Has home loan jargon got you confused? 🥴
When buying a home you find yourself having to deal with real estate, legal, financial and insurance lingo & it can be quite confusing and overwhelming.
That right there is why engaging with #yourlocalmortgageadviser will be helpful. And that's just for starters. ✅
Much like a baker knows his his sugar from his salt, a mortgage adviser will be able to explain more about the various steps and processes of taking out a home loan.
Here is one jargon unraveled...a wee bit anyway.
A bank / lender has approved a home loan on the basis you have a ‘RV’ done confirming the house is worth x amount. 'RV what?' you're pondering and beginning to think this could be over your head.
That's where you ring me, #yourlocalmortgageadviser .
I can explain:
❓who will carry out this Registered Valuation
❓what it will cost
❓how long it will take
❓what it needs to say
❓what will happen if the report shows a different value to what you have agreed to buy the house for
And that's just some points to cover on one of the many tasks you will undertake when buying a 🏡
So, if you're looking for someone to help buy a house & take away some of the overwhelm then find an adviser you can trust and relate to. Because trust me, you will be talking to them a fair bit during the process.
If you are looking for #yourlocalmortgageadviser , get in touch with me and lets see if we can work together.
Normally a chat on the phone is the first step - give me a call now 02102000177.
A bit shy? DM or email claire @clairemcarthur .co.nz
I look forward to hearing from you,