4 Steps To Getting a Mortgage If You Have a Criminal Record

Mortgage lenders in Australia are taking more time than ever looking into an applicant’s past in order to determine their eligibility for a mortgage. After the credit crisis, financial institutions are much more stringent when deciding who they’re prepared to lend money to. They look at credit history, job security and past addresses. And if they discover you have a criminal record, they are likely to doubt your suitability for a home loan. If you’re a cash buyer you can get a house without ...
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Get The Best Deal: 4 Smart Ways to Prepare the House for Appraisal

When you’re getting ready to sell an investment as large as your home, it’s only natural to want to get the best deal possible. Before you get your home appraised, there are a few things you can do to improve your potential outcome. It’s easy to undervalue a home with a lot of potential if that potential hasn’t been realized. If you have a list of things you’ve been meaning to do around your property, now might be the right time to get that list out and start checking some stuff off. 1. Revi...
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5 Ways to Make Some Additional Money to Pay off The Mortgage Faster

When you’re ready to knock down that mortgage debt (or at least pay off enough to make refinancing worthwhile), you’re going to need a little extra money to accomplish your goal. Unless you’re in line for a big promotion or a more lucrative career change, you might need to be a little creative in how you come up with that money. If you don’t have time to take up a second job, try some novel moneymaking methods that require a little less commitment. 1. Become a Freelancer Can you write, p...
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The Advantages Of Using Mortgage Brokers

Obtaining the services from home loan specialists is undoubtedly a great choice. There are lots of first-time home buyers who would like to hire Home Loan Brokers Sydney as well as their services so they can obtain the best loan rates as well as terms. It is important behind this thought is the fact that people used to have a shorter period to invest for inquiring regarding different home loans provided by various banks and finance institutions. The loan terms and also the costs can differ in on...
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4 side jobs to pay off your mortgage

Getting your own home is a huge tick on life’s to-do list. It ranks up there with getting married and having kids, but not everyone has the financial freedom to do it. Once you do own your house, you will be saddled with a mortgage which is likely to last until you are much older. Instead of waiting, you can get it paid off by taking on a side job or two. Here are some examples. Buy and sell If you are smart enough to know a bargain, you can make a lot of spare cash by buying and selling. De...
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Don’t Fall into These Traps When Buying a Home

Buying a home is an exciting experience, and also a fairly stressful one. It’s fully understandable that you may wish to rush the process through as soon as you have made a decision, so that you can enjoy your new home as quickly as possible. However, there are some traps you need to avoid, so tread carefully. These are the warning signs to look out for. Failing to read the paperwork After what can amount to months of negotiations, you may want to get on with it and sign the paper work as s...
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Don’t kick yourself later – ask these questions today and avoid loan confusion.

There’s nothing worse than walking out of an important meeting, only to realise that you forgot to ask some important questions. One of the most important meetings you will have when you enter the property market is your initial meeting with a mortgage broker. In order to get the most value out of your appointment, and improve your chances of being approved for a loan, you need to come along prepared to answer a host of questions about your finances and your living situation. But don’t forget...
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Melbourne Property Valuation

Melbourne Property Valuation is Victoria's number 1 independent property valuation company. We have helped 1000s of Melbourne customers obtain a true picture of their properties value. Melbourne Property Valuations provides, independent property valuation services for homes and businesses across Melbourne and the Mornington Peninsula with a central office in Dandenong. We offer a range of property value services including: Family Law Stamp Duty Immigration Capital Gains Pre-purchase R...
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Pay Off Mortgage or Invest – What to Consider Before You Choose

It’s one of the most common questions people have about their finances: Should you pay off your mortgage early or invest the money you save by making minimum repayments on your mortgage? It’s a complicated question with no one right answer. Like most big life decisions, the answer is dependent on your preference, situation and financial discipline. No one enjoys being in debt, it can feel smothering and imposing. Keeping debt around too long can feel dangerous, but so can putting all your mo...
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7 Ideas to Pay Off your Mortgage Quicker

When you first took out your mortgage you’ll have agreed to a mortgage term of (usually) 25 to 40 years. The longer the term, the longer it takes you to pay off your mortgage and the more interest accrues. Longer terms usually mean lower monthly payments but they also mean you’ll end up spending a lot more money before you own your home outright. Paying off your mortgage more quickly is usually a good idea and can save you tens of thousands of dollars. However, not all mortgages allow you to ...
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5 Tips to Survive Buying and Selling a Home at the Same Time

Unless you’ve got a lot of cash in a savings account somewhere, you’re going to need to coordinate the sale of your current home with the purchase of your new home. You’re going to be busy, and it’s natural to feel a little stressed out when you’re enduring two complicated processes at the same time. Tailoring your approach to your specific situation will make it easier for you to transition between homes. 1. Work with The Numbers You need to know how much you can realistically expect to p...
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How to Choose the Right Real Estate Agent

Selling a house is a stressful experience. You’ve got to find a great real estate agent, stage your home for inspection, hope the right buyer comes along, negotiate a price and time this entire process so that you can seamlessly move into your next home. Knowing you’ve got the right real estate agent by your side is the first step to minimising the worry that inevitably comes with a selling a property. You want someone who’s experienced, understands the local area, and knows how to attract g...
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7 Cardinal Reasons To Invest In Small Multifamily Properties

Multi-family properties are booming across Australia, leading many investors to wonder if this is where they should be putting their money. If this sounds familiar to you, then you should know that there is no better time than the present. Investing in real estate is always a good idea, but here’s why you should be looking at multi-family properties in particular. 1. They’re easier to manage This is all about location, location, location – and you know already how key that is in real estate...
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Best Ways to Save Money

In today’s world, saving money is a big challenge. With the price of everything is rising high, it becomes difficult to save money. In this article, we will discuss some of the best ways to save money. Monitor Your Expenses The initial step to saving cash is to make sense of the amount you spend. Monitor every one of your costs—that implies each espresso, daily paper and snack you purchase. In a perfect world, you can represent each penny. When you have your information, compose the numbers...
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7 Reasons You Should Invest in Real Estate

Real estate investment is a hot topic of conversation. So many people want to make wise decisions with their money, and real estate investment seems to be a top contender. There are a lot of benefits to real estate investment, and if you’re considering it, it’s worth looking into what those benefits could mean for you. 1. It’s Easy to Add Value to a Home Some home repairs and renovations offer a substantial return on investment. If you play your cards right, $5,000 worth of work can easil...
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