Do you know your interest rate?
Interest rates are a big factor in each repayment and the total cost over the life of a loan, so staying on top of your current rate, as well as the interest trends across the market, is essential.
Construction loans
Construction loans
If you’re thinking of building your own home, you’ll need to be familiar with the ins-and-outs of construction loans.
Construction loans are not as straightforward as standard home loans. There are additional decisions to be made about the structure of the loan, additional documentation is required, and the funding is released in an entirely different way.
Comparison rates
Capital gains tax
Beauty at a cost – renovating a heritage listed home
Beauty at a cost – renovating a heritage listed home
Seeped in cultural and historical significance, it’s understandable that there are restrictions when renovating a heritage listed home. While that’s not to say that you can’t make any changes, a little more legwork and creativity – and often cost – is often required.
Buying a property with family or friends
Can your profession save you on your home loan?
What comes first: The property or the loan?
Should you manage your investment property?
Is a family guarantee right for you?
Entering the property market is no easy feat for a first homebuyer, but even parents who aren’t prepared to hand over cash for a deposit may help by being a guarantor on a loan. Before taking the plunge however, it’s crucial to be aware of the implications involved. Here are three questions to ask yourself to see if a family guarantee is right for you.