In this week's episode of the podcast we discuss all the costs associated with purchasing a property. Listen to this one, to make sure there are no surprise costs!
- 4.00 – The Deposit
- 5.15 – Lenders Mortgage Insurance (LMI)
- 7.00 – Building and pest inspection
- 10.30 – Engaging a solicitor
- 11.00 – Holding Deposit and cooling off period
- 12.00 – Exchange of contracts
- 13.20 – Buyers Agent Fee
- 14.10 – Building and Landlord Insurance
- 16.30 – Settlement
– Deposit Balance
– Stamp Duty
– Mortgage Fees
– LMI
– Solicitor fees
– Rates, Council, Water, Sewage
Property Calculator Australia APP Download link
Android – https://play.google.com/store/apps/details?id=com.propertycalculator&hl=en
Apple – https://itunes.apple.com/au/app/property-calculator-australia/id1048864391?mt=8
Buying property is our passion, helping you do it is our mission!
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*Note that all information in this episode is based on information that is constantly changing and these are unprecedented times*