Upgrading my home

What you ought to know about buying your next home.
Upgrading my home

Meet Liz and Steve
After outgrowing their two-bedroom Victorian in Richmond, it's time for a family home with more room for the kids.

"We've always tried to pay extra off our mortgage and we're comfortable with our current income, so we're ready to move on.

As much as we love our suburb, we need a bigger backyard a second living space for our pre-teen kids would be a bonus."

But, we love our annual family holiday in Fiji and don't want to give it up!"

What they need
Liz and Steve already have a loan with one of the big 4 banks, and after eight years in their first home they've built up more than $300K in equity. They are at an important stage of their life trying to balance the desire to maintain their current lifestyle and continue to grow their wealth. They need some direction and advice to understand what is a priority and be shown the options that are available to them.

How FinancePath can help
The first thing we will help Liz and Steve work out is if they can afford to hold on to their current property. Perhaps they don't have to buy and sell. Alternatively, they may be better off renovating rather than buying again.

Download our An Easy Guide to Mortgage Finance E-book below.

 

 

Unit 12, Ground Floor
15 Ricketts Road
Mount Waverley, 3149

1300 780 440