Category Archives: News and Updates
For many people in Australia today, especially those on the younger side, having the means to buy a house all by oneself is simply unrealistic. While they’d love to throw down $100,000 in cash for a deposit on a nice place, they don’t have that kind of money and possibly never will. So, what can be done?
If you’ve got a home loan and you’re looking ahead to many, many years of making hefty repayments, it’s only natural to look around for a better deal. Countless Australians are wondering right now whether it’s a good time to refinance.
Is now right for you? It depends on the lending climate you’re in. Are interest rates increasing or decreasing? What sort of offers can you find if you shop around?
If you’re fortunate enough to be investing in multiple pieces of real estate, it’s best to diversify your purchases rather than buy all in one location or one category of property. Having a diverse portfolio makes it easy to weather any unexpected adversity in the housing market and generally enjoy a low-risk financial future.
There are a number of reasons you may choose to build a home rather than buy an existing one outright. For starters, it’s often cheaper, and additionally, you have a greater level of control over the process, meaning you can dictate the exact parameters you’re looking for in a house. Provided you have the time and patience for a construction process, this might be the way to go.
There’s always been a gap between the generations when it comes to home ownership – older people and their families in Australia have traditionally had greater means to buy property than their younger counterparts. And if you believe the latest research, that gap is only growing larger today.
Are you in need of a personal loan, but worried you might get rejected? Explore strategies for improving your loan application and getting fast approval.
If you’re in a situation where you need a little bit of extra cash, a personal loan is always an option. Say you’re looking to fund a one-off event like a wedding or holiday, or you’re looking to make a big purchase like a car – personal loans are available for all of the above.
Renovating your home might sound expensive – but if you do it right, you may well be able to add to the property’s value and make money in the long run.
Many people are turned off by the idea of renovating their homes – once you buy, the natural inclination is to settle down and live a quiet, comfortable life rather than tackle the additional work of rebuilding.
Looking to secure a home loan? The easiest way to do so is to get pre-approved. Let’s discuss how this process works and how you can get a head start on it.
Unless you’ve got hundreds of thousands in cash stashed under your mattress, it’s likely that you’ll need to secure a home loan before buying real estate. The easiest way to line up such a loan is to have pre-approval in place before you even apply.
How can you get pre-approved for a new loan?
Before you buy investment properties in Australia, you may want to take a look at vacancy rates. These stats can tell you your potential to make a profit.
As you prepare to buy an investment property in Australia for the first time, you’ll want to spend hours poring over facts and figures to determine where you’ll be best positioned to make a profit.
Conventional wisdom says that buying your first home is a relatively simple task. It’s exorbitantly expensive, sure, and it may take a long time, but it’s still easy to understand. You simply spend years working hard and saving money, eventually piling up enough to put down a deposit, then you buy.
There might be all sorts of unexpected costs that seep into the home-buying process, and you need to be ready for surprises.