So, you’re thinking about taking another step on the property ladder and purchasing an investment property? Congrats, it’s time to celebrate! But before you do, we recommend doing some research to further understand your current position and what property investment means for you. Here are 5 questions to ask yourself before buying an investment property.…
Do you want to build your property investment portfolio, but unsure how to go about it? One option to consider is buying an investment property in your superannuation fund. Investing in property through your super is growing in popularity, but it’s important to understand how the process works. Here’s what you need to consider: First,…
If you applied for a home loan in the current financial environment, your lender would probably assess your application in the context of both your credit score and your credit history – on top of your income, assets, liabilities and living expenses. Your credit score is a number calculated by a credit-reporting agency, which compares…
As a home owner with a mortgage, chances are you’ve heard of the term ‘refinancing’. Refinancing involves reviewing your current mortgage, and changing to another lender with a cheaper interest rate or a loan that better suits your needs. Refinancing can also allow you to consolidate your debts or pay down your mortgage limit. Another…
So, you’re thinking of buying your first residential investment property? There are a few things to consider before making the move. Here are our top 10 tips for avoiding potential difficulties and ensuring success. Know your goal Understanding your financial objectives is key to finding the right investment property. The actual property itself is rarely…
by Dominic Cavagnino, Bluewealth Property A typical term used when talking Melbourne is gentrification, in some cases labeled as ‘trendification’. Gentrification is the blend of old and new and can be found in many suburbs within capital city inner rings. It has proven to be a primary driver for the transformation of certain suburbs away…
The amount you can borrow and the amount you should borrow are sometimes two very different things. Before you apply for a home loan, it makes sense to realistically assess your financial situation. Here’s how to do it. Understand your borrowing capacity Generally speaking, your borrowing capacity – what you can borrow – depends on…
Whether you’re a first time or seasoned investor, it’s often tricky to predict the next big location for buying an investment property. Even the experts sometimes get it wrong. There are a few things you can learn to look out for when considering where to invest. Here are a few quick tips : Ponder…
GOING, going, gone — Spring is traditionally the most popular time of year for auctions. If you’re putting your home under the hammer, here’s some top tips to make sure you get the best price possible. 1. Build those emotions. Emotionally charged buyers in a competitive auction are a winning formula for achieving a…