Home buying can be a very exciting pursuit even for those who have done it more than once. However, it is important not to get so caught up in the excitement that you lose sight of the bigger picture and make small or even large mistakes.
One of the most vital rules in home buying is to be realistic. Whether the purchase is for an investment or to be used for personal use, the decision always needs to be made with a level head and some good ground work.
One of your first points of call when buying a home would be acquiring a loan; this is where being informed and realistic can really pay off.
Know Your Limits
The team at Prudential Real Estate understands that you will be keen to get your home buying underway. However, there are some very important steps you need to take first so that each subsequent step is on stable ground.
Firstly, it is highly recommended that you go into a meeting with a mortgage broker armed with current and concise information about your income and expenditure. This means that from the very beginning, how much you may be able to borrow is going to be accurate and you will avoid disappointment thereafter.
It is important that you ascertain the amount of your loan before you start seeking a property, so that you remain looking at purchasing through sensible eyes. It really is a waste of time and sometimes devastating to look at properties out of your price range before you know a borrowing figure.
This is why Prudential take it upon themselves to offer all of their clients professional and knowledgeable assistance in acquiring a home loan. For many years Prudential Real Estate have relied upon the extensive expertise and experience of one mortgage broker.
Each family or person's situation is individual and with Prudentialísí mortgage broker they will be skilfully guided regarding which kind of home loan will best suit them and their needs. Within minutes they will leave with a clear idea of what repayments are needed as well as any other fees that will be incurred.
With Prudential Real Estate you will be supported and informed every step of the way during your home loan application and purchase. They happily and easily answer any questions and offer any advice that you require. You can find out more about their mortgage broker and other services at website.
Following this process, the added benefit of building a strong business relationship with Prudential Real Estate is that should you ever need to rent out your property, they offer proficient property management Sydney services that will be as equally impressive as their sales ethics.
As a property investor, your focus should be concentrated on choosing the property that you think will bring in the best profits. That is why at Prudential Real Estate, we help you focus on the essentials of real estate investing, and not on the complexities of mortgage lending.
Prudential Real Estate, which specialises in real estate Ingleburn and other parts of Sydney and nearby areas, provides customers with top-quality assistance in the area of home loans.
Prudential Real Estate works solely with one mortgage broker and we have been entrusting him with this task for many years now. Craig Corbett knows everything you need to know about home loans. Backed with extensive experience and knowledge, Craig can offer you the right home loan solution that will suit your requirements.
Give Craig a call and he will sit down with you to discuss your personal circumstances. In a few minutes, he will come up with the best loan option that suits your situation. You can choose to have him arrange a loan that suits your requirements.
Why Choose our Mortgage Broker?
Our mortgage broker is guaranteed to match you with the best loan option available in the market. When looking to buy a real estate for sale, part of our predicament is in acquiring a loan that will best serve our interest. There are various types of home loans, including introductory loans, variable-rate loans, fixed rate loans, transactional mortgage and low doc home loans.
There are currently over a hundred lending institutions that can provide dozens of loan options. If you are knowledgeable enough to determine which of these loan products will best suit you, then you are good to go on your own. But what if you simply just do not have the time to study all of the options available? For your real estate investment to work well for you, you will first need to figure out which loan type to obtain.
Prudential Real Estate would like to make sure that you are getting the best deal for your hard-earned money. This is the main reason the company is helping its customers get the best advice in the area of mortgage lending.
By acquiring the services of our mortgage broker, you are ensured of finding the right bank or lending institution to deal with your real estate requirements. In addition, you also get a good insight as to the best loan product for you.
A quick scroll through the internet listings of residential properties for sale will show some beautifully prepared properties. Some are mansions and some are modest, but regardless, their owners have made the effort to show them off at their absolute best. Often, however, properties are listed for sale as is, that is, there has been no effort on the part of the owner or owners to present them to their best advantage. There can be many reasons for this Ė absentee owners, deceased estates, or just people who donít realise they are leaving money on the table by neglecting this important part of marketing their property.
Hiring the right agent is equally important. The property can be absolutely spotless, but if the agent lacks experience or ethics or has little knowledge of the market, the seller will be short-changed in service and the final selling price. With these two issues covered, the selling experience will be hassle-free, and lucrative if the market forces are right. The right agent will look after the real estate sales and marketing, inspections and negotiations, and a beautiful property will sell itself.
Getting the Buyers Interested
So what needs to be done to make a property attractive to buyers? From the time a prospective buyer pulls into the driveway, the property is on show. First impressions stick in the mind, and if the outside is unkempt, it will be hard to overcome that emotion once inside, even if the interior is better. Everything in the garden must be neat, tidy, trimmed, mowed and lopped as necessary. Trim garden and driveway edges, remove rubbish, straighten leaning fences, repair windows, doors, guttering and downpipes, and paint where needed.
On the inside, everything must be clean. Get carpets steam cleaned and replace mouldy or old shower curtains and bath maths. Blinds and curtains must be washed and re-hung. Security screens on windows and doors should be repaired if ripped, and again, washed clean. Walls and ceilings also need to be clean and especially free of cobwebs and insect droppings.
Every glass, chrome and metal surface must shine, including the stove and the sinks. Replace outdated tap fittings and fixtures. Light fittings must come down, be washed in soapy water, dried and re-hung. In no time, with little cost, the interior will be sparkling and ready for any inspection. Note that it must be kept like this for as long as the property is for sale.
Choosing a Good Agent
Now that the house is ready, choosing a good agent is next. Look for a real estate Liverpool agency that has been around for a while. An experienced agency already has effective business management and property sales systems in place to make administration and communication easy. They should also have a solid knowledge of the market area around which the property is located. This is important for attracting the most likely purchasers to particular properties.
The agency should use every marketing medium available, but be strongly focused on a professional web presence. Many buyers do their searching after working hours on the internet, so having a web site that advertises on every major real estate web portal casts a much wider net. Coupling that with local advertising through property magazines that go to every household in the area covers all bases.
Testimonials from satisfied clients and word-of-mouth recommendations will confirm that the agent chosen has an excellent reputation. With the right agent and a property fit for any inspection, the seller has done everything possible to get the best price for the property.
Do you have a residential investment property in Sydneyís south-west that is not giving you the returns you expected? Are you unhappy with how it is being managed? This is a disappointing scenario, not just because of the financial implications but also because, no doubt, when you placed the property with your current property manager, promises were made and assurances given. Itís a little bit like a marriage isnít it? Everything starts out rosy with pledges honoured and a big effort put in, but over time it can deteriorate as commitment wanes and reality sets in.
If this is happening to your Liverpool property, itís time to consider divorce, figuratively speaking, and giving someone else a try! And that someone is Prudential Real Estate, the largest single provider of property management services in the south-west. Since dipping their toe into the property management stream over 20 years ago, Prudential Real Estate has grown to the position where they are managing over 3,000 rental properties, and yours could be one of them.
An organisation with this volume of properties under management must be doing something right, and the first point of difference from many other agencies is that each client is assigned a dedicated property manager, so there is a single point of contact for the management of each clientís property assets. This smooths out the lines of communication and ensures that the property manager knows each property like the proverbial back of the hand. This personal contact also ensures that your property manager gets to know you and how you want your property managed, so you are not just squeezed into a ďone-size-fits-allĒ arrangement.
Part of the Prudential Real Estate Liverpool success story is the care they take to assess tenants and match their suitability to the features and facilities of your property. Tenants complete a comprehensive application form requiring several references and qualifying documents, including employer reference checks. Searches of on-line databases are also performed to check information on the application form, so that when a tenant is finally recommended to you by your property manager, you can be confident that all due diligence has been covered.
Your cash flow is protected by Prudentialís financial management systems which require rental payments to be made by direct debit so the rent moves electronically straight from the tenantís account to yours once a week. Tenants donít need to make the trip to the office to pay their rent. This saves them time, money and inconvenience, and is another reason why good tenants stay with Prudential, as their needs are considered as well as yours. This is good news for the property owners, as a happy tenant will always take better care of the property than a disgruntled one.
Your Prudential Real Estate property manager is fully trained in the legal processes involved in managing a tenancy, and all documentation is checked and correct before it is lodged with the relevant authorities. In the unlikely event that anything should go wrong, they are also trained to represent the owner in a Tribunal situation, so everything concerning your investment is covered, from the first inspection to the tenant finally vacating the property.
If you are not receiving this level of care, client service and attention to detail from your current property manager, then Prudential Real Estate would like to show you how it should be done. After 20 years in the business, their experience and expertise shines through, and the beneficiary of this databank of knowledge will be you Ė the property owner. They are just a phone call away.