3 Ways First Home Buyers Can Get into the Property Market Sooner Owning a home is a key goal for many first home buyers. To get there sooner, consider the Bank of Mum and Dad, State Government assistance, or co-buying with family or friends. Bank of Mum and Dad In the past 20 years,…
First Home Buyer FAQs: Your Guide to Understanding Deposits If you’re a first home buyer ready to embark on your journey to home ownership, one important consideration is the size of your deposit. Not only does your deposit determine how much you could borrow, but it can also impact the interest rate and other fees…
Helping Your Kids Buy a Home With rising property costs in Australia, many parents are helping their adult children buy homes. The ‘Bank of Mum and Dad’ is now one of Australia’s largest mortgage lenders. Here are a few ways parents can assist. Guarantor Loans A common way parents help their kids buy a first…
Is Selling Off-Market Right For You? Navigating the property market can be a daunting experience, especially for first-time homebuyers. Between the endless open houses, bidding wars and sleepless nights, the dream of owning your home can quickly turn into a stressful nightmare. But what if there’s a lesser-known route that has the potential to save…
Should You Buy Property With Friends? Co-buying property with family or friends in Australia can boost purchasing power and address affordability challenges for first-time buyers. However, it can lead to legal issues and strained relationships. Follow these 3 tips to avoid pitfalls and make co-buying successful. Tip 1: Choose your co-buyer carefully When co-buying with…
5 Things to Think About Before Becoming a Guarantor Many aspiring first home buyers have a hard time saving a big enough deposit to buy a first home in Australia. One way around this problem is to get financial support from their parents, who can act as a guarantor for their home loan. If you’d…
The Role of a Conveyancer When Buying or Selling Property Buying or selling property in Australia can be a complex process, involving a number of financial and administrative transactions. To help reduce some of this complexity, most property buyers and sellers enlist the services of a conveyancer, a licensed professional with experience in real estate…
The Insider’s Guide to Understanding Auctions Are you getting ready to step into the fast-paced world of property auctions in Australia? Whether you’re a first home buyer or a seasoned homeowner, the competitive nature of auctions can be daunting for many. Understanding the auction process can be the key to unlocking a dream property. In…
Get a Real Pre-Approval in 4 Simple Steps Having a home loan pre-approval before house hunting puts you in the best position to buy a property. It signals to sellers that you are serious and ready to move. Additionally, it improves your bargaining power and is crucial if you want to bid on a property.…