Once you’ve talked with a mortgage broker and been approved for a home loan, you’re officially able to snap up a property. You’ll do so in one of two ways: Bidding for it at an auction or buying it through private treaty. There’s a good chance you’re already familiar with the basics of an auction…. [Read More]
Archives for October 2015
Get a fix on fixed price contracts
There are more types of home loans than there are studio albums by Beyonce. One of the products that you might source is a construction loan in order to build a brand new home from scratch. If so, you’re almost guaranteed to sign a fixed price contract for the construction of the house. A fixed price contract?… [Read More]
3 reasons your home loan should be pre-approved
Imagine a world where you can find the right loan before you even start looking for a house. Envision a reality where you know what the size of your mortgage will be before you even set foot inside an open inspection. This isn’t some Minority Report-like future of flying cars where we can see events before they’ve… [Read More]
Everything equity for property amateurs
If you’ve spoken with a mortgage lender or any self-professed property expert will tell you the equity in your home is the key to your future plans. But wait – what is equity? While it might sound like another case of impenetrable real estate jargon, equity is actually a fairly simple concept. Allow us to… [Read More]