The Broker's Lounge
Welcome to The Broker’s Lounge with Eddie & Carlo - the podcast where we make the world of mortgages and finance feel a whole lot less intimidating.
If you’re here, chances are you’re thinking about buying a home, maybe your first, or maybe you’ve been down this road before. Either way, you’re in the right place.
So, who are we? We’re Eddie and Carlo, two senior mortgage brokers from Link Wealth Finance with over 30 years combined experience helping people just like you navigate the sometimes confusing, often overwhelming, but ultimately rewarding journey of buying a home.
We’ve seen it all - the highs, the lows, the "I didn’t know that" moments - and we’re here to share what we’ve learned.
So, whether you’re just starting out or looking to refine your financial game plan, The Broker’s Lounge is here to help you make informed decisions with confidence.
Tune in, get comfortable and let’s talk about how we can help you turn that dream home into a reality.
The Broker's Lounge
Buying at auction? What you MUST know before you bid
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Buying at auction can move fast, and if you are not prepared, it can get expensive very quickly. In this episode of The Brokers’ Lounge, Eddie and Carlo break down what buyers need to know before auction day, from getting the right type of finance approval in place to understanding deposits, building and pest inspections, solicitor reviews, and the risks that come with unconditional contracts. They also explain why preparation matters just as much as confidence, and why knowing your limit before the bidding starts can save you from making emotional decisions you regret.
They also walk through the practical side of auction strategy, including how to assess comparable sales, why you need to have your funds accessible, what to clarify with the agent before the day, and how to think about things like settlement terms, insurance, and borrowing buffers. Eddie and Carlo also discuss why buyers can get caught up in the heat of the moment, how to avoid overextending yourself, and what to do if you miss out on a property so you can reset and go again with a better plan.
If you are planning to buy at auction, or you are helping someone else through the process, this episode will help you understand the risks, get your finance sorted properly, and go in with a clearer plan and more confidence.
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Get in touch with Eddie: Eddie Malaeb - Senior Mortgage Broker
Get in touch with Carlo: https://calendly.com/carlo-o8zv/30min
More info: https://www.linkwealthfinance.com.au/
Our Financial Services + Credit Guide: https://www.linkwealthfinance.com.au/fscg
Disclaimer: The information contained within this podcast is general in nature
and does not take into account your personal circumstances. Please reach out if
you wish to discuss your personal situation