Buy Property in Australia from Overseas Series Part 7: Your Mortgage

buy property from overseas in Australia - mortgage

Welcome to part 7 of our Buy Property in Australia from Overseas Series. This week will look at an important document — your mortgage. (To start at the beginning of the series, read Part 1: Real Estate Industry Professionals Foreign Investors Should Deal With) When purchasing foreign real estate, it’s important to know which types of loans are available to you. Since the Australian government closely regulates the conveyance of real estate between parties, the types of available loans depend largely on your resident status. When acting as a foreign investor you are either a former citizen who still holds […] Read more »

Are You Ready for a Mortgage?

If you’re looking at becoming an Australian property owner, you’ll probably be like the vast majority of people who can’t pay 100% of the cost of the property and require a mortgage. Getting your mortgage is important. Not only will it determine whether or not you’ll be able to buy a home right now but it’ll have a major impact on your finances for the foreseeable future, too. Shopping for a mortgage isn’t as easy as shopping for, say, a car.  You don’t really have the negotiating / haggling power you’d have with smaller purchases. But you can increase your […] Read more »