It pays to shop around...

With property market conditions fluctuating over the past 18 month, when it comes to settling on land bought at the peak of the market there have been some instances where valuations have come in under the contact price.

Villawood has been looking at ways we can support our customers if they find themselves in this situation, including providing information about the various finance options that are available.

The Herald Sun spoke with Villawood’s Executive Director Rory Costelloe about the market factors that led to this situation.

The paper also found that savvy purchasers across Victoria are side-stepping settlement stress by shopping around for a broker, given the variances in valuations.

Read the full article on realestate.com.au