Time to upgrade to your NEXT HOME?
Thinking of getting a bigger family home? Or to renovate current house? Or to build your next dream home? At Tree Finance Group, we have solutions that just right for you!
Do Not Know Where To Start? OR Not Sure What is the Best Choice!
The following FAQs are designed to guide you to find your directions:
Should I sell my home first and buy a new home later? or should I do the other way around?
General speaking, it all dependents on your current financial position. To buy first with sale later, you will need to have strong borrowing power to be able to obtain the second home loan, besides you will need to have enough deposit with saving buffer to buy the new house.
However, on the other hand, to sell first with buying later, you may need to prepare to live somewhere else or coming up with other options. You also will need to consider the ongoing renting cost from the day your current family home settled until the day you get the key of your next purchase.
Should I turn my current home into an investment home and buy a new family home?
Many families in Australia have this thought when it is time to upgrading their current family home to a bigger house, or perhaps to relocating due to a new job, or to downsizing because of grown up kids left the home.
Considering in personal financial situation, tax position, and even emotional attachment to the house, all of these certainly make this simple question more complicated.
At Tree Finance Group, we will guide you going through this process so you will feel more confident when it is time for you to make a better decision.
Should I just renovate my current family home instead of buying a bigger house?
Yes! If you love your current living neighborhood, upgrade your current family home by renovating it is the way to go! Not just only you will save $$ in unnecessary cost to real estate agent and government fees, but also you can increase the value of your current home after the renovation is completed.
To understand the process how this can be done is the key. This may include checking local council rule, getting a right floorplan, finding a good builder, and others. However, the most important part is: SPEAK TO US to find out how much you could borrow for the project!