Finance
Who Decides The Size Of Your Mortgage?
You or the Broker? A Larger Mortgage Means More Broker Commission Well the typical mortgage broker gets over 0.5% of the initial value of your mortgage and a trailing commission of around 0.15%. With a typical 30 year mortgage having…
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Tax, Timing and Red Tape
Guest post by Laura Costello What You Need to Know About Buying Investment Properties in Australia Buying an investment property is one of Australia’s popular long-term forms of investment. However, many people become overwhelmed by the process, or are…
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Ghost Houses 2017
Walking around my local area I came across this abandoned partially built house. . . . . . and next door this abandoned 3 house development. They are reminders that things can go wrong, and if you are over committed…
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Are You Prepared For Interest Rate Rises
Interest Rates are Going Up! Don’t know when but they haven’t gone up for 4 years so it isn’t going to last much longer! How Much? Well the real answer is no one knows, but some of the financial wizz…
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Will You Be A First Home Buyer In Perth?
Sponsored by First Home Owners Centre The Department Of Finance has released good news if you are considering becoming a first home buyer, in Perth or anywhere in Western Australia. Changes in 2013-2014 The adjustment announced last year, in the…
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New House Insurance
Your builder has given you a handover date . . . so you need to organise property insurance to start on that day. How Much House Insurance Will You Need ? Well you have only just finished building so isn’t the price…
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New House Guarantees and Warranties
I’m always a bit suspicious of guarantees and warranties! In my opinion most Guarantees are really just a piece of paper that explains how the Guarantor will fulfill their legal liabilities. (In some cases they explain a process which is less than fulfilling…
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Taking a Mortgage Repayment Holiday
Taking a Mortgage Repayment Holiday Have you hit trouble keeping up with your new home mortgage payments? Even the most careful planners can face financial trouble when something unexpected occurs. The good news is that you may be able to qualify…
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Lenders Mortgage Insurance
One financial cost that some people don’t factor into their calculations when buying a new home is Lenders Mortgage Insurance. What is Mortgage Lenders Insurance? This is a cost you will have to pay if you haven’t got a 20%…
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Investment Property or New Home
Guest post by Callum Scott of Scott Finance Are you building for yourself? . . . or will it be a rental property? Over the last part of the 20th century home ownership has been around 70% but has now slipped to 67.5%….
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