blog Archives - Page 2 of 3 - Focus Property Wealth

Building a new home? How to finance it

22 June 2017

There’s something thrilling about building your very own, brand spanking new home ! Perhaps it’s the knowledge that everything will be fresh and new, or the freedom that comes with being able to design the property to suit your own tastes and lifestyle needs. Always dreamed of having a lap pool? Why not! Like the…

3 Top Tips for Buying Your First Home

29 May 2017

You’ve budgeted hard, given up loads of smashed avocado brekkies, saved your deposit and are ready to buy your first home. High five! There’s nothing quite like finally getting a foothold on the property ladder and moving into your very own pad, but it does require planning and research. With our help, you’ll soon be…

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…

Busting the Housing Unaffordability Myth For many young first home owners, the Housing Unaffordability Myth says that they have no chance of buying any time soon – you just can’t afford it. But Focus Property Wealth know that for what it is – a myth. Now is a fantastic time to enter the property market,…

This last year has seen interest rates stay consistently low. What does that mean? Well, for Focus Property Wealth clients that took advantage of re-financing to a lower rate with us, it means they have saved thousands. (more…)

How to secure finance when buying off the plan apartments

02 November 2016

Buying off the plan apartments is a very different process to a normal property contract. We always recommend our clients to seek legal advice before signing a contract but here are some key tips and considerations about the process of buying off the plan. Know your deposit amount Buying a property off the plan usually…

Top things to do before moving house

03 October 2016

What you need to do before moving house, we’ve put together the top checklist of things to do before you move house: 1) Connect Utilities Disconnecting and connecting utilities take a few days if not a few weeks, and you don’t want to be charged for utilities you’re not using once you move. Internet, energy…

How to take the stress out of moving house

Take the stress out of moving house We all know moving house is one of the most stressful things we can do, however there are ways to plan and minimise stress before your move: 1) Budget First There are many costs associated with moving house so it’s important to budget these expenses so you’re not…

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…

Ways to Pay your way off to Mortgage Freedom

10 August 2016

It’s not uncommon for Australian’s to feel in over their heads when it comes to monthly mortgage repayments, eating up most of their hard earned income. There are solutions to getting ahead to pay off your mortgage sooner… here are our top tips: 1. Could you be making an extra months payment every year? Structuring…

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…

How to Choose the Right Home Loan

01 August 2016

As the finance industry gets more competitive and complex, it’s becoming increasingly difficult to choose the right home loan. There are different factors depending on your personal situation. Here’s a checklist to get you started in choosing the right home loan for you: 1. How much deposit do you have? Different lenders offer loans with different…

Is it time to refinance?

12 July 2016

Refinancing gives a homeowner access to a new mortgage replacing their existing one. The new mortgage may have a different mortgage rate, loan length and amount borrowed which in turn can reduce the monthly mortgage payment, make cash available to use for renovations for example among other things. is it time to Refinance? (more…)

5 types of homeowners that should consider refinancing

06 July 2016

DID YOU KNOW: The mortgage that was right for you years ago, could be costing you right now. Almost half of Australian home owners have never refinanced their mortgage, the results of a new survey by Aussie Home Loans has shown. Of the half of respondents who have refinanced, it happened, on average, more than…

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…)

Hidden costs you might not know with buying a home

31 May 2016

With so much information out there in the real estate market, many homebuyers don’t feel informed about the property purchase process and associated costs. When buying a home, it’s not just the property you need to pay for. (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…)

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

12 May 2016

Retire early! Live off your property portfolio! Let rent supply your income! We see these headings all the time in blogs and articles on property investment websites, but how do you actually make it happen? How many properties do you need to own for it to be feasible to retire? What are the costs involved?…

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…