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If you are already living in your “forever” location— and can imagine loving it for years to come — it might be better to stay put and renovate your house to suit the next chapter of your life.

Selling up and moving can be the right decision if it allows you to upgrade your home and your neighbourhood.

Sometimes it makes more financial sense to turn your home into an investment. If your property is well-located and you can afford to hold onto it, you might consider borrowing against the equity of the property and using it as a deposit for your next home.

Whether you decide to renovate, sell your property or turn it into an investment, you must go in with your eyes wide open on all the costs associated with each scenario.

We can help you decide on the option that works in your best interest. Get in touch today!

MORTGAGE INNOVATIONS

We’re a family-owned business with around 8 staff, 15+ years experience and more than $500M of approved loans. By taking time to understand your requirements, we help make your dreams come true with caring, professional service.

Our team of specialists including Gold Coast Finance Brokers, Medical Mortgage Brokers, Varsity Lakes Mortgage Brokers, Gold Coast Mortgage Brokers and Southport Mortgage Brokers  will find the right loan for you.

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IMPORTANT LEGAL STUFF:

This page provides generic information only; it was created without considering your individual goals, requirements, or financial condition. Before accepting any offer or product, we advise you to think about whether it is appropriate for your situation and to assess your entire financial status. It is not intended to be legal, tax, or financial advice, and you should always obtain a professional's opinion regarding your particular situation. All loan products are subject to lender requirements and approval. Fees, terms and conditions apply.