Category: business

Buying a property is a large financial decision. It is recommended that you seek expert advice from one of the REBAA accredited Melbourne Buyers Agents below to ensure your best interests are represented throughout the entire process.

Are agents trustworthy?

A buyer’s agent is a real estate agent who specialises in working solely for the benefit of the purchaser. They are highly skilled in researching the market and identifying properties that match your search criteria. They will then negotiate on your behalf to ensure you buy the property at the right price and avoid overpaying. They are experts in the purchasing and selling process, and familiar with suburb values and what the local market is doing.

Kim Easterbrook and her team at Elite Buyer Agents offer a fresh approach to property advice that starts and stops with the best interests of the client. They have a strong focus on honesty and integrity, making a difference in an industry that sometimes lacks these qualities.

Amanda Opie from Keyhole Property Investments has a passion for assisting property investors and first home buyers to buy the right property at the right price. She has worked on both sides of the property coin and uses her past experience to educate and support clients at every step of their buying journey.

Jim has been a fully licensed property agent since 2001 and enjoyed his time in residential sales, but found that it didn’t give him the same sense of satisfaction as helping a first homebuyer, an investor or downsizer secure their dream home. He and his team of experienced buyer’s agents help a range of Melbourne buyers buy homes, units and investment properties at all price points.

Renovating your home can add value to it, increase your enjoyment of it and improve its functionality. However, it can also be expensive. Many Canadians do not have $100,000 lying around to pay for the renovations they desire, so they turn to financing options. These include home improvement loans, credit cards and personal lines of credit. Each one works slightly differently, but there is likely a solution for everyone.Find out more

Can we pay extra amount in home loan?

The most common way to borrow money to finance your home renovation is by using a personal loan. This type of financing is available to most Canadians who have steady employment and good credit. You will typically need to submit documentation such as your identity (passport, driver’s license, social insurance number), proof of income (pay stubs or employment records), bank statements and/or tax documents. You may also need to provide a detailed list of your assets and debts.

Another option is to use a home equity line of credit (HELOC). This revolving line of credit uses your house as collateral, which lowers the risk for lenders. However, it’s important to understand the risks involved with HELOCs, as you could lose your home if you fail to make your payments.

Lastly, you can also qualify for a grant to help with your renovations. These grants can be awarded through private banks, credit unions and other financial institutions. Some of these grants can cover up to 50% of your total renovation costs and can be applied for during the same time as you apply for a mortgage renovation loan or personal renovation credit.