The Downside to Downsizing

The Downside to Downsizing

Unless you have been living in a cave the last few years you would have heard a lot of talk about tiny homes, minimalist living and mortgage free lifestyles. The key point of this subject is to create a simple living alternative to have a debt free lifestyle and enjoy...
Interest Rate Structures

Interest Rate Structures

In another article we covered different types of mortgage structures in relation to how the principal is structured and repaid. For this article we will discuss different types of interest structures and their impact on your loan. Fixed Rates A very popular interest...
Assemble Your Deposit

Assemble Your Deposit

One of the biggest hurdles to getting the home you want is having enough of a deposit to put down. Different lenders will require varying deposit amounts, and although it is possible to get by with a deposit as low as 5%, most lenders will require between 10 and 20%...
Buy now or save and buy later?

Buy now or save and buy later?

Since restrictions have been lifted, it is now possible to buy a house with as little as a 5% deposit (95% LVR). With this opportunity a question that comes up frequently is “should I buy now with a lower deposit or save up and buy later?” Although there...
Always Be Preparing

Always Be Preparing

Working in an industry full of acronyms, we thought we would make one of our own. A.B.P. =  Always Be Preparing. Maybe not so catchy, but the principal still applies. Setting a goal to buy a house is no different to training toward a running race. The only way to...