Steps towards buying a home
Conditional approval, sometimes called pre-approval, will give you an idea of how much money you’ll be able to borrow. It'll also speed up the process for getting full approval. Find out more.
Finding a home
When you’re on the house hunt, make lists of what you need and what you want – keeping in mind that you can’t always get everything you want, but if the property gods are smiling you might just get what you need. Find out more.
Making an offer
You’ve found the house you want, now you’ve just got to make it yours. Do your homework so you don’t end up with a lemon and get a lawyer involved to help you through the paperwork. Find out more.
Handy terms to know while you look for a home
Demystify the house buying and home lending process by learning the language.
- Asking price
- The advertised price for a property - the price you actually pay can be different.
- Market value
- An estimate of the property value right now – that is, what a buyer would be prepared to pay and what a seller would accept for the property at a point in time.
- Rateable value (RV)
- The value placed on a property by the local council for rating purposes (also known as the Government Valuation or GV).