Archive for year: 2017
There are plenty of different ways to build wealth through property. Unfortunately, choosing the right strategy to suit you can be overwhelming, especially if you’ve been receiving conflicting advice or spoken to different experts about your options.
Buying an investment property can be a great way to create wealth and build up a healthy nest-egg for retirement. Yet the biggest problem many people face is choosing the right investment property to suit their financial needs. What works for one investor’s strategy may not work for your individual situation, so it’s important to […]
Before you rush out to hunt for your dream home, have you considered how you’ll get a home loan? Getting your home loan approved is much easier when you know what lenders are looking for before you submit your application. Here are some things to consider.
If you’re buying or selling a home, chances are you’ll need to deal with a conveyancer to complete the transaction. The primary purpose of conveyancing is to transfer the title of ownership in land from one owner to another.
Couples who rent in one of Australia’s capital cities will need approximately half a million dollars more in savings to retire as comfortably as homeowners, reveals a new report by the Association of Superannuation Funds of Australia (ASFA).
With so many different banks, credit unions, building societies and other lending institutions to choose from, it can be difficult to know which one will be best suited to your needs. Fortunately, a mortgage broker can help you compare the options available and even arrange special deals. A mortgage broker acts on your behalf to […]
Using a mortgage offset account could potentially cut years off your home loan and slash the amount of interest you pay at the same time. Offset accounts are simply transaction or savings accounts that are linked to your home loan. The balance you have in your account at any time is ‘offset’ each day against […]
If you’re paying off a mortgage on your own home or an investment property, it’s likely you could have some home equity. When used correctly, your home equity could potentially be a surprisingly useful financial tool. The word ‘equity’ means ownership. Your home equity refers to the amount of ownership you’ve built up in your […]
Lenders’ mortgage insurance could be the key to helping thousands of homebuyers purchase their dream home each year. Borrowers who don’t have a large deposit can still get into the property market, as long as they’re willing to pay a lenders’ mortgage insurance premium.
Negative gearing is a popular investing strategy for many Australian property investors. There are a number of benefits for investors who choose to take advantage of negative gearing. However, it’s important to know how it works and what other options exist before making a decision about which strategy might work best for your individual financial […]