If you’re successful at auction then the agent will expect a small transfer made on the day (either $1,000 or whatever is possible given your daily transfer limits). Then the balance can be paid by bank cheque or telegraphic transfer the following Monday. In short, so long as you have sufficient deposit funds in your […]
Quick guide for your upcoming auction
Subject to finance
Look out for these three most common conditions in your real estate contract: “Subject to finance” “Subject to pest inspection” “Subject to building inspection” The spotlight now is on the first of these conditions, the finance clause, since obtaining finance is becoming more difficult in the current market (Sept 2015 — learn more here). What […]