Taking Out A Home
Loan Is A Serious Decision!
Home Buying An Enjoyable
Experience, However Do Your Research!
Preparation For
Buying A Home
Research & considerations prior to purchase
/ Buying your first home is a big decision and deserves your research and
consideration, as your home loan will probably be one of the biggest outlays you
will make. If buying with a partner discuss where you would like to live.
Consider what is important to you e.g. if you have children or planning to have
children, schools may be an important factor. Traveling to work can be
burdensome, living close by may save you substantially in traveling costs.
Or is life style more important, being near a beach, cafe's or a river where you
can go for walks, boating or other pass times.
Compromises that may be required
The optimal location maybe unaffordable so compromise
may be required, if a house is unaffordable maybe a townhouse or unit will be
what will get you into the area, as they are usually cheaper. Or there may
be another suburb close by that is cheaper and the market has not caught onto it
as yet. Ask us to calculate your maximum borrowing capacity for a home
loan, this can save you a lot of pain staking work just to find out you cannot
afford it, we can also organise a pre approval at no cost.
Have you
considered your long term goals
Consider your long term goals, is your first home a
stepping stone to bigger and better possibilities? it is important to structure
your loan taking this into consideration, we can help you with this. Any
broker can find you an interest rate, however they do not all take the time to
help you structure the loan to meet your long term goals.
Home Loan Types
 Setting
up your team
Setting up the team of professionals such as your
Mortgage Broker, Solicitor/Conveyancer, likely Real Estate agents. Take
note the Real estate agents are working for the seller however can be a useful
source of information such as average price for the area, how long the property
has been on the market etc, the more knowledge you have the better negotiator
you will make when it comes to price.
Organize
your financials so you know where you stand
Organizing your finance up front can have many
benefits; we can arrange what is called an "Approval in Principal" this gives
you 3 months or more to find a property and can be negotiated
for extension (and is free). The benefits of Approval in Principle are;
firstly it gives you confidence in your decision making, also it may be the
clinching factor in your offer being accepted. If the seller can see that
the lender has already considered your finances it is more likely they will
consider your offer. We can organize an Approval in Principle from one of our
many lenders give us a call 07) 31611894 to see if you qualify, or apply online
above.
Copy Right Alpha Mortgage
Solutions PTY LTD Brisbane, Queensland ABN 60 120 196 723
All information provided on the Alpha Mortgage Solutions website
is intended as general information only and is not provided as professional
advice. Alpha Mortgage Solutions does not warrant the accuracy or completeness
of information nor accepts liability for any actions taken by you or any another
party in connection with it.
*Home Loan Types
*No
Deposit Loans *Bad
Credit Loans *Mortgage
Broker
Home loans - first
home buyers - cheap interest rates - home loan solutions -
mortgage - no deposit loans - Queensland |
