We all know the saying “It takes a village to raise a child”. Similarly, it takes a team of experts to build a house. Think of everyone involved – architects, designers, builders, electricians, plumbers, building inspectors, to name a few. Each expert takes care of a different aspect of the build, and the end result is the completed house.
When buying a home, you also need a team of experts. Lawyers, Mortgage Advisers, Building Inspectors, Insurance Brokers, Accountants. These experts can save you thousands of dollars and ultimately make sure that you are protected when you buy your greatest asset – your home or investment property.
Often, we are given advice by friends who have “done it themselves”. There are some risks associated with taking this “around the barbeque” advice, as what has worked for the barbeque expert may not be right for you.
Being informed is important. Look at different options, and understand how those options will benefit you. When it comes to buying a house, you want to know that you are getting the best advice, and the best price!
For example, if you go direct to a bank to ask for a mortgage that is what you get – a mortgage! However, if you go to a Mortgage Broker you will have the benefit of their existing relationships with the various lenders, and the broker will be able to negotiate the best deal for you. Choosing the lender that best suits your spending and saving habits is more important than the interest rate, and the decision about your lender can be the opportunity to shave years off your loan, saving you thousands in interest costs. You probably don’t know that each time you apply for credit, a marker goes on your credit score. This can affect your interest rate in certain circumstances. Best to avoid that if possible – Mortgage Advisers know who to match you with!
It’s what we do, and we love finding the best solution for you. If you’re thinking about buying a house, please get in touch with us for a chat. There are no strings attached. You may find that we have advice and ideas that could get you into your dream property – so what’s to lose?