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From Offer to Acceptance: Understanding Live Deals in Home Buying

Navigating the property market as a first-time buyer can feel like learning a new language. One term you'll need to master quickly? "Live deals."

Most major banks have implemented strict rules refusing pre-approval applications for buyers with less than 20% deposit, creating a challenging situation for many aspiring homeowners. The solution? Understanding how to create and leverage a live deal to get your mortgage application prioritised.

We break down exactly what constitutes a live deal: a Sales and Purchase Agreement that's been signed by both you and the property vendor. This seemingly…

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