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How these first-home buyers pulled off a purchase in a hot market – Domain News

For a novice, an auction can be a stomach-churning experience and if the tension and uncertainty don’t overwhelm, then rapidly rising prices will. But these buyers…

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For a first-home buyer, an auction can be a stomach-churning experience. And if the tension, the uncertainty and the fear dont get you, then doubtless the outcome in todays market of rapidly rising prices will.
We went to a couple of auctions, and they were terrifying, first-home buyer Nathan Mahar says. It was deflating just how many other people there were at the auctions, and then by how much higher the prices went than we were expecting.
Very soon, we realised wed have to compromise in order…

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