Entries by maddteam

How Long Does A Pre Approval Last

The timing linked to a property sale can be a stressful period, especially if it involves accessing finance – so how long does a pre approval last? Finance clauses in a contract of sale can be one of the biggest hurdles that stands between you and your dream home. Thankfully, obtaining the all important pre […]

First Home Super Saver Scheme Updates

With new updates for the First Home Super Saver Scheme coming into effect from July 1, it’s never been more important for first home buyers to stay in the loop. Although using superannuation to purchase property has been in the headlines in line with the upcoming election, it’s worth remembering that there’s more than one […]

Should You Wait To Buy Property?

In the world of real estate, timing is everything – but with rising interest rates and a predicted market crash, is waiting to buy property really a good idea? Unless you’ve been living under a rock, the property market has been dominating the headlines right around Australia. With a widely anticipated cash rate hike announced […]

Home Renovation Finance Explained

If you’re thinking about giving your property a facelift but are unsure on how to fund it, then exploring your options for home renovation finance is a must.  By its very definition, to renovate is to refresh, reinvigorate or restore. As such, the spectrum is huge when it comes to applying this term to property, […]

A Beginner’s Guide To Offset Accounts

What if we told you that there was a way to pay less on interest while still saving money? Needless to say, offset accounts can be worth their weight in gold.  With homeowners around the nation feeling nervous about rising interest rates, it’s only natural that many have started researching ways to pay less on […]

The Mortgage Broker Vs Bank Debate

While the ‘mortgage broker vs bank’ conundrum is an age-old debate that isn’t going away anytime soon, it’s important to understand their key differences.  Since purchasing a home is generally not an everyday purchase for the average Australian, obtaining finance is arguably the biggest hurdle that a prospective homeowner has to face. Unless the buyer […]

Six Hidden Costs For First Home Buyers

While getting your first abode is an expensive exercise for many first home buyers, did you know that there’s also a wide range of hidden costs to be wary of? As many homeowners already know, buying any property comes with an eclectic assortment of fees, applications, and warning signs. While any seasoned property baron knows […]

Get Ready For Changes To Interest Rates

Although interest rates are expected to finally rise sooner rather than later, it’s important to get organised now and ensure you’re ready for the changes. On average, Australian house prices experienced a whopping 22% increase over the course of  2021 – the strongest annual growth the nation has seen since 1989. Nevertheless, what goes up […]

How To Prepare Home Loan Documents

If you’re soon to be applying for a mortgage and are pondering what home loan documents will be requested of you, it’s important to get organised in advance.  Like any big ticket purchase, applying for a home loan usually requires a significant amount of paperwork – particularly if you actually want to get approved. From […]

Why House Prices Are Set To Drop

Depending on where you are in the property market, whispers of falling house prices will either fill you with joy or dread – but what’s triggering this change? While the past twelve months have not been so great for the average first home buyer, sellers have had extremely favourable conditions to work with. In 2021, […]

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