1) Get a Free Property Valuation from us.
You will get a written notice from a professional valuation firm.
If you are selling this can come in very handy during negotiations with buyers. It will also guide you in setting a price with the real estate agent who is selling your home (or if you plan to sell it yourself).
If you plan to keep your current home and rent it out you will now know its rental value and how much equity you have.
Tip: For a quick assessment, a useful tool is to do a ?Sold? search on RealEstate.com.au and look at the real price that similar homes around you recently sold for – http://www.realestate.com.au/sold
2) Get your next home loan pre-approved.
A pre-approval lasts for 3 months and doesn?t cost you anything or obligate you to that lender. In most cases you can extend that 3 months by later providing updated income evidence.
Being pre-approved puts you in the strongest possible buying position. A seller is more likely to accept a lower offer if it comes from a buyer who has their finance ready to go.
Also, it ensures you don?t encounter any unexpected problems or delays that could put your new home in jeopardy.
Finally it means you can take some time to get the best deal you can, rather than being rushed to meet a ?subject to finance? deadline.
Personally, even as a Mortgage Broker myself with a good understanding of my borrowing potential, I always get pre-approved as soon as I plan to start house hunting.
Tip: To give yourself the best chance of a great home loan, use this checklist: ?20 Questions to Ask Your Mortgage Broker?.
https://www.mortgageaustralia.com.au/brokerchecklist.pdf
If you plan to sell your home it’s now just a case of waiting for the right offer. Or if you are going to keep it, you are ready to make an offer on the next one.
Any questions, just let me know, that’s what I’m here for.