Buying off the plan can be a smart and affordable way to buy property. But with a looming oversupply of off-the-plan apartments, it also comes with potential risks.
Borrower requirements are diverse, so a feature that provides flexibility and choice for one mortgage holder may be an unnecessary cost to another.
It’s been a year of peaks and troughs for the Australian property market and today’s decision by the RBA to keep rates on hold at 1.50% is borne of a range of factors likely to shape the outcome of 2018.
Investment loans can be simple – like an owner-occupier mortgage, for example – or more complex, with features to help borrowers make effective use of tax and gearing.
There are a lot frustrated buyers out there, overwhelmed by selling agents’ tactics and sick of underquoting. Buyer’s agents exist to help these people.
You may assume that your lender uses their standard variable rate when figuring out your borrowing strength. This isn’t true. Instead, they’ll use an assessment rate to work out how much you can borrow.
It’s important to think about more than your home loan when buying a property. You also have to consider its susceptibility to natural disasters.
You could have all sorts of reasons for wanting to buy a second piece of real estate. However, you need to make sure you’re prepared before you commit your money towards a second property.
Choosing the right type of investment property involves much more than choosing the right home loan. There are several factors you must consider before coming to a decision.
Your real estate agent may appraise your property. However, this isn’t the same as the valuation a lender will carry out. Let’s look at the differences between the two.
A lot of people buy vacant land to build their own properties – but it can often be harder to access home loan products for vacant land.
Tenants have more demands than ever before. They want to ensure they receive as much as possible for the money they pay. As an investor, you’ll need to meet these demands if you want to increase how much you earn from rent payments.