Getting Started
You’ve decided to invest in New Zealand. Great, let’s get started with these simple step by step procedures to help you.
- First take a look around our website to familiarize yourself with New Zealand Mortgage Solutions.
- Contact Mary, you should do this right now!. This is one of the most important steps, because Mary will be able to give you information about the New Zealand real estate market, rental and sales. She is also knowledgeable in statistics for all parts of New Zealand. Mary can refer you to a qualified accountant, or solicitor (lawyer) if you require a financial advisor. Mary also knows many people in the property business and can direct you to someone to answer your questions if she cannot.
- Choose 1, or as many locations as you like from the website and call to make initial inquiries.
- Obtain a pre-approval from New Zealand Mortgage Solutions Australia. We offer loan options from 15 New Zealand banks and financial institutions for you to choose from. Together we can find the one that best suits your needs and situation.
- Speak to your personal accountant and a New Zealand qualified accountant. Client recommendations of New Zealand accountants are available through New Zealand Mortgage Solutions. They can advise you of the tax benefits of, or payments required for investing in New Zealand. Your tax situation may vary on your country of origin, therefore, we strongly encourage you to obtain independent legal and financial advice before making your purchase or entering into any loan contracts.
- Contact several real estate agents and select your agent.
- Fly to New Zealand and inspect your chosen properties to narrow down your list.
- Of the remaining properties, familiarize yourself with the locations and surrounding areas of your top picks.
- Contact Mary about your chosen few. Mary usually obtains conditional approval from the bank you were pre-approved by within 8-12 hours.
- Confer with a New Zealand solicitor (lawyer) for final details and advice on your Agreement for Sale & Purchase.
- Usually, within 5 days, the Agreement for Sale & Purchase has been agreed upon by you and your solicitor and it becomes unconditional.
- Settlement usually takes 4 weeks from the date of the Agreement for Sale & Purchase. Normally, a rental manager has already found a tenant for you.
- New Zealand Mortgage Solutions will be there to assist you permanently. From reviewing your interest rates to helping you invest in future properties, New Zealand Mortgage Solutions will be there for you.
