Identifying a motivated sale property Sometimes an agent will tell you why the vendor is selling. Sometimes not. While not foolproof, here are five signals that you might be dealing with a motivated vendor: Shorter settlement terms In Victoria, it’s
There are a mixed messages coming from the property market at the moment. While it’s no surprise that real estate prices in Melbourne (and throughout much of Australia) have seen extraordinary gains in the past couple
Stamp Duty has come a long way from its 17th century Italian origins as a fee for processing a land sale and registering it with an actual stamp. Everything was done by hand and recorded on
With any luck, you’ll have already spoken to us at Mortgage Broker Melbourne to sort out your finances, pre-approval and spending limit. But if you’re not at that stage yet, it’s easy to forget that there are
In the wash-up from the banking royal commission that ran from 2017–2019 came a raft of regulatory changes. One change that affected the mortgage broker market was a new, legislated Best Interests Duty (BID). It’s been law
Mortgage Broker Melbourne is proud to announce our 300th Review! For more than 20 years, Mortgage Broker Melbourne has been helping their clients source and put together their home loans. In that time we have helped our clients
How access to cash can save you money Home loans come in many shapes and sizes, from simple low-interest loans, to fully-featured loans that offer more choice to borrowers. One of the most common options you have when
All Australian lenders are required to take your financial situation into account before offering you a loan. Your income, debt, savings and credit history are just some of the factors that will determine (a) whether you
A home loan mortgage is the biggest debt most people will ever have. And while 25- or 30-year loans are usually manageable – especially after the first few years where you may need to make sacrifices
It’s easy to think that property prices will just keep going up and up. And while there’s always the chance that a market ‘correction’ will see prices stabilise (or even drop) in the future, not even
Unless you’re really, really brave, you’ll need to engage with a conveyancer or solicitor when buying (and even selling) a property. Title and contracts, while usually fairly straightforward, can occasionally throw up unexpected surprises. If you
Choosing the right time to refinance can be tricky. With interest rates famously low, and not looking like they’re going to move up any time soon, many Australians with mortgages have already decided that the time
