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Buying before auction - a sound strategy or gamble?
Manage episode 359858776 series 2921058
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We’re now starting to see the Melbourne market stabilise after the volatility caused by the sharp and ongoing interest rate rises over the last year.
Given there is solid competition for good quality properties, but also reduced competition for compromised properties, many vendors and agents are considering selling a property before auction.
Jarrod looks at the positives and negatives of purchasing a property before auction, as well as the key considerations before choosing to go down this route.
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