Categories GeneralMortgage Broker
Before we start, let us keep in mind- “Negotiation is a is never a one-way street”. It is a part of any deal that can assist in making the process less of a hassle, especially in the Daunting Task Of Purchasing A Property. However, the process of negotiating can be a slow process at times while at other times things can sort out in a jiffy. So, it is advisable for home buyers to maintain patience when going about a property purchase. In case of a property deal, like in any other situation, it must be kept in mind that at the…
Categories General
So you are finally buying a house and you have all the costs covered. But, wait! Ask yourself again, “Are you really financially prepared to cover all the costs required for buying a property?” Well, isn’t this an eyebrow-raising question? House buying is not only about paying for the price tag that the property comes with. There are a number of hidden costs like the mortgage interest rates, the cost of repairs, cost of the general upkeep of the home, the ongoing council rates, and the list just keeps going on. So, before you go ahead and calculate whether your house…
Categories General
You might be that smart, lucky one who doesn’t need any expert’s help to find the home of his dreams. Yet, for many people, it makes sense to hire one to take care of the tedious tasks and nitty-gritty details of the home buying process. Some of you might find a good real estate agent who will recommend neighborhoods that fit your needs, while also warning you about its possible drawbacks. However, there is also the possibility of coming across shrewd ones, who might take advantage of your inexperience and bore a hole in your pocket. Homes are most people’s…
Categories General
Once a property enters the real estate market, it becomes a product and in order to sell it at the best price it needs to be able to attract customers. For a property owner, to gain an edge above the rest, A Home Needs To Have The Right Features, benefits, the right price and the look better than the competition. Hence, this where home staging, the process of creating a space that reflects a lifestyle that people want to have, comes in. It works by emphasizing on the positive features and benefits which can help people visualize themselves living in the…
Categories Home Loans
What is Home Equity? A home equity loan, also known as a line of credit, is a great option for borrowers in Australian. If you are ever in need of some extra cash, whether during an emergency or other purposes, your home equity can be used as a source of low-cost funds to help you achieve those personal goals. Many parts of Australia’s property market took off in 2014 and 2015, which is not a hidden fact. However, the prime question is, “what does this mean for homeowners?” For homeowners, the catch here is that your home equity is actually…
Categories Home Loans
It’s 2016 and the real estate market should be prepared for the new wave of investors, the millennials aka Gen Y, who will become a major force in the consumption of real estate. Unlike baby boomers, homeownership for millennials is a desirable goal and an important measure of success, though affordability remains an issue. This is the prime reason why buying a house is the last thing on their minds while they are paying their student’s loan. For as long as they are unable to afford mortgage and get a better offer, propertywise, millennials prefer living freely and mobile so…
Categories Asset FinanceBusiness LoanHome Loan
The real estate market is a hot topic for Australians at the moment, due to historic low-interest rates, a wide variety of loan options, and a host of available properties. With all of this information coming at you at a breakneck pace, it’s so easy to get overwhelmed. This is where enlisting the help of a professional mortgage broker can help, and we’re going to outline the biggest benefits of this, right here. Benefit One – Make the Buying Process a Learning Experience If you have a good mortgage broker by your side from the start to the finish of the home buying process,…
Categories Home LoanHome Loans
If you’re a Melbourne homeowner, you might have heard about the benefits of refinancing. Refinancing your home loan can be a powerful financial tool, allowing you to save money and lower your monthly payments or even access extra funds for other investments or expenses. However, before you decide to refinance, there are some important things you need to know. Check Interest Rates & Compare Lenders One of the main reasons people consider refinancing is to secure a lower interest rate. Interest rates can fluctuate over time, so if rates have dropped since you initially took out your mortgage, refinancing can save you…
Categories General
Navigating the complex web of loans and mortgages can be an exciting yet daunting prospect. Whether you’re a first-time homebuyer, a seasoned property investor or a budding entrepreneur, making sound financial decisions is essential for long-term success. This is where a finance broker in Melbourne can become your invaluable partner. With numerous lenders and products to choose from, the expertise of a broker can make a huge difference when it comes to achieving your goals. This blog post takes a closer look at why choosing the right broker is key for your financial success. Access to Expertise & A Wide Range of…
Categories Home Loan
Rentvesting A classic question in the property market has always been – buy or rent? Rentvesting allows you to do both. It involves renting a place to live in at the same time as buying an investment property. Why Rentvest? It’s an unfortunate fact that House Prices In Melbourne Are Among The Most Expensive In The World. Many young Australians (Gen Y and Millennials) are convinced that entering the property market is simply beyond them, even with the help of their parents. Thirty-five years ago, the average home cost three to four times the annual average wage. Today, homes cost Nearly Ten Times That…