For Sale with
Fitzgerald Hines

Yes, getting pre-approved for a home loan is a smart move before you start looking for a property. Pre-approval is the process of applying for a home loan and getting conditional approval from a lender, based on your financial situation and creditworthiness.

By getting pre-approved, you will have a clear idea of your borrowing capacity and the price range of properties you can afford. This will save you time and prevent disappointment from looking at properties outside of your budget. Additionally, pre-approval can give you an advantage over other buyers, as it shows sellers that you are a serious and credible buyer.

The deposit is generally the largest cost (usually 5-10% of the purchase price), but you’ll also need to budget for stamp duty, conveyancing or legal fees, and potentially mortgage insurance. You’ll also need to factor in any inspections you want to have done, such as a building and pest inspection or a strata report. These can help identify any issues with the property that you might not have noticed on your own. Don’t forget to budget for removalist costs if you’re planning to hire a company to help you move.

You can find our stamp duty calculator here [https://www.pfrealestate.com.au/stamp-duty-calculator]. We also have other useful calculators including our borrowing capacity calculator, repayment calculator, rental yield calculator.

The short answer: yes.
The long answer: Potential buyers who are willing to pay a premium for your property often seek out specific locations. By not having a sign, you risk missing out on these buyers altogether. There could also be people in your area who have been interested in your property for years.

By using all forms of marketing, including having a sign on your property, you increase the likelihood of achieving the highest possible price for your property.

Once you weigh up the pros and cons then the final decision will rest with you as an owner. A sign board is not a necessity in this digital age but is recommended.

Selling your property privately might seem like a good idea to save on commission. However, it’s important to consider whether you have the skills and time to handle the process alone. While some people are able to successfully sell their own property, most find it challenging without the support and expertise of an agent.

It’s also worth noting that many buyers prefer to work with a third party rather than dealing directly with the owner. They want to know that the transaction is fair and impartial. By working with an agent, you can ensure that your property gets the full exposure it needs on the open market to attract the right buyers and achieve the best possible sale price.