Spring is the busiest time of year for property sales and it's just around the corner, so I wanted to take a moment to let you know that I can help you find exclusive, flexible loan options that are tailored to your needs.
As a mortgage broker, I can also offer you products that are only available through me. These exclusive products from Connective Home Loans offer flexible solutions, competitive rates and excellent support.
So if you want to find out more, or to get your pre-approval underway, please give me a call. I'd be delighted to work with you to find a tailored loan solution that matches your specific needs so you can get ahead and bid with confidence this spring.
Does the thought of selling your home make you want to hide under a rock? You’re not alone! But there are ways to minimise anxiety with a few simple tips.
Selling a beloved family home doesn’t have to be a cause of major stress. Picture: realestate.com.au/buy
The family home is often their greatest asset, so selling it in order to buy another house can seem like a high-risk activity. Having a support team around you will help you feel safer and will increase the likelihood of maximising your home’s selling potential.
We’ve spoken to a handful of experts to get their most practical tips for minimising stress in the selling process, while optimising your potential sale price.
1. Change your mindset
Property stylist Jane Newey of Housefrau Interiors says the first thing she tells clients is to “let go”.
It might sound airy-fairy but it’s important to come to terms with the fact that it’s not your home anymore, Jane explains.
Understandably, some people are very attached to their things and a home they may have lived in for many years, but it’s important to not take it personally when an agent or property stylist suggests a change.
2. Enlist the best agent you can
When it comes to selling your home there are few people who will be more helpful than a great agent.
The best tool for this is right here on realestate.com.au: Find and compare agents and also ask for recommendations in your area, suggests Suzie.
Once you’ve found your agent you need to listen to them and take their advice, says Jane.
“If your agent says paint, then paint. They know the area, they’ve got the experience – trust that they know what they’re talking about. If they’re giving you really practical advice then it’s a no-brainer”.
A great agent will not only help with the logistical side of selling your home but the right one will have a fountain of knowledge about the specifics of your area; they’ll know trusted tradespeople and have the experience to be able to give you the best advice.
3. Be your own project manager
At the beginning of the process, before the listing goes live, write up a timeline, Jane suggests.
“Figure out what needs to be done and set the plan for when it will happen. Each weekend do one job until everything gets done,” she says.
“Get rid of the kids for the weekend to make sure they’re not around when it comes to the inspection. Send them off on the Friday night before an inspection; it’ll be one less stress for Saturday morning.”
Now’s the time to start getting those jobs done to get your house looking its best.
4. Get prepared to live in a showroom for weeks
It goes without saying that the house needs to be clean, but Jane suggests preparing yourself for a time of living in a showroom-like space for weeks, if not months, while you have inspections.
Do yourself a favour and don’t throw any parties or host large dinner parties if things are likely to get messy.
Maintaining a high level of cleanliness is important when selling your home. Picture: realestate.com.au/buy
Make life easier for yourselves and postpone these until you can throw a housewarming in your new place.
4. If you can afford it, move out
The best-case scenario during this time is often upping stumps and moving the family out of the space altogether, says Jane.
This will come at a considerable cost, however, so you need to weigh this up with the rest of your priorities.
5. Organise storage
Jane suggests finding a place to store the family mementos, excess furniture, photographs and less-than-beautiful belongings.
“Find somewhere to put your stuff. Whether it’s in a storage facility or a friend’s garage – take this opportunity to embrace the move and start getting yourself and the family ready for the next stage,” says Jane.
Buyers want to imagine themselves in the house, not be presented with all your family’s belongings.
7. Make it easy for buyers
Buyer’s advocate Sebastian James suggests making property reports available for free.
“Consider pre-purchasing the building and pest inspection report or a strata report (if strata-titled) and making it easily available for buyers to download for free,” Sebastian says.
“A lot of buyers are very risk-averse and being transparent as to the condition of the property will help build trust with the buyer, and help them confidently make an educated decision.”
8. Have your property styled professionally
Sebastian also advises against skimping on styling and presentation for listing photos and inspections.
“Nothing frustrates buyers more than listings with poor-quality photos, lazy presentation or a lack of basic information like floor plans,”
“The more information you can provide buyers, the easier it will be for buyers to imagine themselves in the property, become emotionally attached and ultimately make a quick decision.”
Styling a home is more than just making it look pretty; it’s all about showing off the home to its maximum potential.
A stylist will know exactly how many seats you need in a space.
While it might be obvious that having a table that’s too big will make a room look small, it takes a professional to see the possibilities of the space in a way you might not be able to.
By adding in the right furniture and decoration, stylists can create cosy nooks and extra entertaining spaces you might not have even considered, which could add considerable value to the home.
Property stylists will help you present all the great aspects of your home to their full potential and minimise anything that’s not a selling point.
If the upfront cost of high-quality marketing, staging and styling is a concern ask your selling agent if they can defer the marketing costs until settlement,” Sebastian says.
“There are some amazing deferred payment solutions for both vendors and agents like ListReady, which help to reduce the financial stress associated with selling – so being cheap for the sake of it and not giving your property the exposure it needs should well and truly be a thing of the past.”
9. Hire a cleaner
If you’re a household with kids or pets, it might be worth considering enlisting a regular cleaner and not just around the times you’re having inspections.
Keeping the house at the level of cleanliness that buyers expect is no easy task, so don’t be hard on yourself if you find it stressful and time-consuming to maintain that.
Professional cleaners will get the job in half the time and it’ll be easier for you to maintain between visits.
Hiring a cleaner will cut the stress of having to keep the house pristine.
Sourced from realestate.com.au
Lots of things can affect someone’s credit history, getting sick, redundancy, divorce, forgetting to redirect bills if you move, or just an accidental slip on timing can mean late or even missed payments.
If you have credit issues from these sorts of situations there are things you can do to help your chances of buying a home.
Here are five tips to help you get back on top.
1. Get your credit report under control
The first thing you should do if you do have credit problems is get a copy of your credit report - to make sure you are aware of all the problem records you might have against your name.
Knowing exactly what’s in your report means you can then make a plan to sort things out. Debts that are overdue will stay on your file for five years, but the good news is that your credit file can be updated if you pay out the balance of a debt. If you have credit issues then potential lenders will want to know what actions you’ve taken to address those problems, so it’s best to get any defaults paid off so they can see you’ve made good progress.
If any information on your file is not accurate, make an immediate request to have it corrected so it doesn’t continue to affect your home-buying plans. If you think there’s been an error speak to the credit reporting agency and the credit provider involved to get it sorted out.
2. Shop around more
If your credit file got a no with the first lender you tried, there are others you can approach; each lender has slightly different sets of boxes to tick. So if one lender didn’t look on your situation favourably, don’t give up - another might well take a different view.
EXTRA HOT TIP: Shopping around is a smart thing to do, but it’s important to remember that multiple credit applications in a short time frame can be bad for your credit score. So, it’s best to be cautious and only apply for one type of credit at a time. Working with someone like us will help you avoid these traps.
3. Explore the world of alternative lending
If your credit history is the only thing holding you back, you might be able to get a mortgage from a non-bank lender with a more flexible lending product.
The banks tend to have very fixed home loan assessment rules. Once upon a time they were pretty much the only option. Thankfully the world has moved on and now alternative lenders like Pepper Money offer a different approach. They can consider your application on its individual merits and look at a wider range of things not a narrow set.
4. Make sure you are in a situation to afford the repayments
A non-bank lender is still responsible with their lending practices and they’ll want to be sure you are in a situation to comfortably manage the repayments. Make sure you are comfortable that the proposed repayments will not be to big a stretch. No one wants you to be in hardship.
5. Look at alternatives to Lenders Mortgage