Migrants: Buying Real Estate in Australia:
If you are planning to migrate/relocate to Australia, we at Wealth With Property are well equipped to assist you with finance for buying real estate property. Our service is second to none and we aim to make your experience easy and hassle free. There is no charge for our services as we are paid by the lenders; simply sit back and allow us to do all the work for you.
To buy a house or land for building if you are not a permanent resident living in Australia. you need permission from the Foreign Investment Review Board. We can organise this for you.
If you are buying a home for the first time in Australia you may be eligible for a Commonwealth First Home Owners Grant (FHOG). Again we can assist you with this.
Applicants can borrow up to 80% of the property value, and must provide the following:
– Proof of income for last 2 financial years (tax returns or group certificate)
– Most recent pay slip from current employer.
– The most recent 3 months bank savings records.
– Proof of shares and / or other securities.
– Proof of employment in Australia; must be similar type of job to your existing/previous job.
– Proof of funds to settle i.e. min 20% of property value deposit and min 5% of property value in available cash funds to cover general purchase costs. These include legal fees, loan fees, stamp duty etc.
– If you own existing property, statements from mortgage accounts showing most recent 6 months of transactions (no arrears)
– If you own property, current property rates notices or title certificates.
– Proof of ID being scanned copy of current passport and drivers license. These scanned copies must be stamped and signed by a Justice of the Peace to indicate that originals have been sighted.
Contact us now for an obligation free phone consultation.
wealthwithproperty 