First home buyers can be forgiven for feeling somewhat overwhelmed by the sheer amount of things to be taken into consideration when searching for a property and applying for a home loan.
Doing anything for the first time often requires some trial and error. One of the best ways to become comfortable with making an informed real estate decision is to do your research and get in contact with real estate professionals.
For example, if you’re looking to buy real estate in Oakleigh, looking into historical trends of property prices and recent sales figures can help you understand the property market and prepare you for the options open to you.
Getting in contact with the team at Ray White Carnegie could also be a good step to take – their experience and expertise in the area will be invaluable when searching for your dream home.
When applying for a home loan, the same idea applies. By making use of one of the online mortgage calculators or chatting with a mortgage broker, you’ll be able to figure out which type of home loan works for you and get an estimation of your monthly repayments.
All of these things will enable you to make a well informed, educated decision which could possibly stay with you for the rest of your life.
Nestled just 14 kilometers southeast of Melbourne’s bustling CBD lies Hughesdale, a charming suburb that boasts a warm community spirit and a range of amenities. With a median house sale price of $1.4 million and a 9% increase in median sale prices, Hughesdale is becoming increasingly popular among homebuyers and … Read more
The proportion of people approved for a home loan with a low deposit of 10 per cent or less has almost halved in the past two years. Experts said it indicated people who were approved for a loan with a small deposit between late 2020 and early 2022 would likely … Read more