Every mortgage broker knows that most people fear their property purchases. However, it’s not really something we need to be as afraid of as we actually are. Here’s why you don’t need to be stressed out by your property purchase.
But it costs so much!
Of course, a property is one of the biggest single price-tag purchase you will make. It’s often a borrowed amount, which considerably adds to the stress and panic people feel. It is legitimately a very big decision and commitment to make. The good news is we have some top mortgage broker tips to help make that decision less nerve wracking.
Do you know what you are looking for?
Before you even dial up your nearest mortgage broker, take a while to truly think about what you are looking for. That means not getting lost in airy dreams like ‘just the perfect home that speaks to me’, and getting serious about the practicalities.
- Should it be within x minutes of a school?
- Are there needs like being within walking distance of entertainment spots or shops?
- Do you rely on public transport and how close is access?
These questions and more will help you narrow down the nitty-gritty of what you actually need.
Now consult a mortgage broker and find out what’s possible.
Now you have a good idea of what available properties match your criteria, you can start getting serious. What is your borrowing capacity? A … Read the rest...