Our guide to buying a home
Getting ready to buy
You’re almost at the finish line, you’ve found the home and your offer was accepted, but there’s still a lot left to do before you can get those keys. Knowing the steps for getting ready to buy your new home, which could make all the difference.
It’s about this stage in the journey of buying a home that you probably begin to feel a little like an accountant, sifting through last year’s tax receipts. Let’s not joke around – managing your paperwork is a job, but following these tips should save you some sanity, and maybe some money.
Preparation & the approval process
The list of tasks and requirements you need to understand and remember to secure your loan is not short. Keep track of where you’re at and know what documents and ID you need with this Suncorp Bank approval checklist.
What are the inspections that I might need?
If you’re thinking about buying a house, either as a home or an investment property, there are a few things you’ll have to arrange.
The following are a few inspections that you should consider before making a final offer on a home.
Insurance – When might you need this and what might you need?
You’ve just bought a house. Congrats! But if the unexpected happens, you’ll want to make sure that you and your new home are covered.
But if the unexpected happens, you’ll want to make sure that you and your new home are covered.
What is the loan approval process and how long does it take?
If you’ve applied for a home loan, waiting for approval can be an anxiety-inducing process. However, knowing how the process works and what to expect can make things a little less stressful.
What happens once the loan is approved?
So you’ve found your perfect home and you think your house hunting days may be coming to an end. You’ve even spoken to your bank and gotten pre-approval, letting you make an offer. But what happens once your loan proceeds to final approval?
Explaining mortgage and conveyancing documents
The amount of forms and filing involved with purchasing property can be intimidating, especially if it’s your first time. But it’s vital to know what’s required, as a seemingly minor oversight can cause major headaches.
Need more help with home loans?
The information is intended to be of a general nature only. We do not accept any legal responsibility for any loss incurred as a result of reliance upon it – please make your own enquiries.
Any advice contained in this document has been prepared without taking into account your particular objectives, financial situation or needs. For that reason, before acting on the advice, you should consider the appropriateness of the advice having regard to your own objectives, financial situation and needs. Where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should consider the Product Disclosure Statement before making any decision regarding the product. Contact us for a copy.