How to create your perfect backyard
How to create your perfect backyard Every wondered how to create your perfect backyard? You are not alone. Creating your perfect backyard is a journey that combines personal taste with the harmony of nature. It’s about creating an outdoor sanctuary that resonates with your lifestyle and brings you joy. Here’s how to curate your ideal […]
Guidelines for first time buyers
The very first step when entering your first home buying journey should be to speak to your local mortgage broker. They will assist you with all the points listed below and will in most cases come at no cost to you as brokers are paid by the lenders. Where to Go for a Guide: Government […]
Understanding Construction Home Loans
A construction home loan is designed for people who want to build their home rather than purchase an existing one. It features a unique payment structure where you borrow in stages as the construction progresses. Typically, the payment structure is based on the completion of five stages: Foundation: This includes levelling, plumbing, and waterproofing.Frame: This […]
Quick Tips to Find the Right Home Loan and Pay It Off Fast
Finding the right home loan and paying it off quickly can seem overwhelming, but an experienced broker can make it easier. Here’s a quick guide to help you. Common Home Loans: Principal and Interest Loans: Regular payments on the amount borrowed plus interest over 25-30 years. Interest-Only Loans: Payments cover just the interest; the principal […]
The Benefits of Home Loan Pre-Approval in Australia
A pre-approval is when a lender approves you for a home loan before you actually decide on a house to buy. It’s essentially a guarantee that you will be approved for a home loan if you decide to apply for it. By being proactive with a pre-approval, you reap a host of benefits that can […]
Financing Your Home Renovation: Smart Options for Aussie Homeowners
Whether it’s adding a pool for the summer heat or building a granny flat for gran, renovations can add both monetary and practical value to your home. However, these improvements come at a cost and can be quite expensive unless you have a large amount of cash on hand. Choosing the right finance option can […]
Why Wait if Variable Rates are Already Falling
It’s no secret that many Australians are eagerly anticipating a rate cut from the Reserve Bank of Australia (RBA). While this may make for a happy new year, February might seem a long way off—especially if you’re sweating on that rate cut (and remember, there are no guarantees). But here’s the good news: you may […]
Saving up to buy a home is a serious long-term process
If you want to become a homeowner in Australia today, it is not going to be cheap. Preparing to own a home is a long-term process. It involves assessing your finances honestly, mapping out a realistic budget and spending years making a genuine commitment to saving. Are you ready for that? If not, you may […]
Avoiding risky investment schemes when going into real estate
Investing in property can be a great way to bolster your wealth and leave a little something extra behind for your family. If you have some money saved up already, a great way to build upon it is to buy real estate, rent it out and collect payments over the years that should only increase […]
Saving as much as possible to make a deposit on a home
If you’re planning to buy a home, the golden rule is to save as much as possible to make a deposit. Nowadays, it’s more challenging than ever to do so. In Australia in recent years, we’ve witnessed a troubling pair of economic trends – the price of a house in many major metropolitan areas is […]