u/Sufficient-Screen710

I (36f) currently own a townhouse outright.

For family reasons I have had to move interstate last minute and have to sell my property. I should get just over $600k for it. I used my own money to purchase this property, there was no gift to support it.

I earn 130k and have one dependent.

I have had brutal and unforeseen expenses the last few months and have been spending without knowing a possible mortgage application is in my future.

I have generally saved $500 a fortnight lately but once these unforeseen circumstances calm down I can save a lot more.

I’m worried I won’t get even a small mortgage based on this.

What do you think my options might be?

Tia

Hi all
I currently own a townhouse outright but have to sell quite last minute.

I have to move, and I don’t have a deposit saved to buy another place with and rent out my current place.

Because I wasn’t expecting to but, and I’m moving interstate and some other stuff happening, my finances are a mess.

I’m looking at buying and might need a mortgage but I’m worried about serviceability. I earn above average, I’m a single mum and I’ve recently had to spend a lot of money moving, including legal fees.

Are there cases when you can get a mortgage with having a really poor spending history but you have proof that you owned a property outright? I didn’t have any family help purchasing my property, it was all my savings originally.

Tia

I don’t remember this being explicitly covered in the books but I just happened across the crystal benefits of lapis lazuli.

It’s thought to help friendships, build deeper intimacy, honesty and long term trust.

I love that Beth may have used that as inspiration for such a key setting for Emma’s relationships. Her home becomes such a foundational part of the alchemy, the expression of her friend’s love fill different rooms and as her trust continues to build, the house continues to reveal itself and help her friendships even more