Author: S3E5i7_hjte3

Urgent maintenance is an unavoidable part of being a landlord, so having a buffer set aside will assist with any unexpected problems.   When renting out an investment property, having access to extra cash is vital for two reasons: to cover the costs of property maintenance, giving...

Insurance for something that can’t be seen or touched, such as income, may seem strange. But how is the mortgage repaid when it comes to illness or injury? When considering insurance, it’s common for people to pass it off as a pesky added fee involved in...

When selling one property and purchasing another simultaneously, the funds from the sale may not be available in time to use for the purchase deposit.  There are typically two options in this scenario: a bridging loan and a deposit bond.   Bridging loan   A bridging loan is a...

Whether you are buying land as an investment, for an immediate build or for a ‘one day I will build and live here’ dream, a vacant-land purchase can be funded by a range of mortgages.   If you are planning to build immediately, or in the near...

Whenever it makes financial sense to do so.   Heard about mortgage refinancing? In the past, people who took out a mortgage doggedly continued with it until they had repaid it. Today people refinance much more frequently. The average duration of an Australian home loan now is...

Due to the risk involved in business finance, strict guidelines are imposed, so securing a loan approval can be challenging. Here are a few mistakes to avoid to increase your chances of approval.   Not knowing your credit score Many consumers may not realise the significance of a...

In an attempt to curb the high competition of the Australian housing market that locked out many would-be first home buyers, the Australian Prudential Regulation Authority (APRA) in late 2014 signalled its intention to keep a close eye on a suite of concerns, including the...