Buying A New Home And Understanding Mortgages Part 2

April 5, 2009 By 3 Comments

How The Interest Adds Up While the financial aspect of everything can get a bit tricky then end result is that when you have a bank or mortgage company carrying your loan you will pay a lot more for your house in the long run. So the house that you … [Read more...]

Buying A New Home And Understanding Mortgages Part 1

April 4, 2009 By 4 Comments

Buying a new home is fun and exciting and it is easy to get caught up in the thrill of searching for a new home. But it is important to understand a little about how mortgages work so that you can be an educated and informed house hunter. This could … [Read more...]

Banks Insist On More Money Down

March 18, 2009 By 2 Comments

The Commonwealth Bank recently announced that home buyers will have to come up with at least 3% of the purchase price for a home as a down payment on their mortgage out of their own pocket. This would be in addition to any money that is received … [Read more...]

Legal Checklist For Buying A New Home Part 1

January 25, 2009 By 3 Comments

Owning real estate seems to be the dream of many Australians. When you own your own property you are free to do what you please with it. Unlike renting, home owners are able to renovate their home, paint it to suit their tastes, add an addition if … [Read more...]

Budgeting For Buying Real Estate – Part 4

January 6, 2009 By 1 Comment

In this series we have looked at how having a budget will make purchasing a new home a lot easier. By budgeting your expenses and income you will get a better idea of how much money you have coming in and going out. You will also be able to … [Read more...]

Home Loan Help For First Time Buyers

December 18, 2008 By 1 Comment

When many first time home buyers are looking to purchase their first home a big concern often centers on getting a home loan. Getting a home loan can seem daunting. There are so many forms to fill out and numbers that need to be calculated. There … [Read more...]

Tackling Mortgage Issues Part 5

December 14, 2008 By 1 Comment

In the last few installments we have looked at a few misconceptions regarding getting a home loan. In this final installment we will look into a couple additional pieces of information that can help make understanding the in and outs of mortgages a … [Read more...]

Tackling Mortgage Issues Part 4

December 13, 2008 By 2 Comments

In this installment we will continue to address common topics having to do with getting a mortgage for your new home. All Loans Need Some Cash Upfront Many people are under the false assumption that getting a loan for 100% of the purchase price of … [Read more...]

Tackling Mortgage Issues Part 3

December 11, 2008 By 2 Comments

When you are getting a mortgage loan it is important to have as much information as possible and to be prepared in every way that you can be. In light of that we will continue with our series on addressing common mortgage issues. A Fixed Rate Is … [Read more...]

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