Posted in repayments

When you decide to loan money to a family member, especially for something as significant as purchasing a property, it’s essential to formalise the agreement to avoid misunderstandings. A family loan agreement not only protects both parties but also ensures that the expectations around repayment are clear from the start.In this blog, we’ll walk you through how to write a family loan agreement and what elements to include to make sure it’s legally binding and beneficial for everyone invo...

In today's Australian property market, skyrocketing prices and tightening lending criteria have made homeownership feel like a distant dream for many. But what if you didn't have to go it alone? Co-ownership, an emerging trend in the real estate world, offers a solution that can make buying property more attainable, especially for first-time buyers.If you're considering co-ownership or simply want to explore your options further, book an appointment with FinancePath today. BOOK NOWWhat is C...

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...

If you’re concerned about how to best manage your money, struggling to cover your mortgage repayments and other living expenses, you’re not alone. To understand your options, BOOK NOW. Recent data shows that more Australian homeowners are facing mortgage stress than ever before. Here are some tips to help you better manage your finances and make your next mortgage repayment. 1) Create a Realistic Budget Understand your financial situation by creating a realistic budget t...