In Australia, the process of buying and selling real estate is simple, transparent and fair, due to the strict laws and regulations in Australia and the excellent and transparent investment environment. For overseas people, the investment conditions here are excellent, but most people are still reluctant to take the shot. The reason is that overseas investors are unclear about the policy of Australian buyers, and there are doubts. Today, Xiaobian introduces the ten taboos for buying a house.

First, don’t choose the wrong mortgage. There are now many types of mortgages to choose from, and a solution is developed to cope with the worst. Be sure to understand the initial interest rates of mortgages, mortgage rates, down payment amounts, and penalties for delays in repaying loans.

Second, don’t confuse pre-approval with pre-qualified concepts. There has been a lot of controversy in the real estate industry. In fact, there is no explanation for these two places in the land of real estate. Their meaning cannot be defined.

There is a saying that pre-qualified means that the lending institution speculates on how much money can be offered to you based on certain information. If you get a pre-approval, it means that the lender has verified the information you submitted and, under certain conditions, gives you a defined interest rate. And many lenders understand it as the same meaning.

Therefore, if you are negotiating with a lending institution, you must first ask them how to define the two terms pre-approval and pre-qualified, and what are the requirements for obtaining a loan.

Third, don’t apply for too many credit card accounts. Too many credit cards means that the credit history is very poor, even if you always pay the debt on time. Therefore, handling too many credit cards is equivalent to rejecting the loan.

Fourth, don’t misrepresent information when applying for a loan. When the mortgage application is overstated, the amount of wages is too exaggerated. After being discovered, the lending institution will not sue you, but will recover the loan.

Don’t sign before the items on the mortgage application form are filled out, because the lending institution is always exaggerated, so that the customer can not afford the mortgage amount after signing the word.

Fifth. Don’t hide when you can’t afford a loan. Many people refuse to answer the phone and reject the dunning letter when they encounter this situation. In fact, lenders have many ways to deal with this situation, such as taking back collateral or a house. But they generally don’t do this, but instead look for the lender to talk about the dilemma, unless you hide and let the lender have no choice.

Sixth, don’t skip this step in order to save money. The inspector will help you to inspect the house from start to finish, telling you if the roof and basement are leaking, whether the mechanical equipment in the room can be used, and how long the service life is. They must test better than you. Therefore, do not save 300 to 400 yuan for small losses.

Seventh, don’t just find a real estate agent to sell the house. The real estate agencies are different. Ask them how they want to sell your house in the market. What changes you should make to the house can make it more attractive and how much the house sells. If their answer is not satisfactory, look for other housing agencies.

Eighth, don’t just find a house builder. A good decorator will not ask for a house renovation, nor will it bargain on the cost. You can consult the old customers of the decorator, his suppliers, the better local trade bureaus, and consumer affairs agencies.

Ninth, don’t pay a large renovation fee for the first time. If the decorator wants you to pay a one-third down payment, there must be fraud. In the worst case, don’t sneak out on the renovation. The better situation is that there is not enough money to buy raw materials or pay workers’ wages. Don’t pay cash anyway.

Tenth, don’t burn the mortgage loan contract when you pay off all your mortgages. When you pay off your loan, it’s really cool to pay for the contract. After all, everything is now owned by you. Don’t do this, find a safe and secure place to store all the relevant documents.