A property sales process tends to move quickly particularly when you are buying from an experienced real estate sales agent. It can also happen if you have all your finances and property checks in order and are able to move quickly yourself to secure a property.
The key consideration at this stage is that you find the best property that suits your needs and budget and that matches your criteria set in your goals!
Continue reading “Property Evaluation fine tunes the property buying funnel”
Many people think that finding the right property at the right price is the most difficult part of the process to property ownership. In fact, it’s securing the finance you need to buy the right property at the right price!
Previously, I wrote about a first home buyer on a single income, who changed mortgage brokers to get a better deal on her home loan [Single Income Family In Need of a First Home Loan?]. In that scenario, the applicant’s lender didn’t change — the broker did.
Continue reading “Home Loan Finance for a Construction Loan is Complex”
More Risk to Banks More Cost to You
Lender’s Mortgage Insurance (LMI) is an insurance policy that protects the lender from financial loss if the borrower can’t afford to make their home loan repayments.
Continue reading “What is Lender’s Mortgage Insurance and Why is it Easy to Swallor?”