It’s not just about agreeing on a price when buying a property. The conditions of the offer are very important. They help protect both the buyer and the seller. Michael Sloan, from The Successful Investor, explains the finer points, so you don’t miss anything in...
Many of us make paying off our mortgage a priority. It’s the new Australian dream. But before making that last home loan repayment, use our checklist to make sure you’re prepared. Your end-of-mortgage checklist Reassess your home insurance.Review your title.Review your estate plan and will.Assess your personal insurance situation.Think...
Every homeowner loves the idea of becoming mortgage-free faster and paying less interest in the lead up to that landmark event. Fortunately, there are some easy steps you can take to get there sooner – whether you’ve just got your first home loan, want to...
Why go through the worry (and expense) of moving when you can turn your current place into your dream home? While renovations aren’t always stress-free (or cheap) there are some straightforward ways to finance your property’s facelift, so it suits your post-pandemic lifestyle. The type of...
Over recent years, a range of fintech challengers to Australia’s traditional banking sector, dominated by the four Big Banks, have emerged. Smaller, nimbler operators harnessing the power of new technology for financial transactions are disrupting the big banks, including peer-to-peer (P2P) lenders. What is peer-to-peer lending? Banking...
APRA hopes changing the rules around how banks assess the serviceability of home loans will cool rising household debt levels. The Australian Prudential Regulation Authority (APRA) has bumped up the serviceability buffer in response to concerns around overall household debts. In a letter to lenders explaining the...
By replacing your home loan with a new one, you could take advantage of a better deal. Even if you secured a competitive package when you first took out your home loan, it’s worth reviewing each yeari to make sure the interest rates, fees, features and terms...
Whether downsizing your home, relocating to a new city, modifying your existing property, or entering an independent or assisted living arrangement is on the cards, thinking ahead could create more certainty. When thinking about your retirement, financial and non-financial considerations will all play a part. Downsizing your...
One in five Australians is hoping to purchase a property in the next 12 months, while one in three existing homeowners wants to refinance to get a better deal. Record-low interest rates and a shift in people’s mindsets, post the outbreak of the COVID-19 pandemic, are...
Managing your money doesn’t have to be stressful. By breaking down your goals and establishing good habits you can work towards financial wellbeing. With one in four Australians reporting more financial stress after COVIDi, it’s no surprise many of us are concerned about the future. Between...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.