Many first time home buyers and even some experienced ones fall into the trap of not having their finances organised before they start the property search. If you don’t have a pre-approval in place, you could find yourself in a very unenviable situation where you either...
The vast majority of property sales in Australia occur through a private treaty. What that means is that a vendor will put their property up for sale and then assess offers from buyers. If two parties can reach an agreement, a deal is struck. While we...
Over the course of their lives, most people only ever buy one or two properties. The vast majority of property buyers are owner-occupiers, who simply want a home for their family. As a result, most people never really get to fine-tune their negotiating skills when the...
When new homebuyers looking to enter the market all are faced with the question of not only where to buy but also what to buy. The main consideration is normally between a house or unit. If you’ve got a growing family then the choice might have...
It’s never easy to get onto the property ladder and that is especially true for single parents who are normally trying to balance their children and work. Fortunately, there’s a new Government program aimed at assisting single parents to buy a property, that has been announced...
Advantages of an Offset Account Over the past decade, home loan products have continued to improve and now there are a range of features you should consider when the time comes to get a home loan. Arguably the most popular and most helpful is what is known...
Most home loans are what is known as principal and interest, which means you pay off both interest and the actual debt itself. There is also the possibility of taking out an interest only loan, whereby you only pay off the interest. On the surface, this...
Property prices across the country are in the midst of a strong growth phase and the overall economy is getting back on track. However, there are still a number of people who have been impacted by the events of the past 12 months and have needed...
The lending environment continues to be incredibly tight and despite record low interest rates, getting your home loan application approved still takes plenty of work. In recent years, lenders have started to take a very close look at an applicants credit rating, their income and type...
We all want to get a great deal when we buy a home, but it’s important to understand that the vendor also wants to do well out of the transaction as well. Understanding just how much to offer for a property is an important step when...