6 practical ways to help your kids enter the property market SUCCESSFULLY

I’m not going to bore you by explaining how difficult it is for young people to enter the property market, this has been hashed out time and time again. What I will do is give you practical ways to assist your adult kids to take the next step and enter the property market. Limited Security Guarantee If your kids have managed to save enough to even consider starting the look at property, but not quite the full 20% deposit to avoid paying Lenders Mortgage Insurance (LMI), there is a way to e...
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Not buying into a Buyer’s Agent?

Buying a property can be a fun, exciting time. It can also be stressful and rife with anxiety and for good reason. Trawling through the internet to source properties that peak your interest, for some is real estate porn, for others it is time consuming and inevitably disappointing once you’ve seen the unedited properties in the flesh. The proximity to the train line noise, overlooking by the huge development at the rear or the minuscule proportions of the property can leave even the die hard ...
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5 Major Tips For First-Time Home Buyers

Home transactions are usually one of the biggest purchases made in one’s lifetime. For first-time home buyers, we understand that the process can be nerve-racking, intense, confusing, and exciting at the same time. As a trusted Brisbane Conveyancing firm for over 30 years, our biggest advice for first-time buyers is not to take this process lightly. Regardless if you hire a conveyancing firm to help you or work on the transaction all by yourself, expect everything to go off-rails. This w...
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Is Your Conveyancing Fee Too Expensive?

We all know purchasing a new home is already expensive by itself. This excludes the additional cost of legal processing and paperwork required to complete the transaction. For over 30 years, our team already encountered hundreds of clients asking if their previous conveyancing is too expensive. Being a trusted Brisbane conveyancing firm is one of our advocacy, which is why we always try to answer with the most accurate information we could provide. But unfortunately, a simple yes or n...
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How to keep your mortgage interest rate down with an offset account

Watching your mortgage repayments go toward a mountain of interest can be depressing, but you can lower the interest you owe with an offset account. This exciting prospect can create significant changes to your home loan, however there are fees involved. Here is everything you need to know about an offset account to help you decide if it’s the right option for you. What is an offset account? An offset account is a savings or transaction account linked to your mortgage. The balance of your ...
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Why do You Need Informal Debt Arrangement with Creditors?

Debt can be one of the hardest things to get out of, especially if you are unable to meet repayments. That happens to most of us at some point and to get out of hot waters, it may be a decent idea to arrange an informal arrangement with the creditors, so that they can rest assured what they are owed will be recovered and the debtor can pay on easier terms. If you do not know how informal debt arrangements really work then here is an explanation that is fairly easy to understand. Sometimes th...
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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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