Page 11 - ooba First Time Buyers Guide

APPROVAL process

The following steps need to be followed before

home ownership can take place.

1 You sign an offer 2 The estate agent 3 You choose whether to

to purchase/sale submits your offer complete an online
agreement to the seller who application or an
accepts the offer electronic PDF, and
submit it to ooba
Home Loans
10

Transfer & 4
Registration Your application is
of property submitted by ooba
takes place Home Loans to
(3 months) multiple banks and

we will provide you
with quotes to
compare
9

You sign all
your 5
documents Your home loan
at the application is
attorney approved in
principle pending
the valuation of
8 the property

You make a
final decision
on your bank
of choice. The bank 7 ooba Home Loans 6 Your new home is
will issue instruction can appeal interest valued by the
to the bond rates and terms bank’s property
registration attorney with various banks assessor (3 days)