's happening in your market? for buyers
What you need to know before choosing your new house
In Auctions, you can determine the purchase price through competitive bidding. By doing this,
you know you are negotiating fairly and on the same terms as all other buyers while you all
openly compete with one another. However, there are a few important things to bear in mind
and steps to follow, to ensure you are 100% prepared for auction day as a buyer.
Here are a few guidelines to follow. Do your homework: start attending auctions as an observer - this will give you a better understanding of the auction process. Ask questions: if you're unsure of how the auction process works, ask your real estate agent for advice. Make sure all the t's are crossed: have your solicitor examine the Contract of Sale prior to the auction to ensure everything is in order. Also have any building and/or pest inspections carried out prior to auction day
featured offers the best houses
6 steps for buying a home
Read this before buying a home of your dream
As soon as you can, start reading Web sites, newspapers, and magazines that have real estate listings.
Real estate agents can provide you with helpful information on homes and neighborhoods that isn’t easily accessible.
Start touring homes in your price range. It might be helpful to take notes on all the homes you visit.
Typically, purchase offers are contingent on a home inspection of the property to check for signs of structural damage.
Your lender will arrange for a title company to handle all of the paperwork and make sure that the seller is the rightful owner.
At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents.