How to Buy a Home at Auction
One of the key differences between buying at auction or buying using a private treaty is that a sale at auction is unconditional. That means, as a buyer, you’re not able to add conditions such as subject to finance or subject to a building and pest inspection. Therefore, you need to be prepared and organised when the time comes to make a bid at auction.
What’s a Serviceability Buffer?
What’s a Serviceability Buffer and How Will It Impact Your Ability to Borrow?
How Your Parents Can Help You Buy a Property
More and more parents are helping their children get a foot into the market, given that prices continue to rise each year. Here are some ways parents can help their children get that first property.
To Rent or Buy?
Owning your own property is normally very high up on the list of things people want to achieve in their life. However, depending on your financial goals and what stage of life you’re at, what you hope to achieve with property will likely differ quite considerably.
For first home buyers, the biggest question is usually whether to rent or buy?
How to Make the Most of the Equity in Your Home
How to Make the Most of the Equity in Your Home
The great thing about real estate is that you’re able to access that uplift in equity to put towards a deposit on another property. It’s also possible to use those funds to put towards your current property to increase its value even further through things such as a renovation or even a subdivision where possible.
4 Tips for Buying a Home
4 Tips for Buying a Home
4 options to get on the property ladder sooner
While it would be nice if we could all go out and buy our dream home today, the reality is that it usually takes time to achieve our goals. The good thing is that even if you can’t quite afford your dream home right now, there are still other options to get onto the property ladder a lot sooner than most people think.
How Much Can I Borrow with a Guarantor?
As house prices continue to rise across the country, getting into a new home can be tricky for first home buyers. Fortunately, if you’re able to get the help of a guarantor, it might mean you can get into a home of your own sooner rather than later.
Why do people refinance?
Why do people refinance?
It’s Now Cheaper to Buy than Rent in One-Third of Australia
With record-low interest rates available to borrowers, it is now cheaper than ever before to service a home loan.
4 Things to Consider Before Fixing Your Interest Rate
As the Australian economy continues to recover and house prices remain strong, there is growing speculation that interest rates are also going to be rising soon. We’ve already seen a number of the major banks increase rates on their fixed interest rate products, which implies that they believe rates are headed higher.
Does that mean you should now fix the interest rate on your mortgage?
What is the Family Home Guarantee?
What is the First Home Loan Deposit Scheme?
Usually, first home buyers with less than a 20 per cent deposit need to pay Lenders Mortgage Insurance (LMI). Under FHLDS, eligible first home buyers can purchase their first home with a deposit of as little as 5 per cent; without paying LMI.
What are the new schemes to support Australians buying a home?
Fixed Rates are Rising
With the RBA yet to indicate whether they will be bringing their own interest rate rises forward, CBA has gone ahead and increased some of their products by 0.05% and 0.1% for both owner-occupied principal and interest, three and four-year fixed rates and its interest-only three and five-year fixed-rate mortgages
5 Home Loan Features To Know About
Home loans have come a long way in the past few decades, and now there are a range of features you can access that can really benefit you in the long run. Fortunately, there are a few key features that you need to know about that can make all the difference and potentially save you thousands of dollars over the life of the loan.