THE process of gaining finance approvals when buying a rural property has come under fire from some rural sales specialists who claim documentation delays are costing those involved both time and money.
Some blame the banks, while others the unrealistic timeframe set by agents. One thing is for sure, those seeking to buy or sell need to be ‘presentation ready’.
Jez McNamara
When it comes to approving loans, property agent Jez McNamara from Ray White Rural believes the buyers need to talk to banks early.
“COVID-19 blew finance periods out, and now rising interest rates are slowing…
