There’s four basic decisions to make when you’re picking the type of property to buy - will it be a house or unit and will it be an existing or new property.
Lenders all have different criteria for assessing deposits, but as a rule, the more you’ve saved, the better the chance that your mortgage broker can negotiate you a lower interest rate or have fees waived.
Warning for first time buyers! Don’t bid until you’ve done these three things
If you’re buying your first home or helping a family member enter the property market, make sure you’re ‘bid ready’ by doing the following before raising a bidder paddle or making an offer.
RAY White Victoria and Tasmania capped off 2020 with an all time record in December, as the market fired back to life after the extended lockdowns in Australia’s auction capital.