Seven Tips to Avoid Property Investment & Mortgage Stress
By Paul Wilson There is no denying that through 2012 the property market went through a slump, but at least there are signs of fluctuations meaning some areas are in fact increasing in value. Indeed, Australian property prices, the realestate markets appear to be rebounding, which is good news for all but the most skeptical. Regardless, if you are like most seeking properties for sale you likely find yourself facing Investment stress or property fear. Given the previous markets, thisRead More
Your Income In Relation To Loan Applications
By Paul Wilson Looking to the future and financing property investment loans is a matter than needs to be given some consideration, especially for those self employed investors. The structure of qualifying for financing is something real estate investors need to consider. Many property investors are self employed people or people in a position where they can write back substantial expenses when lodging tax returns. To get a nice tax refund, something we all like, we actually reduce our incomeRead More
Property Investment Refinancing
Australia still has a strong hold on its economy and with our plentiful resources should remain in this position in the future. Housing is still struggling to keep up with demand and with this in mind property investors are assured of tenants for properties given each individuals need and affordability. This demand plays into the hands of property investors who want to buy and hold properties for a substantial period of time. Due to overseas occurrences the financial markets areRead More
Steps To Overcoming Mortgage Stress
I have wondering what to talk about today and it occurred to me that even though the GFC has long been gone there are still a lot of property investors left high and dry wondering what move to make next as the real estate market still seems to be very slow. It is not surprising that Australian investors wonder ‘where to next’. The banks seem to have taken it on themselves to set their own interest bar now soRead More
Financing Investment Properties
It was often thought that if you went into a bank today and had a look at their loan packages you would be able to take several weeks or months to compare them with other lending institutions and if you found the one that you wanted you could go back to the bank and get the same offer. Those days have gone! Nowadays banks are every bit as competitive as the large retail store in regards to their competitiveness withRead More
The Race That Stops A Nation
No not the race to buy investment property but: MELBOURNE CUP DAY As Australians know today is the day that comes to a standstill when the Melbourne Cup is on. It is a day when Melbourne goes wild and it is a day when many Australians who are not there wished that they were. But what else have we got going today? The RBA is having their usual monthly meeting to decide if there will be a change in interestRead More
Landlord Insurance for Property Investors
One very much overlooked area in property investing is the landlord insurance. Not only should this not be overlooked, but investors should realise the repercussions if they do not keep their properties insured. Mortgage insurance Although this article is not about mortgage insurance, it should be understood that lenders do not just give property owners willy nilly without also insuring their lending funds. During the financial crisis there was even talk that deposits were going to have to be inRead More