I am often asked, should I join forces with a friend or family member? Bringing another into the equation can increase your buying power or enable you to enter the property market sooner but there are
It’s a peril of house-hunting: getting carried away by your emotional response to a property, and forgetting to ask yourself the all-important practical questions. It’s best to go in armed with a checklist of to keep
Buying off the plan: four tips for a smooth purchase When you buy off the plan you can look forward to moving into a brand new place, all the while avoiding that pesky stamp duty. But it’s
When a house is passed in at an auction, a whole new phase starts. Here’s what it all means, and how to be prepared for the negotiations that follow. What does ‘passed in’ mean? At an auction, one
The way houses are bought and sold differs enormously around the world. In Australia, whether you’re buying a property in a private sale, off the plan or at a public auction, here are five steps to
Many savvy borrowers have home loans with an attached offset account. This simple strategy can mean big savings over the life of a loan, reducing interest payments and even tax. Here’s how it can work for
One of the most common ways to sell a property in Melbourne is by auction. When we sit down with a client who is looking to purchase though, we find many are intimidated by the auction
Saving for a deposit is more challenging now than ever before. The costs of living such as rent are very high, making it tough to squirrel away enough to cover even the minimum deposit a lender
In Melbourne there are 2 main ways to buy a property, private sale or auction. I covered auction tips in an earlier post so, today, I am going to look at the subtleties of the private
Yesterday the State Govt of Victoria passed legislation in the Senate to abolish stamp duty for first home buyers for purchase prices up to $600k. They have also significantly reduced the duty on purchase prices up
A recent study has shown the majority of first home buyers would consider putting their buying plans on hold if rates start rising. The margin was slim but nevertheless is an indication of future market direction,
Construction Loan Process – Typical house and land package general overview: Stage 1 – Pre approval Mortgage Broker Melbourne arranges a pre approval for the estimated total cost of the land + construction. This approval is not specific
