Good people,
I was speaking to an agent yesterday about a house thats going to auction. She said that in order to bid i must get the bank to come out value the property prior to auction.
Is this the case? Is there no way around this?
Cheers
Cabo Wabo
cw, sounds a bit overzealous – since when do we listen to what real estate agents say????
i think the important thing is to make sure your finance is in order, and do your pest and building inspections before you bid.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanecw, sounds a bit overzealous – since when do we listen to what real estate agents say????
i think the important thing is to make sure your finance is in order, and do your pest and building inspections before you bid.
btw, was the agent you spoke to the agent who is selling the auction property?
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker BrisbaneNo she wasn’t, but she is a relatively new RE and is still learning. She was told so by the agent selling the property. She then told me.
I’m pleased you don’t think it necessary. It would be a real pain in the butt if it was.
Thanks,
Cabo Wabo
Cabo Wabo
If you need finance and have approval then you are ready to go.
You do not need a valuation.
Regards
‘ You will never go broke taking a profit ‘
You must be logged in to reply to this topic. If you don't have an account, you can register here.
