overview.
Jamie King runs auctions for a living. I pulled him aside to ask the questions every first home buyer wants to ask but doesn't: from arriving scared to raising your hand, what actually happens on auction day, with no mystery and no theatre.
Jamie King runs auctions for a living. He's the head of Belle Property in South Australia and the director of Auction Time. I pulled him aside to ask the questions every first home buyer wants to ask but doesn't.
"If you arrive at an auction without cash unconditional pre-approval, you are not really at the auction. You are in its waiting room."
Jamie King
what you'll learn.
- Why a cash unconditional pre-approval matters before auction day
- What a building inspection catches, and when to do it
- What bidding with intent actually means on the day
- What to do if the auctioneer pauses the auction mid-bid
Prefer to read? Grab the free first home buyer guides.
part of: the buying process guide.
What the Bank Won't Tell You About LMI
Lenders Mortgage Insurance — the fee you pay so the bank feels safe, not you. The 5% Deposit Scheme, who actually qualifies, and what nobody mentions about the trade-off.
chapters.
Tap a chapter to jump the video to that point.
links Nicola & Jamie mentioned.
more on The buying process.
Same topic, different angle.