Auctions are highly emotive, pressure-cooker environments – and with good reason. The stakes are high with plenty of money on the line. Bidders may already have cash invested in the deal through pre-purchase inspections and legal fees; and there can be a real sense of completion between bidders, who all want to be ‘the winner’ of the auction contest.
Relocating to a new home is also a good chance to rethink your home loan options. But how good is your home loan knowledge?
It’s the classic conundrum facing home owners trading up to their next property - should you buy now or sell your current home first?
Get your ducks in a row with our 5-point check for refinancing your home loan.
If you plan to refinance your home loan, it pays to act sooner rather than later.