Home Loans | capkon

How to prepare yourself for home buying journey?

When you think of buying a home, you generally have no idea where to start from and what to do next. Therefore, planning is very important. More importantly, you need to know whether you are ready to buy a property in the first place!

I would give you a few points, a little bit different from what people generally think, and I hope this will make sense to you.

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How to maintain good credit conduct?

Few important things about the account conduct as lenders are turning their eyes on this later when they look at your home loan application.

Why does an account conduct matter

As much as Banks appreciate your good pay slips and saving pattern, good account conduct is also equally an important aspect to get the finance approval these days.

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Getting a home loan when you are a self-employed?

A whole lot of us are self-employed and on a surprising note, most of us are even aware that we would be treated as self-employed when it comes to borrowing money for a home loan. Let us look at how banks look at your income when they assess your application for a home loan so that you can tick off your dream home from the bucket list.

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What happens after you sign the contract?

Signing a contract means that your offer is accepted by the vendor. As soon as the contract is signed by the vendor, the contract is said to be exchanged and this is the official date for your property purchase transaction.

Depending on which state do you live in, we have different property conveyancing laws. If you are in NSW, for example, you leave a 0.25% deposit while signing the contract and you will generally have 5 days of cooling off period. During the cooling off period, the following things happen:

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