5 fast tips for home buyers

By Cassandra Foreman

1. Home loan pre-approval: Before you start looking at properties, find out how much money you can borrow. Then you can focus your attention on finding a home well within your budget.

2. Mortgage options: Get advice from a mortgage broker and/or a variety of lenders to discuss your options and the different types of loans available.

3. Borrowing within your means: Be careful not to borrow over your limit otherwise you may not be able to enjoy life in your new home, or worse, have to sell your house before you have substantial equity in it.

4. Pre-purchase inspection reports: Building inspections may cost you a few hundred dollars but can potentially save you thousands to avoid uncovering any issues after you’ve moved in.

5. Additional costs: Make sure you budget for all the extra costs involved in buying a property including stamp duty, conveyancing fees, council rates and strata levies.

reposted from:

Up to Date

Latest News

  • Six styling tips to maximise your listing’s potential

    Being a top real estate agent doesn’t just mean securing the most sought-after listings, but having an ability to achieve the best possible results. In today’s competitive property market, it’s increasingly important for agents to have an understanding of the interior trends that help to attract buyers. “It is so … Read more

    Read Full Post

  • Huntingdale – Parker Precinct NOW AVAILABLE

    Ray White Berry are proud to offer Parker Precinct to the market. Situated within the township of Berry, the gem of the South Coast combining the best of coastal and country living within its prestige estate, Huntingdale Park Estate. Situated at the northern gateway to the Shoalhaven, its also accessible … Read more

    Read Full Post