Traditionally known as the buying season, Spring in Melbourne has once again found itself locked down for the second year in a row. The extended restrictions have grinded the Real Estate market to a holt with the banning of public auctions and in-person inspections. The impacts of these restrictions on the market have been substantial …Read More
Are you a certified and practicing Physiotherapist or Podiatrist and looking to get into the property market?
Did you know that some lenders offer discounts to this group of health professionals when it comes to borrowing money, specifically discounts on Lenders Mortgage Insurance!
This is very unique and some banks recognise the stability of these professions and …Read More
There’s an old saying that you should never judge a book by its cover, and this is true for houses – after all, who would buy one having never seen more than the front door? Open inspections are opportunities to really flick through the pages, and here’s how to take full advantage.
Really use your senses
Sniff, …Read More
Thinking of making an offer ‘subject to finance’? Here I explain what subject to finance means and when this offer may be used in the purchasing process.
What does ‘subject to finance’ mean?
Subject to finance means that the transaction will pend until the buyer’s finance has been approved by a lender. This is common when a …Read More
With many home loan options and products available to everyday consumers, it’s not uncommon to be confused as to which lender might be the perfect fit for you. With strong competition amongst banks, it is important to know that certain lenders may be more favourable to one’s given position as opposed to others.
How do I …Read More
Deciding when the right time is to buy property can be exceptionally overwhelming and challenging. In a world where information and social pressures are never too far away, the decision about when to buy is typically made more confusing and complex than what it really is. The extensive amount of information and influencing factors can …Read More
Since bottoming out in May 2019, Australia’s housing market has rebounded positively in the last 3 months. CoreLogic’s national home value index shows Australian housing prices have increased by 1.7% since May.
Australia’s two largest cities, Sydney and Melbourne, recorded a third consecutive month on month gain with cumulative rises of 3.3% and 3.2% respectively. We …Read More
Applying for a home loan to purchase a property almost always comes with the question of how much should be borrowed. It is important to know that although a bank is willing to lend you an amount of money, it may not necessarily be within your best interest to take on that amount. In the …Read More
For some, owning a home has been portrayed through various media channels as a bridge too far however you may be closer to owning a property than you think.
Here are the key factors to consider if you wish to take the next step on your property journey:
Stable employment status
Buying a home and being granted …Read More
Expecting a child whilst simultaneously applying for a home loan can be a tricky and confusing process to understand. The excitement of a new addition to any family brings challenging barriers in the eyes of lenders with several factors influencing the loan decision process. It is therefore important for applicants to be aware of certain …Read More