Recently one of our contributors took the first step towards buying his first home and requested an information pack from a mortgage broker. After quite a pleasant conversation, our contributor was informed that he would be required to fill out quite a few forms in order to assess whether or not they could be pre-approved for a home loan.
What happened next was quite unexpected for our first-timer, he was required to disclose pretty much every piece of his financial history. What we thought was to outline some of the key things that he didn’t have handy that he had to dig out in order to apply correctly. [click to continue…]
by Ben on February 9, 2010
Guess what everyone! Do you want to live rent free for a year in a house filled with cutting edge technology? Do you want to be paid as well to share your experience with Australia? Well have we got news for you! SMH reported that Energy Australia is running a competition where the prize is exactly that! Can you believe it?
All you have to do is visit the Energy Australia website, register and fill out the form and away you go. We have put the link below:
Register to Enter the Energy Australia Smart Home Competition
[click to continue…]
by Ben on February 7, 2010
This is an interesting question that arises many a time when first home buyers look to get a property. For those of us young (lets say early twenties and up) that are still living at home and single (or not at that point in a relationship to pool money into a house deposit with our current partner), there are a few options and possible outcomes to the above question. You could choose to spend the extra time at home or single and get the investment property and start getting a rental return and your foot into the property door. Or you could jump straight into it and get the home that you wanting and move in after the settlement. We will outline the pros and cons as we always do and leave it up to you to make the decision. [click to continue…]
