"Mortgages made easy,
every step of the way."
Six Reasons Why People Choose Us
Steps to buying a property
Plan your budget to see how much you can afford to repay, and set a plan to start saving for a deposit.
Meet our Red Tie Mortgage broker to discuss your finance options and work out how much you can borrow.
Work with your Red Tie Mortgage broker to select the right loan for you and request loan pre- approval. Your broker will take care of the application and paperwork.
Let the fun commence! You now get to search for your new home, safe in the knowledge of how much you can afford to spend.
Organize building and pest or strata inspection on the home of your choice.
To buy through a real estate agent, make an offer and begin negotiating on price. To buy at auction, place a bid and hold your nerve!
Once an offer has been accepted, contracts are signed and exchanged. At this stage, you will pay your deposit, usually 10% of the purchase price.
You now have a few days to change your mind about the purchase. If you back out, you may forfeit some of your deposit. There are regional differences in cooling-off periods, and if you have bought at auction, you won’t have the option. Auction purchases are final!
Settlement usually occurs four to six weeks following the exchange of contracts. The keys are handed over, and you are officially a home-owner.
This is the moment when all your hard work pays off. You can finally move into your new home and get settled. No more renting – you live in your own home at last!