Money Archives - Focus Property Wealth

How to beat the urge to splurge

22 November 2017

Christmas is just over the horizon and decorations are already starting to appear at the local shops. It’s a time of year where it’s almost common practice to splurge so it is time for a Christmas budget ! Marketers are all working hard to encourage you to buy, buy, buy and you may have already…

What is the best time of the year to sell your home?

31 October 2017

When selling your home, your main objective is to get the best possible price. So when should you put it on the market? Does the time of year make a difference? The answer is that it depends on the property itself. The time of year can make a difference in some cases, however the location…

Is your Interest Only Loan the best for you?

06 October 2017

The last 12 months have seen a lot of changes to interest rates on home loans and investment loans and more recently interest only loans getting the regulators attention. Now is the time to review your loan to see if you can reduce your loan rate and perhaps even pay it down faster. What is…

5 Ways to pay your home loan off years earlier with no additional repayments!

14 August 2017

PART 1 - The Scenario. Have you ever wondered how some people seem to get ahead to pay their home loan down whilst others struggle from pay to pay and yet both generally have similar incomes? I see this a lot and then I am privileged to be able to drill down deeper into our…

Questions to ask about your home loan

30 July 2017

There’s a lot of benefits to using a mortgage broker and they can certainly help you speed up the process of property buying and your financial goals. A good mortgage broker can assist you in choosing the right home loan for your current and future needs as well as answering all your questions. Here’s some…

Retire early Live off your property portfolio! Let rent supply your income!

27 July 2017

We see these headings all the time in blogs and articles on property investment websites, but how do you actually retire early? How many properties do you need to own for it to be feasible to retire? What are the costs involved? And, does being leveraged up to your eyeballs work in your favour? (more…)

What Would you do?

29 November 2016

A client came to us needing some advice. They had one mortgage with a chunk of it paid down and were looking to use the accrued equity. They were not sure what they wanted to do, whether to renovate the alfresco area or put in a pool. Or, should they use the equity to buy…

Tips for saving a deposit in 4 simple steps.

See us for a financial assessment - This allows us to organise a loan pre-approval for you and determine exactly how much savings you need for your deposit. We also determine whether you are eligible for the First Homeowners Grant. Create a budget - this is key. Start with using a small notebook and, for…

Close to having your Mortgage Paid Off? What’s Next?

20 September 2016

Is your Mortgage Paid Off? or is the end nearly in sight , if so, what are your next steps? With our clients, it’s common at this time to take this opportunity to set new financial goals and to consider investing in property again using their equity. Here are some tips to utilise your property…

Finding your First Home Loan

03 August 2016

Is it time to take the leap and buy a home of your very own? Did you know we offer a free service as a part of obtaining your loan to research the market you are looking in. This information can be very valuable when looking to make your offer. We often hear from our…

Interest Rate cuts and what it means to you

15 June 2016

Interest Rate cuts and what it means to you This month the Reserve Bank has decided to keep interest rates on hold at the historic low rate of 1.75%. So what does this interest rate decision have on you and your finances as a homeowner? (more…)

Your Budget – Where you go wrong

19 May 2016

We all have some bad habits when it comes to money and your budget, but the good news is, you can change them. You can start by breaking lifelong patterns with a few simple strategies below: (more…)

To refinance or not refinance, that is the question!

04 May 2016

To refinance or not refinance, that is the question! Refinancing is when you pay out your existing loan and replace it with a new one. It’s pretty straightforward and when done correctly can save you thousands of dollars over the life of your loan. But is right for you? Should you refinance? We have…

Unlock Your Home’s Potential – How to leverage your equity and become a property investor!

27 April 2016

Unlock Your Home's Potential - How to leverage your equity and become a property investor! Equity is the amount of your property that you actually own, which you can calculate by taking the total value of the property and subtracting the outstanding amount of the home loan. The more you invest in your home, the…

I can’t afford it!

27 May 2014

I can't afford it! You are living in your house, enjoying your life. You’re constantly hearing about how important it is to create an investment portfolio to support you during your retirement. You’ve worked the same job for 15 years paying a little extra off your mortgage each week and you have a small nest…

First homebuyer to property investor – savvy goal setting will help you make the leap in 2016!

05 March 2013

First homebuyer to property investor – savvy goal setting will help you make the leap! We know that the key to successful property investment is savvy goal setting. It is what separates those who create significant personal wealth through property investment from those who don’t! A simple concept, when it comes to building a strong…