More New Homes Being Built — Does That Mean Prices Will Drop?
The instinct makes perfect sense. You see government targets for 1.2 million new homes, headlines about record building approvals, and your first...
If you’re purchasing, it is usual for settlement to occur on the date specified in the Contract.
This brief flow chart gives you an idea of time frames associated with putting in a loan application all the way to settlement. Each lender differs however 6 weeks settlement usually gives enough time to get everything processed.
Be aware things do not always go to plan. If you are using a short settlement as a negotiation technique check in first to see how lenders processing times are going. From Easter 07 to June 07 most major lenders are running five to 10 days behind the normal service level.
The instinct makes perfect sense. You see government targets for 1.2 million new homes, headlines about record building approvals, and your first...
The 2021 Australian property boom was not a mystery. But most of the commentary at the time got it wrong - chalking it up to pandemic psychology,...