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August 31, 2022
What is Building Insurance?
4 Min to Read
Building insurance is a type of home insurance that covers the building itself, along with the fixtures. Apart from giving you, as the owner, peace of mind and protection, having adequate building insurance in place might be one of the lender’s conditions of approval.
August 31, 2022
What is Formal Approval ?
4 Min to Read
Formal approval (or unconditional approval) is granted once you have met all of the lender’s conditions, and they are happy that you qualify for a home loan with them.
August 31, 2022
Different titles (Strata, Torrens, Family)
7 Min to Read
A property title contains the legal information about a property and includes details about the land and who the legal owner is, along with data on anyone who has a mortgage on it.In Australia, there are a range of different titles that give the owner different rights to the specific property, the house and the land components.
August 31, 2022
What is a Valuation? Types of Valuation?
4 Min to Read
A valuation is an assessment of what your home (or a home you’re looking to purchase) is worth. A valuation is conducted by a professional valuer.
August 31, 2022
What is a Building & Pest Inspection Report and Strata Report?
4 Min to Read
The goal of a building and pest report is to identify any issues with the property you intend to purchase. The Strata Inspection Report is similar to a building report, however, it reports on the entire building or complex. It is also known as the Strata Scheme.
August 31, 2022
What is Conveyancing? Who is a Conveyancer?
8 Min to Read
Conveyancing is the process of transferring ownership of the legal title of a property from one person to another. It is the process involved in preparing and lodging a range of legal documents in order for the property to officially be settled.