Glossary

You’re thinking of buying a new home but haven’t sold your current home yet and are not really sure what to do first. A few people have suggested that you should look at getting a Bridging home loan to help.

When buying a property or refinancing your current home loan, a valuation is required by the bank to determine the market value of the property. This valuation must be completed before the bank will provide you with their Unconditional Loan Approval. The ‘bank valuation’ (as opposed to a ‘real estate valuation’) is completed not by […]