Victoria Teachers Credit Union


	Home Loans



		Buying Your Home



		Refinancing Your Existing Loan



		Investing in Property



		Renovating or Building



	Our Home Loans

Search For a Property

If you are buying a home or an investment property, Victoria Teachers Credit Union offers fast approval.

Obtaining pre-approval before you start looking for a property means that you can bid at auction knowing that your finance has been approved – conditional pre-approval is valid for up to 3 months.

Tips for finding the right property:

•	Research property sales history in the area you want to buy and familiarise yourself with the prices in the area.
•	Make sure you check for things such as schools, shops and public transport nearby which may be relevant to your needs.
•	It is worthwhile organising a building inspection to ensure that there are no structural problems or termites, and a valuation by an independent real estate agent or valuer¹.

Signing the Contract of Sale
You should seek legal advice before signing the contract – a solicitor will be able to advise you on any conditions of the sale or restrictions in relation to the property, eg easements and covenants. You will need a solicitor or conveyancer to assist you through to settlement of your loan.

If you are going to sign a contract without previously arranging finance, you should always sign with a condition eg “subject to finance by Victoria Teachers Credit Union”.If you are planning to purchase at auction, you do not have this option.

1. Victoria Teachers Credit Union may still require a valuation from our panel of independent valuers.

Related Links


	Domain.com.au
	Realestate.com.au

Learn more about other products and services from Victoria Teachers Credit Union.