Buying a Home
We can help walk you through everything you need to know about buying your first home, relocating, up sizing or downsizing.
Buying your first home or relocating might seem like a daunting experience, but as long as you have all your ducks lined up and you are prepared, it can be a smooth and fun process.
Before you begin your house hunt, consider things like location, your budget and what you can comfortably afford. Making sure you have considered all these things can make the process smoother and more enjoyable.
Knowing your limits on monthly repayments and deposits can help make the decision on purchase price and geographic area a lot more precise and narrow down options which can often seem daunting at the start. Once this has been decided, the next stage is to obtain a pre-approval, so you can start your ‘active’ house hunt.
When a property is found there is a whole bunch of other things you need to do. Contracts need to be read by a solicitor or conveyancer, valuations required by the bank, building and pest inspections completed etc. but this is where I can help make sure all the ‘ducks are in a row’ to make the process run smooth and as quickly as possible so you can secure the home of your dreams.
Purchasing an Investment Property
Some information on purchasing your first investment property or adding to your portfolio.
There are a few things you need to do when looking to enter the investment market. Speaking to your accountant or financial advisor is wise to make sure this path is the best for you.
Understanding the responsibilities of property investment and covering off all related items such as ongoing management of the property, tenants, maintenance, and relevant insurances need to be considered before diving in.
Researching suitable areas for best property return is imperative and remember this is not a property you are intending to live in, so you need to look at this purchase as a business decision and try to leave some emotion out of the transaction, unless the long-term plan is to live in it.
Look at geographical locations carefully, checking local infrastructure such as proximity to bus routes, train stations, shops and schools are all sure-fire ways of making sure your investment is successful.
Setting your budget and ensuring you are not stretching yourself too far is critical. If the property is untenanted for a period or renovations are required, you don’t want to find yourself in a financial dilemma.
Renovating your home or investment property
Home loans for renovations.
Adding value to your property is always a high priority for homeowners. The quickest way to do that is through renovation whether it be minor cosmetic or major structural changes.
Borrowing the funds to do renovations may be the better option than using your savings as there are lots of borrowing options to consider.
Funds can be raised from taking out a personal loan, taking out a new home loan or adding the amount to your existing home loan.
Whatever way you decide to raise the funds, if correctly done the return on investment not to mention enhanced enjoyment of your living space is well worth the effort and can be lots of fun!
Refinancing your home loan
Refinancing is done for several reasons, restructuring an old loan, looking to get a better rate, accessing built up equity or simply looking to consolidate a few debts to reduce interest payments.
Home loans for most of us are a long-term commitment and it’s important to understand the ins and outs of refinancing to make sure it’s the right option for you.
It’s important to know that there are different types of refinancing depending on your agenda:
- Looking for a lower rate to reduce your monthly repayment,
- Wanting to consolidate debts,
- Restructure or
- Looking to raise some cash/equity release from your property.
Refinancing is basically swapping your current loan for a new one, so it’s important to understand what you want to achieve and do your homework before proceeding, so you can maximise the benefit in doing so.
Car and Asset loans
Are you looking to buy a family car, upgrade to that sports car you have been dreaming about, or wanting finance pretty much anything!
Whatever the reason, most of us don’t have the cash for such a large purchase so a loan is the best way to get you behind the wheel of a new car, or anything for that matter.
There are a huge range of loans available. It’s wise to look at the options available, so you can choose wisely.
That’s where I can help. Don’t just accept the dealers offer, let me show you some other loan options and keep you in charge of your finances.
Unlike home loans, asset loans can be done within a day or two, so the process is super quick to get you in that new car, caravan, motorbike or anything that takes your fancy!!
Tell us About You
Whether you’re looking to buy, renovate or move, we’re here to help you along the way.