Is Your Builder Legit?

personOtto Dargan access_timeApril 18, 2018

What every home builder should know It’s easy to get swept up in flashy pamphlets and portfolios that building companies market to would-be buyers. After all, you’re building your dream home. However, there are a few simple steps you should take when choosing...

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Major Deposit Bond Provider Collapses

personOtto Dargan access_timeApril 10, 2018

Avoid missing out on buying a property One of Australia’s largest deposit bond providers, Deposit Power, collapsed in March, leaving many borrowers in property purchase limbo. There is no telling how much of the original deposit guarantee will be paid to homebuyers...

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Genuine Savings Changes Huge Win For Home Buyers

personOtto Dargan access_timeMarch 22, 2018

One of the biggest barriers to buying a home is saving the deposit but recent changes to lending policies means it’s now easier to get a home loan if you don’t have genuine savings. That’s because Genworth, Australia’s largest Lenders Mortgage Insurance...

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NAB Moves Closer To Comprehensive Credit Reporting

personOtto Dargan access_timeFebruary 20, 2018

Borrowers will soon feel the power of positive credit reporting The National Australia Bank (NAB) is the first major Australian bank to begin using comprehensive credit reporting (CCR) but not just yet for home loan applications. Its system will be implemented for personal...

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What Borrowers Need To Know In 2018

personOtto Dargan access_timeFebruary 8, 2018

The crash hasn’t happened but it’s not all smooth sailing Despite the media hype fueling the fear, all signs are pointing to a soft landing for Sydney and Melbourne real estate and other capital cities look set to follow. That’s great news for Australian homeowners...

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First Home Super Saver Scheme Passes Senate

personOtto Dargan access_timeDecember 7, 2017

The First Home Super Saver Scheme (FHSSS) yesterday passed the Australian senate, allowing first home buyers to boost their deposit saving by up to $30,000 or $60,000 for couples. From 1 July 2018, the scheme will allow you to withdraw voluntary super contributions (capped)...

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Even Homeowners Think House Prices Are “unfair”

personOtto Dargan access_timeDecember 6, 2017

More than ever, Australians are relying solely on future home prices for their financial stability and, in a surprise twist, property owners say they would benefit from lower house prices. That’s according to an ME Bank survey, which showed that 43 percent of respondents...

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Funny Street Names Answer To Affordable Housing?

personOtto Dargan access_timeNovember 28, 2017

Are you a first home buyer trying to crack the real estate market? A study by a group of high school girls may have cracked the answer to affordable housing: find the streets with the silliest names and you could save up to $140,000. You’ll get teased butt save a fortune Let’s...

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Mum And Dad Have Lent $65b To Their Kids

personOtto Dargan access_timeSeptember 7, 2017

Around 30% of first home buyers using the “Bank of Mum and Dad” Outside of the top 4 banks, your mum and dad are the biggest lenders in Australia. It’s true! According to a new survey from comparison website Mozo, more parents than ever are helping their...

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Major Lender Stops Investment Loans

personOtto Dargan access_timeSeptember 1, 2017

Should investors be afraid? One of Australia’s largest non-banks, Heritage Bank, announced today that it would no longer be accepting new investment loan applications, effective immediately. So what does it mean if you already have an investment loan with Heritage? Will...

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