03/30/2020

Where to Invest Your Money

Where to Invest Your Money

If you are looking to grow your wealth buying property is a great way to start. Whether you decide to purchase a residential or commercial property, both are solid options that can provide consistent returns for your money. Investing in…

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03/23/2020

Five ways to slash your spending and save a home deposit

Five ways to slash your spending and save a home deposit

Thinking of buying a new house in the near future? It is never too early to start saving! First things first, get excited about saving. Your mindset and emotions can play a huge part in how quickly you achieve your…

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03/16/2020

Should you take out a mortgage with a non-bank lender or stick with a major lender?

Should you take out a mortgage with a non-bank lender or stick with a major lender?

The time has come to start thinking about purchasing your first property. Most people begin the process by going to their bank and asking their advice; but did you know there are other options out there including non-bank lenders? Finding…

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03/09/2020

New First Home Loan Deposit Scheme

New First Home Loan Deposit Scheme

Stuck on how to afford your first home? Introducing – First Home Loan Deposit Scheme What is it? From the 1st of January 2020, the Australian Government has created an initiative to assist people in buying their first home sooner.

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03/04/2020

Apartments on the rise: Where buyers should search

Apartments on the rise: Where buyers should search

If you’re looking to buy an apartment whether it’s for investment purposes or to live in, it is crucial to understand the best areas to search. There has been a sharp increase in the demand and construction of apartments in…

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02/10/2020

Adding Value Through Renovation

Adding Value Through Renovation

With the new year here, you might be considering giving your home a fresh spin with some renovation. Whether it’s adding a pool for the summer heat, or adding a granny flat for gran, renovation can add both monetary and…

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02/03/2020

New Year, New View: Moving to a New Place

New Year, New View: Moving to a New Place

Well, it’s that time of the year, many of us are hoping for a fresh start in 2020 and what could be a fresher start to the new year than moving into a brand-new home. A new you are not…

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01/27/2020

Top 5 Tips When Saving for a Deposit

Top 5 Tips When Saving for a Deposit

Saving up for a deposit on your home loan can be one of the hardest things you do financially. A home loan deposit requires a large amount of money and many Australians don’t have that amount of money just lying…

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01/20/2020

Should You Use a Lender That Is Not a Bank

Should You Use a Lender That Is Not a Bank

With banks becoming increasingly more restrictive on home loans every year it’s becoming more important to consider options outside the major lenders including non-bank lenders. Non-bank lenders still have to follow the same regulations as other lenders and the market…

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01/13/2020

What is Negative Gearing and How Does it Affect Your Investment Property?

What is Negative Gearing and How Does it Affect Your Investment Property?

When you decide to borrow money for an investment you are engaging in gearing. If your income from the investment is more than the expenses of the investment you are positively geared, likewise if your income is less than your…

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01/06/2020

What is a Construction Home Loan?

What is a Construction Home Loan?

A construction home loan is a home loan that is designed for people wanting to build their home instead of purchasing an existing one. As a result, it has a unique payment structure where you only borrow in stages as…

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12/30/2019

Getting a Home Loan as a Small Business Owner

Getting a Home Loan as a Small Business Owner

Getting a home loan is already difficult enough but getting a home loan as a small business owner is even harder. Lenders like to see regular amounts of money coming in as it makes them feel less at risk. When…

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12/23/2019

How to Determine How Much You Can Afford to Pay for a Home

How to Determine How Much You Can Afford to Pay for a Home

Determining what you can and can’t afford is not a simple process. A number of different factors go into consideration when deciding what is within your price range and how much you like the house is unfortunately only one of…

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12/16/2019

Can You Afford an Investment Property?

Can You Afford an Investment Property?

An investment property can be a tempting proposition to a budding investor. It’s one of the most stable and straightforward investments you can make and the opportunity for passive income from rent exists. The downside is that not everyone can…

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12/09/2019

Why You Should Be Reviewing Your Home Loan

Why You Should Be Reviewing Your Home Loan

Once people secure their home loan, they often forget about it and simply pay their loan repayments till the end of the loan. This may seem fine, but the reality is you could be missing out on many benefits and…

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12/02/2019

What Is a Family Guarantee Home Loan?

What Is a Family Guarantee Home Loan?

With house prices continuing to rise rapidly every year, it gets harder and harder to build up the deposit required for a home loan. One way of bypassing this is to apply for a family guarantee home loan or family…

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11/25/2019

The Benefits of Refinancing Your Home Loan

The Benefits of Refinancing Your Home Loan

If you weren’t thinking of refinancing your home loan, you may want to think again. There are many benefits to refinancing that you may want to consider the next time you review your home loan. Refinancing may just be the…

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11/18/2019

What You Need to Know About Debt Consolidation

What You Need to Know About Debt Consolidation

Debt consolidation is the process of consolidating all your existing debt into a single loan rather than pay them off as multiple loans each with their rates of interest. On a surface level, it might make things easier to manage…

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11/11/2019

What Are Bridging Loans?

What Are Bridging Loans?

Bridging loans are loans used to buy a new home when you haven’t yet sold your existing home. Sometimes it is helpful to purchase a new home before you’ve sold your old one. In which case, you need a bridging…

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11/04/2019

The Differences Between Owner-Occupied and Investment Loans

The Differences Between Owner-Occupied and Investment Loans

When you buy a home whether it is classified as owner-occupied or investment depends on your intentions behind buying the property. If you are planning to sell the property for a profit on what you originally bought it for or…

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10/29/2019

Why Spring Is the Time to Buy a House

Why Spring Is the Time to Buy a House

Spring is often the busiest time of the year in the property market with the most amount of homes listed, and the greatest number of houses sold. The sun is shining, the grass is green and it’s the perfect time…

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10/21/2019

Why Mortgage Brokers Are Essential When Buying Property

Why Mortgage Brokers Are Essential When Buying Property

There are hundreds of lenders and thousands of home loans to choose from and compare. As a result, it can be extremely time-consuming to decide on which home loan is suitable for you. It can also be costly if you…

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10/15/2019

Is It Cheaper to Buy or Build a House?

Is It Cheaper to Buy or Build a House?

This is a multifaceted question that depends on how you define cost. In terms of the raw numbers, it’s cheaper financially to build a house rather than buy one. However, the total cost doesn’t consider other costs of building a…

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10/07/2019

How You Can Fund Home Renovations

How You Can Fund Home Renovations

Making renovations on your home can be both exciting and exhausting. Whether you are adding a spare room or sharpening the look of your kitchen it is rewarding to see the transformation. That is why we have made a list…

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09/30/2019

How Often Should You Review Your Home Loan?

How Often Should You Review Your Home Loan?

We live in a constantly changing world where circumstances and conditions are constantly evolving. Our personal situation and lifestyle will shift endlessly throughout the years and we will change what we eat, where we live and what we do constantly.

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09/09/2019

Should you pay off your home loan early

Should you pay off your home loan early

It makes sense to want to pay your home loan off early, being free of debt can free you of your stress and worry. With the number of financial benefits that come with paying a home loan off faster, it…

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09/02/2019

Think Outside the Box with a Non-Conforming Home Loan

Think Outside the Box with a Non-Conforming Home Loan

A non-conforming home loan is a loan that does not fit a lender’s standard criteria for a home loan. These loans are usually offered to people that have a bad credit history or extraordinary financial needs. Because non-conforming home loans…

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08/26/2019

How Much Deposit Do I Need for a Home Loan?

How Much Deposit Do I Need for a Home Loan?

In the past, it was possible to borrow 100% of a house’s value and not even have to pay a deposit. Now, lenders are a lot stricter and acquiring a loan without a deposit is much more difficult. So,…

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08/19/2019

How the Government Can Help You Buy a Home

How the Government Can Help You Buy a Home

Buying a home is a big undertaking, which is why the government offers a range of initiatives to make things a little easier for home buyers. These initiatives are available to every Australian so it is important to take advantage…

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08/12/2019

How to Finance a Fixer-Upper

How to Finance a Fixer-Upper

Houses that need a lot of hard work and love in order to truly shine are sometimes referred to as a ‘renovator’s dream’. However, this dream can sometimes turn into a nightmare if you aren’t careful. We’ve outlined a few…

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08/05/2019

Buy a House When the Sun Shines

Buy a House When the Sun Shines

Just like a farmer’s crops, the time of year you choose to buy a home significantly affects price and supply. As a result, it is important to take into account the seasons when looking for a new home. Spring The…

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07/28/2019

Funding Your Business for Success

Funding Your Business for Success

As a business owner, you’ll more than likely have challenges and problems that need to be overcome. It can often be hard to manage your business’s finances when you’re busy getting your brand out there, figuring out how to price…

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07/22/2019

Wanting to Invest? Why You Should Consider Commercial Property

Wanting to Invest? Why You Should Consider Commercial Property

Commercial property is classified as any non-residential property that is used exclusively for business purposes. This includes retail properties, office buildings, shopping centres, hotels, warehouses, manufacturing facilities, apartment complexes and land for development. For many investors, acquiring commercial property is…

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07/15/2019

Secure Your Future with a Pre-Approval

Secure Your Future with a Pre-Approval

A pre-approval is when a lender approves you for a home loan before you actually decide on a house to buy. It’s essentially a guarantee that you will be approved for a home loan if you decide to apply for…

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07/08/2019

Can You Get a Home Loan for More Than the Asking Price?

Can You Get a Home Loan for More Than the Asking Price?

Acquiring a home loan higher than 80% of the asking price is already a difficult task. Going a step further and getting a home loan for more than the asking price is nearly impossible. However, there are rare situations where…

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06/24/2019

How can your credit card affect your chances of getting a loan?

How can your credit card affect your chances of getting a loan?

When it comes to the relationship between your credit card history and loan applications, it seems many people are in the dark about what’s truth and what’s not. Gather a group of normal Australians in…

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06/17/2019

Common home loans: why and how to repay them quicker

Common home loans: why and how to repay them quicker

Finding the right home loan and the best way to pay it off can seem insurmountable alone. But with the help of an experienced broker, it’s much easier finding terms that will suit you. Read on for…

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06/12/2019

Why it’s important to check your credit score regularly

Why it’s important to check your credit score regularly

Your credit score is like going to the doctor for many – you don’t have a check-up unless you absolutely need to. The Veda Australian Credit Scorecard, surveying the credit behaviour of people nationwide, proves this to be true…

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05/23/2019

Why young investors should take advantage of falling housing prices

Why young investors should take advantage of falling housing prices

The falling market can be both good and bad for homeowners and first-time home buyers – while properties may lose value, lower prices make it a cheaper and thus more desirable time to purchase a house or…

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05/13/2019

Low Doc Loans: What Are They, and How Do They Work?

Low Doc Loans: What Are They, and How Do They Work?

In recent months, Australian banks have tightened their credit standards amid concerns around increasing property prices, household debt and pressures from the royal commission. This means that getting a loan might be even more difficult for…

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05/08/2019

A Guide to Refinancing Your Home Loan

A Guide to Refinancing Your Home Loan

Life changes, and so does your financial plan. There are many reasons why you might consider refinancing – perhaps you are looking to get lower rates, consolidate your debts or make a major purchase with your…

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04/30/2019

Keeping Your Household Budget in Check

Keeping Your Household Budget in Check

Ever gotten to the end of the month and wondered where all the money from your pay check goes? Keeping a budget can help you track where your money is going, stay on top of your bills…

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04/14/2019

Why you should consider ditching the car to save for a home.

Why you should consider ditching the car to save for a home.

Car ownership is on the decline with young Australians. The change could be due to rising housing prices and thus altered priorities for first-time home buyers. The latest Household, Income and Labour Dynamics in…

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04/12/2019

Comparing Loans: What to look out for

Comparing Loans: What to look out for

With so many loan options and an increasingly complex market, it can be hard to pick the best loan for your needs. There are many different factors to consider when it comes to choosing loans. In this…

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03/26/2019

In the market for an apartment block?

In the market for an apartment block?

If you’re looking for an investment unit, an apartment block can be a great option to get a big return. This strategy is becoming more and more popular in Australia, and as such there isn’t quite enough…

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03/12/2019

Your guide to property investments

Your guide to property investments

Investing in property is a smart choice for many Aussies looking for long-term profit potential. But before you dive in, there are a few things you should know. Consider if you’re ready to buy, what…

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03/06/2019

How to get rid of holiday credit card debt

How to get rid of holiday credit card debt

You may still be recovering from Christmas festivities, whether eating and drinking less or getting to the gym. But how is your credit card balance? Finder.com.au analysed data from the Reserve Bank of Australia…

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02/25/2019

What will the 2019 economy look like?

What will the 2019 economy look like?

As 2019 heats up, many predictions for the Australian economy are focused on recent lending announcements and the housing market. Here’s a look at some of the latest. Housing market There was a lot of negative talk about the housing…

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02/19/2019

What do rising interest rates mean for you?

What do rising interest rates mean for you?

The first month of 2019 saw interest rate hikes in Australia that could affect home loans. Make sure you understand your options for dealing with these changes. What follows is a look at the latest news and what it could…

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02/05/2019

Summer renovation tips

Summer renovation tips

Home renovation projects can be a fun activity for families to do together. But these jobs can also be expensive and taxing, financially physically and mentally. When you’re taking on home projects this summer, follow these tips to ensure everything goes…

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01/17/2019

How much can an offset account save you?

How much can an offset account save you?

Including offset accounts in your home loan strategy could end up saving you thousands of dollars. Here’s a look at how they work and whether you should consider going this route. What are offset accounts? Offset accounts aim to…

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01/08/2019

Market predictions for 2019

Market predictions for 2019

Experts in Australia are predicting more declines for the housing industry in 2019. The effects on the economy are still yet to be seen, but some are expecting a hard landing for the market in the coming months. CoreLogic’s latest…

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12/21/2018

What might negative gearing changes mean for the housing market?

What might negative gearing changes mean for the housing market?

A proposal from the Australian Labor Party (ALP) aims to reform negative gearing, and News.com.au says that Aussies are conflicted on the issue. But what is negative gearing, and why are the proposed changes so controversial? What would change? To…

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12/11/2018

What we think of the new best Australian streets list

What we think of the new best Australian streets list

In a sweeping look at which streets are the best across the country, Realestate.com.au revealed the 10 most popular streets based on where users do the most searching. Six of the winners are in Victoria, making a case for the…

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12/11/2018

Common Loan Mistakes to Avoid

Common Loan Mistakes to Avoid

Getting a loan can be quite a tricky task. Seemingly small mistakes may get you trapped in debt, make a permanent record on your credit file and/or lead to rejections on new mortgages. Here are a few common mistakes that…

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11/25/2018

How will the market turn out for home buyers as 2018 come to an end?

How will the market turn out for home buyers as 2018 come to an end?

The housing market may still be uncertain in Australia as 2018 comes to an end. The September auctions proved that buying was low. However, first-home purchases may be on the rise by the end of the year. What follows is…

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11/20/2018

Should you wait for the market to drop further to buy your first home?

Should you wait for the market to drop further to buy your first home?

The Australian housing market has been in a steady downturn over the last year. CoreLogic data shows that it’s seen a cumulative 1.9 per cent value fall since September 2017. While some experts are warning that the market could continue…

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11/13/2018

Why you should pay off credit cards before considering a home loan

Why you should pay off credit cards before considering a home loan

The beginning of 2018 brought a rise in Aussie credit card debt. The average credit card had $2,000 of debt in April, according to the Sydney Morning Herald, the highest it’s been in two years. With the country’s housing market…

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11/08/2018

Your quick guide to interest rates

Your quick guide to interest rates

Just starting out in the property market? Interest rate terminology on your home loan can be hard to sift through. To understand what you’re agreeing to, it’s important to understand the basics about interest rates. What is an interest rate? When…

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11/04/2018

7 tips to help you save money for a summer holiday

7 tips to help you save money for a summer holiday

Saving for a summer holiday? Boost your funds by tracking your spending, cutting one unnecessary expense and staying home for dinner. If you’re still saving up funds for your next getaway, here are tips to help you along the way. Check your bills…

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10/11/2018

Spring market may help first-time home buyers

Spring market may help first-time home buyers

Falling housing prices may not bode well for the overall property market. As the first spring auctions in the major cities have shown this year, it’s still unsteady. Australia’s housing downturn may be getting worse, ABC News recently reported. Melbourne…

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10/10/2018

How major bank rate changes could affect you

How major bank rate changes could affect you

Westpac, Suncorp Bank, and Adelaide Bank have all announced interest rate hikes on home loans. So, what do these raises mean for your repayments? If you have a home loan, recent interest rate changes could affect your repayments. After Westpac increased…

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09/18/2018

4 signs it’s time to move neighbourhoods

4 signs it’s time to move neighbourhoods

Moving can be a stressful experience, which is why many Australians avoid doing it as much as possible. However, certain factors can arise that make it a good time to move on to another neighbourhood, including rising housing prices, bad…

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09/09/2018

What kinds of debt affects your home loan application?

What kinds of debt affects your home loan application?

If you are considering buying a house, you will likely need a home loan. If you already owe on previous advances, whether higher education debt, credit card debt, or personal loan debt, it could impact your home loan application. Australia…

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09/05/2018

Super fund changes that affect the housing market

Super fund changes that affect the housing market

Recent changes to superannuation funds may start to affect the housing market. Two such measures are the First Home Super Saver (FHSS) Scheme, and the downsizing contributions into superannuation funds. These changes were introduced by the Australian Government in the…

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08/28/2018

Reasons why you should refinance your home loan

Reasons why you should refinance your home loan

Saving money and unlocking equity – those are two good reasons why you should consider refinancing your home loan. Before we start talking interest rates, it’s important to know if you can achieve one of those two things. Unlocking equity…

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08/28/2018

Reasons why you should refinance your home loan

Reasons why you should refinance your home loan

Saving money and unlocking equity – those are two good reasons why you should consider refinancing your home loan. Before we start talking interest rates, it’s important to know if you can achieve one of those two things. Unlocking equity…

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08/15/2018

How long will it take to sell your home?

How long will it take to sell your home?

How long will it take to sell your home? We’ve had a closer look at the numbers around home sales in Australia to give you a better idea. The average Australian home takes 45 days to sell or 40 if…

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02/12/2018

Can you ask for a discount on your mortgage rate?

Can you ask for a discount on your mortgage rate?

Haggling doesn’t come easy to many people. Negotiating over the price of goods and services simply isn’t that common in some countries. But are homebuyers missing out on thousands of dollars of savings because they balk at bargaining? The answer…

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12/12/2017

Why diversity in your property portfolio is key.

Why diversity in your property portfolio is key.

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…

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11/14/2017

Why millennials need to start saving.

Why millennials need to start saving.

There’s always been a gap between the generations when it comes to homeownership – 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,…

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10/11/2016

Buying off the plan: the pros and cons

Buying off the plan: the pros and cons

You’ve probably heard a hundred horror stories about buying off the plan: including developers going bankrupt and finished homes being completely different from what was expected. As a result, you may believe that buying off the plan is an incredibly…

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09/26/2016

Surprise! 3 hidden costs of buying a home

Surprise! 3 hidden costs of buying a home

Buying a home costs far more than it’s sale price. There are countless other expenses involved, several of which you may not expect when you make your purchase. If these come as a surprise, they could derail your property dreams…

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09/11/2016

How much could failing to maintain a property cost you?

How much could failing to maintain a property cost you?

Whether you own commercial property or residential real estate, maintaining your property is all part and parcel of the process. Despite this, too many Australians end up having to take out a significant additional home loan because they failed to…

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09/02/2016

3 basic tips to help you save for your first home loan deposit

3 basic tips to help you save for your first home loan deposit

Saving for a deposit and securing your first home loan can be daunting tasks for younger folk. However, the earlier you start readying yourself, the easier the task will be; begin preparing just months before and you’re guaranteed to struggle. Many Australians from…

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08/26/2016

3 home loan management tips via Game of Thrones

3 home loan management tips via Game of Thrones

Buying a new property and managing the resulting home loan can be a mountain-sized task fraught with dangers, much like taking back the Seven Kingdoms of Westeros from their unlawful king. To make sure you don’t fall short in the ensuing siege…

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08/19/2016

First home grant: How much can I get and am I eligible?

First home grant: How much can I get and am I eligible?

Back in the days of black and white TV, speakeasy bars and top hats, your grandparents most likely bought their first home mortgage-free with their combined annual salary and a dozen eggs. Unless you win the lottery or have a chicken who…

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08/12/2016

When and why a personal loan is a good idea

When and why a personal loan is a good idea

Every month, a glorious day slowly rolls around, where you log into your Internet banking and constantly refresh the page until you notice a large increase in your balance. You fist pump triumphantly, startling nearby colleagues with your unexpected outburst.

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08/05/2016

What should you consider other than interest rates?

What should you consider other than interest rates?

Interest rates are an incredibly important part of your home loan. After all, they are the dictating force over what the final cost of your new property will actually be. However, while you should always consider this factor in your…

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07/29/2016

Are you prepared for the hidden costs of building a new home?

Are you prepared for the hidden costs of building a new home?

There are a number of reasons you may decide to build a new home rather than purchase an existing one. You might be an investor wanting to get on board in a new growing neighbourhood, you could want a bespoke…

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07/22/2016

Is your business going to hold onto vital talent?

Is your business going to hold onto vital talent?

One of the keys to success in the world of business is not only getting the right assets, but retaining the right talent as well. In a competitive landscape, particularly for smaller businesses, it can be very difficult to retain…

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07/15/2016

What does the property market of the future look like?

What does the property market of the future look like?

Are you looking at purchasing property but don’t know whether it’s the right investment? Wouldn’t it be fantastic to be able to predict what is going to happen to that townhouse, apartment or suburb? We aren’t fortune-tellers, but we like…

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07/08/2016

Are you a Patient Percy, a Rental Rose or a Construction Keith?

Are you a Patient Percy, a Rental Rose or a Construction Keith?

Are you looking to invest in property with a new home loan, but are flummoxed by the number of different strategies and methods of improving your portfolio? Check out these three typical kinds of investor, and see if you fall…

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