Time to Upgrade to a New Home?
Are you ready to move on from your first home and take the next step up the property ladder?
Here are some handy tips for anyone thinking about upgrading.
Is buying the right choice?
Just because you aren’t satisfied with your current home doesn’t mean moving to a new one is the only option.
In fact, in many cases renovating may be a better option for you. Have a think about the reasons you want to move - many may be able to be addressed simply by making improvements to your abode.
See what the market is like
If you have your heart set on finding a new home, the next question is when the best time to act will be.
You’ll need to sell your place and buy a new one, so start off by getting a valuation of your property and gauging interest from buyers.
If there isn’t much activity, you may need to hold off on your plans for a period.
Sort out your finances
Find out how you can take advantage of the equity you have built up in your current home by talking to a home loans expert.
To get more detailed information on your situation, talk to a Loan Market mortgage broker today.