Buying in an inflated market
When was the last time you looked at how the Australian dollar is fairing on the market? May be on the rise, but according to foreign investors, it’s still pretty low. What does that mean to you and I? Everything. From lower currency exchange when travelling overseas to inflated prices on average items we buy, day to day.
Read moreBuying off the plan financial must knows
So you’re thinking about buying off the plan. That’s wonderful! The anticipation of waiting to see your new home or investment property come to fruition would be part nerve-wracking and part-exciting at the the same time. But, will it be as spectacular as the artist’s impression? Will it be as spacious as you initially thought? Will the builder commit to construction till the very end?
Read moreConveyancing part 1: What is the conveyancing process?
When it comes to buying and selling property in Australia, the process seems to go on forever and can often be quite complicated. So to help understand the steps of conveyancing, we asked Chief Executive at My Place Conveyancing, David King to give us a rundown.
Read more6 Things to consider before buying a house
So you’ve worked hard to save up for a home loan deposit and you’re probably concerned about the potential pitfalls ahead. It's clear that 2023 could bring some headwinds.
Read moreHome buying negotiation tips
Home loan costs ultimately boil down to one thing: property price. The property price decides everything from your deposit size to your home loan amount, so negotiating a fair market value is key to your home buying experience.
Read moreHome loan pre-approval
If you’ve made it to the pre-approval stage of the property buying process it means you’re nearing the finish line. Congrats!
Read moreHome loan repayments - how much can I afford to repay?
If you’re thinking about purchasing a property, before you start eyeing off that penthouse suite the first thing you should think about is how much you can realistically afford to repay each month, as this will ultimately determine the amount you should borrow.
Read moreHome loan repayments: is monthly, fortnightly, or weekly best?
How often you make home loan repayments can affect how much interest you pay overall. The three frequency options you have are to pay monthly, fortnightly, or weekly.
Read moreHow much can I borrow based on my home loan deposit?
Thinking about buying your first home? Or maybe an investment property? No matter what type of buyer you are, finding out your borrowing power should be among the first things you do.
Read moreHow much deposit do I need for a home loan?
Buying a property is an exciting experience, but there are some pretty daunting dollar figures you’ll need to cover. These can include your prospective home loan repayments, the stamp duty you’ll need to pay, and any moving or renovation costs. But the first figure you’ll need to focus on is how much you’ll need to save for a deposit.
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