15/07/2025
Thinking of bidding at auction? 🏡 🔨
Being pre-approved gives you clarity around your budget 💰 and confidence to bid. Pre-approval isn’t just helpful, it’s essential. ✅ You can focus fully on the auction, knowing your finances are ready to go. Most importantly, it let you act quickly and decisively - helping you secure your new home with confidence. 🎯🏠
Key Steps for Buying at Auction in Queensland:
•Registration: Register before the auction with the selling agent.
•Finance: Ensure you have secured finance pre-approval, as there is no cooling-off period after the auction.
•Property Inspections: Conduct thorough building and pest inspections before the auction.
•Contract Review: Carefully review the contract of sale, ideally with legal advice, before the auction to understand the terms and conditions.
•Set a Budget: Determine your maximum bid and stick to it to avoid overspending.
•Attend the Auction: Arrive early to review the contract and ask any final questions.
•Bidding: When the bidding starts, use your bidder number to place bids.
•Successful Bid: If you are the highest bidder, you will be required to sign the contract and pay the deposit immediately.
If you’re planning to bid at auction, don’t leave your finance to chance. Reach out today to get pre-approved and step into auction day ready to win! 🏆 🙌🏼