Spring is just around the corner which traditionally means the property market will start to warm up. If you are considering making that next property purchase, it is recommended to get a home loan pre-approval first. It not only saves you time on your property search but also protects you from overspending at an auction. How long does pre-approval take? Turn-around times for pre-approvals vary for each lender from the time of application submission. Verify with your broker the expected timeframe for your preferred lender. Providing us with the correct documentation up-front will help achieve a speedy turnaround. Follow these three easy steps to get your home loan pre-approval. 1. Collect yo
There’s plenty to dig into for this month’s topic but first, a quick update on how our market is tracking. With restrictions easing on 15 May, Queensland saw relaxations for the real estate industry. In-house auctions can now be conducted with ten members of the public present and a maximum of three agency representatives running the auction. Open home inspections can be carried out with a maximum of ten people allowed access. Names, addresses and mobile numbers must be taken by agency staff of any attendees for contact tracing purposes too. The easing of restrictions has seen an increase in listings and more activity at open homes. We have, however, yet to see evidence of changing transacti
