5 tips for effectively managing your mortgage repayments.
Posted by Mark Attard
on 3 April 2024
If you’re concerned about how to best manage your money, struggling to cover your mortgage repayments and other living expenses, you’re not alone.
Recent data shows that more Australian homeowners are facing mortgage stress than ever before.
Here are some tips to help you better manage your finances and make your next mortgage repayment.
1) Create a Realistic Budget
Understand your financial situation by creating a realistic budget that includes all your income sources and exp...
Posted in:Interest ratesmortgagecredit reportrepayments |
Achieve your dream homeownership sooner than you think!
Posted by Chris Collard
on 3 April 2024
Getting ready to buy a home starts with saving for the deposit. It might seem challenging, but with a solid strategy, you can make it happen.
Here are several things to consider to get you started and on track for home ownership sooner than you think.
1) Set a Realistic Savings Goal
Determine how much you need for a home deposit based on the property you want to buy and your lender's requirements. Typically, a deposit of at least 20% of the property's purchase price is recommended ...
Posted in:Property InvestmentHome loansFirst Home BuyersBorrowing capacitygovernment grants |
4 common mistakes first home buyers frequently make.
Posted by Mark Attard
on 22 February 2024
There’s nothing like buying your very first home. The excitement of knowing you can paint the inside whatever colour you like. The thrill of hammering a few nails into the walls for your favourite prints and not worrying about the consequences.
You want your first-time buying property to be as straightforward and stress-free as possible, and so do we. Here are some common mistakes to avoid when first starting out.
1) Seeking home loan advice from family and friends
There are certain ...
Posted in:First Home Buyerscommon mistakes |
Scratching your head trying to understand property jargon?
Posted by Chris Collard
on 22 February 2024
Are you new to the world of property investing?
If you’ve ever found yourself scratching your head at property jargon, we’re here to turn that confusion into clarity. Imagine dazzling your dinner guests with your newfound knowledge, effortlessly chatting about the ins and outs of the market.
Negative Gearing
In simple terms, negative gearing happens when the expenses of maintaining your property—think interest repayments, council rates, and maintenance costs—outweig...
Posted in:Property InvestmentJargon |
Steps to take today to buy tomorrow.
Posted by Chris Collard
on 23 January 2024
Thinking about purchasing your own home this year? How exciting!
The dream of homeownership is facing some new challenges, especially for those in their twenties. Recent data from the Australian Institute of Health and Welfare shows the rate of young adults owning a home dropped from 50% in 1971 to only 36% in the latest 2021 Census. Even for those aged 30–34, it fell from 64% to 60%.
But the dream of having your own home is still very much alive! &nbs...
Posted in:Property Investmentproperty investorsproperty purchasesmart investing |