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Blog posts tagged with 'loans'

Property Valuation
When you apply for a loan to purchase a property, the bank will conduct its valuation of the property and use its findings to decide whether to lend you the money you want. This valuation report is different from an appraisal. It gives the bank more than just an amount.
Buying at Auction
A home is probably the biggest purchase you will make, so beware of making snap decisions, especially when there’s skyrocketing prices and a shortage of listings. If this is your first home, then remember that it will involve some compromise with location and size, but do your research to avoid common mistakes.