Mortgage Brokers Doonside | Home Loans Doonside
Purchasing property in Doonside
Doonside is the perfect place to raise a family. With plenty of schools in the area such as Crawford Public School, Doonside Public School, St John Vianney's Primary School, Doonside High School and Doonside Technology High School, you'll have plenty of options to choose from.
The predominant age group in Doonside is 20-29 years, with the majority of households being couples with children.
Doonside offers a range of family homes from units to houses so we are confident you'll find a place you love. The median property prices over the last year ranged from $802,000 for houses to $600,000 for units. . If you're searching for a property in Doonside, then make sure you get in contact with Arif Iqbal, your mortgage broker in Doonside to help you through the home loan process.
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Mortgage Brokers Doonside
As your Mortgage Choice broker in Doonside, Arif Iqbal is committed to ensuring you truly have the best interest rate available on the market! Using a mortgage broker can help you take the time and hassle out of shopping around for the right home loan. As your mortgage broker, Arif is able to help you in your home loan journey by guiding you through the entire process with expert advice.
If you would like to chat with a Doonside home loan expert, then get in touch with Arif Iqbal this week.
Buying at auction - what to know!
What do you need to put your best foot forward when buying at auction?
Well, bidding at an 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 that you understand a few key terms.
To put your best foot forward on auction day, make sure you get home loan pre-approval so that you can bid with confidence and you don’t bid more than you can afford! There are a few other terms you’ll need to know including:
- Reserve Price - This is the minimum price the seller sets with the auctioneer before the auction.
- Passed in - If bids don’t meet the seller’s reserve price, the property may be ‘passed in’. If you’re the highest bidder on the day, you get a right to negotiate with the seller.
- Fall of the hammer - Once there are no more bids, the auctioneer will count down the fall of the hammer and if you are the highest bidder, you are legally obliged to sign and exchange contracts with the seller.
If you have any questions about buying a property at auction, then don't hesitate to reach out to Arif Iqbal this week.
Want more information?
If you would like to do some of your own research first, make sure you check out our home loan resources below!
- Guide to upgrading your property
- Guide to refinancing
- Guide to buying your first home
- Guide to property investing
To arrange an appointment about purchasing a property, please call Arif Iqbal on 0400 954 020.
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