Categories General
If you are shopping for a new home, chances are that you are hunting for the perfect home loan too. But it is not necessary that you apply for a loan after you find your dream home. Rather, you have the option to arrange for a loan beforehand. This is where a loan pre-approval comes into the picture. A pre-approved loan helps you arrange for your finances in advance so that you can go forward with a stress-free search. What exactly is a loan pre-approval? A loan pre-approval can be seen as a preliminary approval by a lender to a prospective homebuyer,…
Categories Home Loans
Do you remember the first instance when you took out your first home loan? It was a tiresome process, spent in researching a number of loan options so that you could secure a mortgage that best suited your needs and pocket. So, now that you have secured it and bought the home of your dreams, it makes a good financial sense to keep reviewing your home loan at least annually. This will ensure that it is still meeting your needs and providing you with the features or interest rate which had attracted you in the first place. Everything changes and with…
Categories General
In simple terms, Buying A Property off the plan means to buy a property that is yet to be constructed. It involves a person entering into a legal contract to purchase a property before it reaches the final stage of its development. Both investors and home buyers go for the an off the plan purchase, but for different reasons. Buying property off the plan may seem like a tricky option to consider. After all, you are just relying on the promise made by the seller that the property will be developed according to a certain plan on paper. You simply have access…