Tag Archives | Estate Agent Paddington

Good Broker = Great Mortgage

Good Broker = Great Mortgage Your mortgage broker can often get you a better mortgage. A quality mortgage broker can often obtain a better mortgage deal, ultimately giving you all the features and benefits that suit your lifestyle, as well as saving you thousands in interest over the long-term.

But be warned, not all mortgage brokers are created equally. Experience, quality products and advice together with a reputation for professionalism are key factors when selecting your broker.

When selecting a mortgage broker here are five essential questions to ask:

  1. How long have they been in the mortgage industry?
  2. What accreditations do they have?
  3. How long have they been with their current company? This can be an indication of how long they will stay around. Brokers that switch regularly often aren’t as good as they claim to be.
  4. How many lenders do they have access to? A broad range of lenders gives you greater flexibility and varied product choice.
  5. Which is their preferred product, and why?

Your mortgage broker should be asking about your needs and requirements before suggesting products and services. Each borrower’s needs are different. Therefore it makes sense that the broker should understand your position before making recommendations.

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LNP to cut red tape for home buyers and real estate industry

Hi,

Finally someone is prepared to simplify contracts for buyers, sellers and the real estate industry.  I would like to share with you a link to the article written by Jarrod Bleijie about LNP’s commitment to cutting red tape for home buyers and the real estate industry.

LNP to cut red tape for home buyers and real estate industry 

Let’s hope that this legislation comes in!

Regards,

Christina

 

Sourced from http://www.candoqld.com.au/news/attorney-general/lnp-to-cut-red-tape-for-home-buyers-and-real-estate-industry by Real Estate Excellence www.realestateexcellence.com.au

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Thinking about Property as Investment? – Just do it!

Everyone knows that property makes a great investment but jumping on the property investment ladder can be a daunting experience. Finding the right advisors, selecting the best property and securing tenants are major considerations all investors face.

Getting started is the key to building wealth in property. For many, property investment never makes it beyond the imagination. Inertia around acting or decision-making needs to be overcome.

Tips to get you started:

  • Find a group of like minded property investors.
  • Have the right mindset. Make sure you obtain a basic understanding of property investment and identify your goals.
  • Numbers are everything. Do the maths on each opportunity and stick to your plan. If the maths doesn’t work, find another opportunity.
  • Build a team of like-minded people around you. Develop relationships with agents, developers etc.
  • Take action. Without action property investment remains a dream.

If you are considering purchasing an investment property contact us we would love to help you select the right property for you.

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E is for Efficiency – E-conveyancing to Finally Cut the Red Tape…

E is for Efficiency – E-conveyancing to Finally Cut the Red Tape…Property settlements are set to become simpler and more efficient with a company recently appointed to design and build a national e-conveyancing platform.

Acting Treasurer Rachel Nolan said the appointment of Accenture by National E-Conveyancing Development Limited (NECDL) was an important step forward in cutting red tape and simplifying property settlement.

“NECDL is the company responsible for developing a national electronic system for property exchange, and is majority-owned and funded by the Queensland, Victoria, New South Wales and Western Australian governments,” Ms Nolan said.

“NECDL has also secured funding from the big four banks, who will become minority shareholders in the company.”

Ms Nolan said national e-conveyancing is a key project in the Council of Australian Governments’ agenda to create a seamless national economy.

“It will reduce the need for conveyancers, solicitors and bank staff to meet in one place to complete a property settlement,” she said.

“It will also help streamline the property settlement process, and cut the regulatory and administrative burden for government, business and communities.

“Home buyers also stand to benefit from reduced time and money spent on property coveyancing, and those in the industry will enjoy process efficiencies.

“The system will also deliver increased and enhanced client identity verification and checking processes – welcome improvements in light of a spike in real estate scams.

“The new system will be a big win for anyone who has ever experienced the complexities associated with property transactions.”

National e-conveyancing will commence in 2012 as NECDL will be working closely with key stakeholders in the coming months to determine their needs.

 

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Another Exciting New Listings for this Week!

Hi all,Another Exciting New Listings for this Week!

Check out our New Listings email, sent out every week which features interesting articles and the list of properties open for inspection. Contact us to check it out, you can always subscribe to receive it!

Thanks!

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