26 June 2011 When is the Best Time to Buy Property
The old saying 'It's wise to buy your umbrella in sunny weather' really applies today.
Property
prices are on the move again, mainly due to the shortage of
rental properties available and the exceedingly high rental
returns.
So now is a great time to purchase your property before values increase.
24 June 2011 Housing in Sydney is Affordable
The
media will have you believe owning property in Sydney
is unaffordable and beyond the reach of many, particularly first home buyers.
To illustrate how out of touch these reports are, one of our
clients recently moved into his first home unit which he purchased
for $350,000.
It is a nice two-bedroom home unit only about a 5 minute walk to the railway station.
Purchasing
for $350,000 we organised a 95% loan, so the deposit was $17,500. We
obtained the First Home Owners Grant of $7,000 which further
brought the deposit down to $10,500. Add $1,500 for legal
fees & searches etc, meant he only needed $12,000 of his own money to purchase his first property in Sydney!
18 June 2011 We Make Interest Rates Affordable
All
of our lenders are competing for your business by
offering us low interest rates and as a example, a couple enquired
if we could provide them with a loan which would reduce their
repayments, as they were paying $3,240 every month:
| Loan Amount |
| Monthly Repayments | Home Loan | 180,000 | | 1,480 | Husband's Car Loan | 35,000 | | 770 | Husband's Credit Card | 7,000 | | 230 | Wife's Credit Card | 8,000 | | 260 | Business Loan | 20,000 | | 500 |
| $250,000 |
| $3,240 |
We refinanced all their above loans into the one loan and they are now only paying $1,680 per month, which is saving our clients $18,720 annually. So call us and we will show you how to save money!
15 June 2011 Home Valuation Guide
Click on this link for an 'easy to use' valuation guide.
www.homepriceguide.com.au/snapshot/index.cfm?source=ninemsn
10 June 2011 Sharing in the purchase of a property
There
is a great webpage for people wanting to purchase property which might
be out of their reach. If you want to co-puirchase of property, go to
www.Co-BuyWithMe.com The site connects you with people looking for someone to share in the purchase.
7 June 2011 Interest Rates Remain on Hold
The Reserve Bank just announced interest rates will remain on hold.
Give
us a call if interest rates are affecting you, as we have a number of
loans which could save you thousands of dollars every year. |
