Get to know the market in your area

The market in Australia is constantly changing. Housing prices are currently at an all-time high, while interest rates are at an historical low.

First-time buyers or even those looking at buying a second property are finding it difficult to get into the market without large deposits. But, if you budget and plan ahead, you can still achieve your goal of home ownership.

Pick a suburb and do your homework. Go to plenty of open houses. Unless you are prepared, you won’t recognise a bargain when it comes up.

Ask your broker questions

Choosing the right loan will have a huge impact on your ability to find the property you want.

Will you find a rate that will work within your budget?

Does you loan have features that can help you save, and even repay your loan?

These are just some of the questions you need to ask your broker when looking for a loan to help finance your property purchase.

Be prepared

A pre-approval will take a lot of stress out of the home buying experience. If you are shopping with the knowledge that you have the finance in place, you can negotiate from a sure footing.

For more information or to organise pre-approval, call me on 0402 203 303 or email rob@rwfs.com.au.