Is 2013 the year of your own home?
If you have been watching interest rates fall, rents and rental availability, you may be ...
If you have been watching interest rates fall, rents and rental availability, you may be investigating buying a property of your own.
In order to be ready to act quickly when you find the right property, do your research and make sure you meet the requirements for securing a home loan.
The first person to contact if you are thinking about buying a property is your property manager. He or she works as part of a team that is made up of sales specialists and home loans specialists, along with the team which looks after your needs as a tenant and those of your landlord.
LJ Hooker sales agents and home loans consultants are in the best possible position to assist you in finding a home and a loan that suits your individual circumstances as they have access to many different properties and mortgage options.
Rents have largely increased due to a shortage in rental properties in many parts of Australia so now is a great time for you to consider making the transition from renter to property owner.
In addition to the assistance and support the LJ Hooker team will provide you, there are other forms of assistance that may make the home-hunt task a bit easier. Government-initiated concessions and grants which vary from state to state should be researched.
If you are having difficulty raising a deposit, you might also like to discuss with your parents whether they would be willing to let you tap into the equity in their property or teaming up with a friend. The LJ Hooker Home Loans specialist will explain options to you further.
At LJ Hooker, we believe that the great Australian dream of owning your own home is possible.
Ask your property manager to put you in touch with the right people today.
Tip for first home buyers:
Mortgage payment ‘practice’ - before taking out a loan, actually set aside the proposed mortgage repayment each month for three months. This exercise will give you an idea as to the level of commitment you are about to make.