Relationship breakdowns are hard on everyone and particularly so if there is property involved. During such an emotional time, financial missteps can be made which may have long-term implications. So what are the biggest property mistakes people make when a relationship ends and how can you avoid them? Trying to sell under the radar In…
You often hear location is paramount when choosing a great investment property. But what makes a good location? While a lot of factors come into play, easy access to facilities must be near the top of the list. Walking distance to transport, shops and the café lifestyle is one of the strongest trends attracting buyers…
Now more than ever there is more information about property investment available. Much of it is online and in many cases, it’s mostly untested. Any Tom, Dick, or Harriet it seems can create an “expert” persona, perhaps because they’re good with words or have a couple of property wins on the board, probably solely due…
You’re ready to take the next step and buy your first, or buy another, investment property. And you’re looking for the best Buyer’s agent or Buyer’s advocate around in order to make your investment property purchase. Naturally, among all your research for the best Buyer’s agent for the job, you’re probably doing a lot of…
As new policies, prices, thresholds and eligibility criteria move into the new financial year, a raft of changes is coming into effect from the 1st of July. From young Aussies looking to buy their first home to retirees dependent on the pension, these new rules will have some pocketing more dollars, while others are forced…
Have you considered refinancing your loan? Maybe you’re wondering how much borrowers need to pay to refinance their home loans? According to Canstar, the average cost to refinance an owner-occupied home loan in Australia is $803. This includes fees such as the discharge, application, valuation, documentation, legal and settlement costs. Canstar pointed out that to…
In good news for those stuck in “mortgage prison”, Australia’s biggest bank, CBA, has announced it will lower the stress test on select refinance applications from 3 percentage points to just 1 percentage point. By the APRA guidelines, banks are required to subject all new mortgage applications, including refinancing, to stress tests. But moves by…
Are you looking to build a level of wealth or financial security like the majority of Australians? It is the most common answer I get when I ask clients what they would like to get out of their investments. ……“Financial Freedom” It is the Holy Grail of Investing and one that few people ever get…
Australian consumers are currently facing a challenging environment due to high inflation. According to this report from Westpac, the Reserve Bank of Australia (RBA) intent to bring inflation back to the target range of two to three per cent, is putting significant pressure on Australian households. Westpac expect the RBA to deliver two more rate…
The Australian property market hasn’t taken the big, prolonged plunge that the pessimists forecast. In fact, the most recent PropTrack Home Price Index indicates that the ongoing price rebound carried on through May, and we’re seeing prices go up in more places than before. Home prices across the country have been going up for the…
