What is in store for borrowers: Anyone with an interest only loan, whether on an investment property or their own home, a high level of debt against a property they own, or any investment loan will start to face climbing interest rates. The risk is obvious, many people have foolishly taken on too much debt, […]
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Finance for renovation; Property Finance Made Simple www.propertyfinancemadesimple.net.au
Ever wanted to know what is required from a finance perspective to renovate a property, structurally or non-structurally?
Following a recent review, the prudential regulator has today warned that many banks have fallen “well short of expectations” regarding portfolio controls for commercial property.
Simply put many fail to act in their working life to adequately provide for their retirement. Often it is these people (the majority) who are quick to jump on the bandwagon of hype about a property bubble in order to justify their own failures and in action during their life. Those in denial that property […]
Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars
A NEW breed of property investing in Australia is expanding into other money-making areas, including offshore.
Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars, is growing rapidly as investors search for ways to benefit from rising property prices.
Official interest rates are at historic lows and it seems unlikely that they are going to be increasing in the near future. Furthermore, don’t expect interest rates to return to historic average levels due to record high levels of household debt.
This is good news for first home buyers. If the Government paved the way for more supply, and the millennial generation was prepared to buy further out then this 3 pronged approach will assist. Let’s not forget that the Andrews Government is predominately useless and should be ousted and this step of abolishing stamp duty […]
Consider buying a property over Christmas instead of too much food, alcohol and unappreciated presents
I came across this article which I believe has a great deal of merit. A friend of my wife, single mother, said just yesterday that she had purchased many presents for her kids, and from experience she is far from being effective unfortunately. Why this time? She spent all her money on gifts for her […]
I came across this article, from Tyron Hyde, Washington Brown. I considered attending the auction, but no point. Tyron, arguably makes some good points below. I’d love to see the TV network try to prove otherwise.