Most property investors expect to take out a mortgage but money can also be required:
 |
Upon reservation to secure a selected unit the day you decide |
|
As an initial deposit soon after reservation |
|
For legal fees to process the purchase as you progress |
|
At exchange when legal contracts are signed |
|
For an independent valuation to gain a mortgage prior to completion |
|
For balance of the deposit on completion |
|
For local taxes and duty on completion |
|
For snagging services to make sure you got what you paid for |
|
For carpets and curtains soon after completion |
|
For furniture, sometimes before completion |
|
For management services in your second month of ownership |
|
For government rates during ownership |
|
For the upkeep of your property over the years |
It is important to know when money is likely to be asked for throughout the whole process of a purchase. It is a Pinnacle standard to present a clear cash flow projection of the investment to help you manage personal funds through the various steps of an off-plan or new-build purchase.
Mortgages
At Pinnacle we always present the associated finance product along with the property at the point of selection.
Most investors are likely to be a non-resident or overseas investor. It is our priority to navigate complex finance markets and identify the most appropriate mortgage product on behalf of the investor. What works in one country, and appears every-day, may not be available to an overseas investor in another. We seek, simplify and present best options to fit.
