Everyone wants to shortcut the time it takes to save for a home loan, but some shortcuts are more dangerous than others and can risk your ability to secure a loan. Here we’ll alert you to some of the bad practices that can cost, rather than save, time and money.
1. Don’t use a personal loan to cover your home loan deposit
For the last few years Perth (and indeed, most of the world!) has seen a drop in the value of the real estate market, but new figures out this month from REIWA are claiming things are on their way up – have we finally bottomed out? What does this mean for prospective buyers?
The "Facts & Figures"
According to REIWA, the Perth property ...
Paying off the mortgage is the new Australian dream, according to new research in the “Australia Today” report, with almost 80% of Australians placing outright home ownership as their most important priority.
While we dream of owning our home outright, it’s our mortgage that’s become our biggest burden. This research shows that if gifted with $50,000, all Australians across social grades would ...
"There’s no better time than now to invest in residential property.”
That’s the message from more than 1,000 Australian property investors who took part in the 2016 PIPA Property Investor Sentiment Survey.
Up by five per cent on last year, 70 per cent of respondents think now is a good time to invest in property.
Undeterred by media focus on negative gearing and price ...
A property that sits vacant while you look for tenants can really hurt your cash flow, but it’s a problem many landlords face.
Regardless of whether you have hired a Property Manager or you are leasing the property yourself, use these strategies to improve your chances of attracting tenants.
Make it convenient
Make sure it’s easy for potential tenants to contact you and view ...