How much money you have made once you have sold the property.
Capital Gains Tax
The amount of tax you need to pay on the profits made when selling an investment property.
How much your property has increased in value.
Community title (specific to NSW)
A property title where several dwellings are erected on an estate and the owners own their property and land on freehold title, but have shared access to community facilities e.g. swimming pool, barbecue area, tennis court, etc. All property owners pay levies for upkeep of the community facilities.
A type of ownership for a unit/flat/apartment in a building that is owned by a company. A purchaser buys particular shares in the company which gives the purchaser the right to occupy a specific unit/flat/apartment. Lenders are generally not enthusiastic about lending on company title properties.
Details of the interest rate and fees associated with the loan so you can see how much the loan will really cost you.
When the lender approves your loan but they will value the property before formal approval.
A home loan that is specifically for building a new property, or renovating an existing house.
Insurance cover for the belongings inside of your house.
Changing your original contract.
A licensed conveyancer, or a lawyer, transfers a property from one owner to another.
Borrowing money or goods and agreeing to pay the money back, with interest, at set intervals.
An individual or a group to who you owe money.
An assessment of your credit history and any black spots in your credit history when you have missed repayments.
Several properties secure a home loan, reducing Loan to Value Ratio.