Haggling doesn’t come easy to many people. Negotiating over the price of goods and services simply isn’t that common in some countries.
But are homebuyers missing out on thousands of dollars of savings because they balk at bargaining? The answer is yes, according to new research from finder.com.au.
People can save $20,000 over the course of a mortgage by securing a discount of just 0.2 percentage points on the interest rate, yet less than half of respondents (43 per cent) have the confidence to ask.
Are you looking to purchase a property in 2018? A member of our team can help you get the most ideal home loan for your circumstances.
We believe using a broker always gives people an added edge when on the hunt for a dream home, but there may be more reasons than usual for seeking extra assistance next year.
Investment properties are a popular long-term wealth strategy for Australians, delivering both a regular income stream and an asset that should appreciate in value over time. One-fifth of people in the country had at least one investment property in 2016 – up from 17 per cent the previous year, according to ING DIRECT figures.
But if you’re looking to join the ranks of Australia’s growing army of investment property owners, you’ll need to educate yourself on what deductions are available.
Paying off debt was a priority for Australians in 2017, with finder.com.au figures showing that 30 per cent of people made this their New Year’s resolution last year.
Unfortunately, these efforts weren’t entirely successful. Personal insolvencies climbed 8 per cent in the September quarter when compared with the same three-month period in 2016, according to the Australian Financial Security Authority (AFSA).
Borrowing more money may seem like a risk when your financial situation is already uncertain, but personal loans can allow you to consolidate debts, which has a number of benefits.