Buying a house is not something you do everyday, so it’s easy to lose yourself in worrying about what you might have forgotten to worry about…. if you know what I mean. At home loan comparison our mortgage brokers Sydney take the weight. Relax, we do do it everyday and we are here to help. […]
Author Archive | Rebecca Jarrett-Dalton
Understanding Lenders Mortgage Insurance (LMI)
By Rebecca Jarrett-Dalton on July 22, 2014 in Buying a home, Education resources, Home Loan, Mortgage brokers Sydney, Property investing
Ever heard of Lender’s Mortgage Insurance (LMI)? Baffled by just exactly what it does? Home loan comparison s mortgage brokers Sydney explain below. Basically, it’s insurance that you have to have (generally) if you’re borrowing more than 80% of the value of the home – and you pay for it, although it protects your lender […]
How to buy property in your Self Managed Super Fund (SMSF)
For many Aussies our superannuation is either set and forget (and believe me, forget is the right word, so many people I meet have multiple funds sitting forgotten and being eaten by fees) or we’re a little complacent because we don’t understand our investing options. Or retirement seems so far away we don’t give it […]
Is Mortgage insurance a rip off?
There’s an article in the news today (https://www.brokernews.com.au/news/breaking-news/consumers-ripped-off-by-lmi-greed-184580.aspx) that says LMI (lenders mortgage insurance) is a rip off – I don’t agree. It’s a tool, a cost of opportunity without which you cannot get into the market, let’s look at LMI: Lenders Mortgage Insurance is simply an insurance that is taken out by the lender […]
Conveyancing explained
By Rebecca Jarrett-Dalton on July 22, 2014 in Buying a home, Education resources, Property investing
If you are going through the property buying process for the first time, you may think that conveyancing is just another formality and expense that complicates the purchasing process. In fact, a good Conveyancer simplifies the process for you, explains the (sometimes complicated) legal requirements of buying a property and most importantly, protects your legal […]
Pest and building inspection, do I really need one?
By Rebecca Jarrett-Dalton on July 22, 2014 in Buying a home, Construction loans, Education resources, First home buyers, Home Loan, Property investing
You spend a lot of time and effort searching for the perfect property to buy. When you find the right one, it can be very exciting and you can even fall in love! Buying a property can be a very emotional decision, so it is important to get professional advice to ensure you remain sensible […]
Thinking about a granny flat extension?
In recent years, there has been an increase in the number of granny flats being built across the country. Traditionally, the granny flat was a great way of taking care of ageing parents, but these days the benefits are many, not least being a great way to add value to your home, or for adding […]
Comparison websites are no substitute for brokers
News article – Comparison sites are no substitute for brokers An article in the news today – Comparison sites are no substitute for brokers (https://www.brokernews.com.au/news/breaking-news/comparison-site-crackdown-no-substitute-for-brokers-185460.aspx) Hell yes! Sure, I run a comparison site – homeloancomparison.com.au – but its backed by real people, real brokers with professional skills in comparing loans because – rate isn’t everything!! […]
Valuers are not the same!
I could write a whole series on how you have almost no chance of getting the right loan by walking in the door of your local bank… in fact I think I will file this as part of a series – and this one would come under: “How you have almost no chance of getting […]
Saving your first deposit
Saving your first deposit The path to home ownership starts with saving for your first home deposit. For many, it requires a new attitude to financial responsibility and learning some new financial techniques to make your savings grow. Here’s some tips for making that lump sum grow quicker. Work out a budget Managing your money […]