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Buying Your House at Auction - Mortgage Choice
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The property market comes with its own language. When you’re new to it, terms like “Deadline Sale” or “Enquiries Over” can feel confusing. Here’s a quick glossary: 🏠Deadline Sale: Submit your best offer by a set deadline date and time. 🏠 For Sale: The property is generally listed with a set asking price - you can make an offer at or around that. 🏠 Enquiries Over: You make offers above a certain threshold. 🏠Auction: The property is sold to the highest bidder on the day, if the property reache
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Bidding at auction, especially in a hot market, can be stressful. That’s why it’s extremely important that you are prepared. Before you make your first bid, it’s important you understand these key terms. | Mortgage Choice
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How long does it take to get approval from the banks? Right now, pre-approval can take around 2 weeks. Live deals (conditional finance / auction) is often faster. Got a deadline? Chat to an adviser to get things moving #mortgagebroker #homeloan #bankapproval #firsthomebuyer #nexthomebuyer | Squirrel - Mortgages, Saving & Investing | Facebook
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