Being a homeowner comes with many perks and building your equity is one of them. But what is equity in property and how can you use it? We’re going to go through everything you should know about your home’s equity and how you can benefit from it. Here at No1 Property Guide, we specialise in … [Read more...] about What Is Equity in Property & How Can I Use It?
Continue ReadingWhat is a Construction Loan?
Here at No1 Property Guide, we specialise in providing renters an opportunity to enter the property market with our no or low deposit house and land packages. And a big part of the finance for our packages is the construction loan, often referred to as owner builder loans. But many of our clients … [Read more...] about What is a Construction Loan?
Continue ReadingWhat Fees to Pay When Buying a House
Are you aware of what fees to pay when buying a house? It might surprise you that there are actually a number of additional fees home buyers need to pay during the home buying process. But knowing what all these hidden costs are and how much you’ll need to pay can be quite a challenge. So, to help … [Read more...] about What Fees to Pay When Buying a House
Continue ReadingHow Much Deposit Do I Need for an Investment Property?
How much deposit do I need for an investment property? It’s a question we hear a lot here at No1 Property Guide, and it’s something many people aren’t sure of. Most lenders and experts will tell you that you need a whole 20% deposit. While others might say you should be saving up to even 40% in some … [Read more...] about How Much Deposit Do I Need for an Investment Property?
Continue ReadingHow Does a Home Loan Pre-Approval Work?
One of the first and most vital steps in your home buying journey is to learn how to get a home loan pre-approval. Getting pre-qualified for a home loan before you begin your journey is one of the best ways to ensure it’s a smooth transition from renting to homeownership. Darren Walters has been … [Read more...] about How Does a Home Loan Pre-Approval Work?
Continue ReadingMoney Saving Tips for Buying Your New Home
Buying a home is a big investment and saving towards that new home is something most young Aussies try to work towards. But it can be harder than you think. With rising house prices, slow wage growth, and recurring lockdown, saving can be a struggle these days. Which is why we have put together … [Read more...] about Money Saving Tips for Buying Your New Home
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