THREE CHANGES BANKS ARE MAKING THAT WILL IMPACT YOUR LOAN APPLICATION

It has been very much in the news lately that APRA, the banking regulator, is forcing banks to make changes to the way they assess loan applications. These changes will have a big impact on whether or not your loan will be approved by a bank. Amongst the numerous changes there are three which will [Read more…]

FOUR MYTHS ABOUT NEGATIVE GEARING

Negative gearing or the process of claiming a tax deduction for losses incurred in renting out a property, is a hot topic in the news at the moment. A lot of what has been published about negative gearing in the mainstream press is misinformed. Here I am going identify some of the myths that are [Read more…]

If You Are Considering Refinancing Your Existing Home Loan then You Need to Know how Valuations Work

5 Rules for Refinancing your Home Loan

One of the most contentious areas in the property industry at the moment is the issue of valuations and what a property is really worth. If you are looking to either refinance your loan, increase your existing loan to get cash out or consolidate some debts then the issue of how much your property is [Read more…]

How to Deal with Real Estate Agents

One of the most intimidating aspects of looking for a new property to purchase is dealing with real estate agents.  A number of my clients have reported some very amusing and some very appalling stories of their dealings with a real estate agent when purchasing a home. Now this article is not to bag real [Read more…]

The New Credit Reporting Changes and what it means for you

The New Credit Reporting Changes and what it means for you As of 12 March this year significant changes have been made to the credit reporting system in Australia. This will impact anyone applying for a home loan. At present, when you make a loan application the first thing the bank does is to obtain [Read more…]

5 Rules for Refinancing your Home Loan

The real estate market is in an interesting phase at the moment. House prices are rising and interest rates are at a very low level. This means that many home owners with mortgages are thinking about refinancing their home loan to a new bank. There are many reasons why people contemplate refinancing their home loan. [Read more…]

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