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Thanks everyone for your help.
Now to start researching more into what we can afford. It's all quite scarey. I just want to do it right and the first property is so important.
Thanks Bluegrass: How do I find a reputable Finance Company? There are so many out there that it's hard to know who is and who isnt.
Thanks xdrew too. Great to hear your thoughts.
And Chris thanks much for that great reply! From what the company said the $50k was set up as Jamie had mentioned and you weren't charged interest on it.
Cheers Jamie. Again there are so many brokers out there who do you know is truly independent.
Thanks guys, I must sound totally clueless but you are all so friendly.
Thank you Qlds007.
I am so happy I found this place. Can't wait to look around more.
thank you for your advice. We have decided we don't want to go through them but think we want to take on board some of what they have explained. This is why I'd like any opinions at all before we look into it further.
Our house valuation was completed by 3 agents and all were about $800k so we are just estimating the bank valuation to be $770k. I see your point though with them not being in all pockets of the process.