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Home buying costs
Find Out Home Buying Cost - Exclusive Findings By One Stop Mortgage Shop

Find Out Home Buying Cost - Exclusive Findings By One Stop Mortgage Shop

How Much Cost Is Involved In Buying Your Dream House?
The purchase of a house can be, at times, a harrowing experience. All the things involved in a typical house purchase, such as home loans, stamp duty, property transfer, conveyancing, and so much more. How much cost are we talking about? What price do you have to pay when buying a house for the first time, or it’s your second home on the block? Well, it’s always good to calculate the estimated home buying cost before entering the real estate market. And One Stop Mortgage Shop has experts lined up for you, so you don’t have to ram your head through all these complicated calculations. Instead, let our home loan brokers do all the complex parts and lay the groundwork for you. And let us tell you, our services are top-notch and we never make any promises that we cannot fulfil.
A Simple Home Buying Cost Breakdown For You
It’s always good to know these things before stepping into the real estate game. You don’t want to be left surprised in the middle of your transaction, do you? Generally, you have to pay 5% of the purchase price for all the things such as stamp duty, transfer fee, registration fee, etc. Stamp Duty: You have to pay state tax for your newly purchased property. That, by far, is the highest amount you have to spend on top of the original house price Transfer Fees: Government demands that you transfer the property’s title from the previous owner to yourself. And oh boy, it sure cost a lot. Registration Fees: You have to register your lender’s mortgage on your property, and that gets done by paying a nominal fee to the government authorities. Inspections: Before moving to your newly purchased home, you have to conduct various tests such as the building inspection, pest inspection & a strata audit. Conveyancing: Another cost that is sure to be added to your home buying cost is the conveyancing fees. Lenders Mortgage Insurance: Also known as LMI, you have to pay for insurance if you borrow more than 80% of the house value from a lender.Similarly, there are many other costs that you may have to pay, and One Stop Mortgage Shop can tell those details in person.
Visit Our partner company for any Conveyancing Needs
We have the perfect company for your property conveyancing in Australia. With their team by your side, you no longer have to worry about the transfer of property from one party to another. All the important events such as signing the lease/contract, transferring funds, and handing over the keys will be taken care of by One Stop Mortgage Shop. Moreover, you will receive detailed reports on each property, so you can decide whether to invest in it or not. Their services are top-notch, they are incredibly professional, and we can vouch for them as well.
Trustworthy Home Loan Brokers At Your Service
We are delighted to have you on board. One Stop Mortgage Shop is always looking to add new customers to its already colossal clientele. Our team of home loan brokers and legal experts will walk you through the entire process of purchasing a new home or the second one, for that matter, in Sydney, Australia. With 25+ years of experience in this domain, you can bet your money on our expertise and rest assured that you will receive the best services from our mortgage brokers. Talk to us today, and we will disclose the home buying cost for your dream house. And, of course, we can help you borrow money from some of Australia’s top lending institutions. So please hurry up and hire us now!
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