Posted in Property Investment
Understanding property settlement: The final step in buying your new home.
Posted by Chris Collard
on 18 December 2024
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When buying a new home, the property settlement process is like crossing the finish line in a marathon. This crucial step is when you legally take ownership of the property, but it involves more than just paying the purchase price and receiving the keys.Settlement is a comprehensive procedure that includes several important tasks before you can start moving in.These steps might include:Conducting a final inspectionReviewing and signing transfer documentsRegistering the ownership transfer with...
Posted in:Property InvestmentHome loansFirst Home Buyerssettlement |
How parents can help their children enter the property market: A comprehensive guide.
Posted by Chris Collard
on 28 November 2024
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In today’s competitive property market, buying a home can feel like an impossible dream for many young Australians. Rising property prices and stricter lending conditions are making it harder for first-time buyers to break into the market. If you're a parent looking for ways to help your children on their journey to homeownership, this guide will walk you through various options—both financial and non-financial—to make the process easier.Book a call with us today to discuss personalised ...
Posted in:Property InvestmentPropertyproperty purchaseparentshome buyingchild |
How a potential rate cut could impact the housing market.
Posted by Chris Collard
on 13 November 2024
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With last week’s announcement, the Reserve Bank of Australia (RBA) decided to keep the cash rate at 4.35 percent. Now, all eyes are on when the first-rate cut might happen.Chris Collard, Director at FinancePath, believes that a future rate cut will make a big difference in boosting confidence among potential buyers. “While a rate cut would give existing borrowers some extra cash flow, the biggest effect would be on confidence for those thinking about buying—whether they’re looking for...
Posted in:Property InvestmentFirst Home BuyersRBAHomeownershipcash rate |
5 tips for choosing a property manager for your rental.
Posted by Chris Collard
on 24 October 2024
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Renting out your investment property can be a rewarding venture but managing it yourself can be overwhelming. Hiring a professional property manager can save you time and stress, ensuring your property is well-maintained and your returns are maximised.To explore your options, contact us today! We're here to assist you with any financing questions you may have.BOOK NOWHere are five essential tips for choosing the right property manager for your rental.1. Do your homeworkStart by researching pro...
Posted in:Property Investmentproperty purchaseRentsproperty manager |
Should I payoff my home loan or invest?
Posted by Chris Collard
on 21 August 2024
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To pay more off your home loan or invest in another property?Ultimately, it depends on your financial situation and long-term goals as to whether you funnel your funds into your home or an investment property.To understand more your options, book a chat with us today. BOOK NOWRead on to discover some key factors to consider before deciding what’s suitable for you.How much do you owe on your home?If you have a significant balance on your home loan, you may need to delay plans for a...
Posted in:Property InvestmentSuperannuationHome loansrepayments |