Financing your purchase

Before you embark on the process of purchasing a property it is important to have taken the time to discuss your situation with an expert in the finance industry.

Below are a few questions that you need to know:

How much can you borrow?

Knowing how much you can afford to spend on a new home or an investment property is the first step. Before you sign a contract you should already have a pre approval letter from your financier. This will also give you confidence in the negotiation process.


What are the extra costs when buying a property?

When you buy a new home there’s more to pay than just the price of the property things to consider are stamp duty, solicitor fees, loan fees etc.  You should consider these upfront so there are no nasty surprises.


Can I get the First Home Owners Grant?

If you are buying a first home the Federal, State and Territory Governments want to help and you may be eligible for a local grant. Consult your finance expert for details.


What loan set up should I go for?

Choosing the right type of loan that will suit now but have the flexibility for unforeseen circumstances in the future or expanding to invest.


Not sure?

Ask questions. Your lender or solicitor can provide advice so you know exactly what you are signing up for.

The Coolum Beach Real Estate have a team of local finance experts with whom many of our clients and customers have used,  just let your agent if you need any recommendations.