Nobody gets to the top on their own: Don Bradman had his Invincibles; Ed Hilary had Sherpa Tenzing and Donald Trump had… Vladimir Putin (allegedly!). Life is too complicated to go it alone, especially in the world of finance. If you are looking to grow your...
Our big banks source between 30-40% of the money they lend from overseas sources, and over the past year the cost of this funding has risen. Around the world the flood of cheap money that followed in the wake of the Global Financial Crisis in an attempt to stimulate...
CoreLogic RP Data’s recent New Settlement Risk Report highlighted the flood of new apartments due to settle in the next two years in Sydney (81,696), Melbourne (80,503) and Brisbane (44,511), warning “Mortgage lenders have recently tightened their lending criteria;...
A. Accrued Depreciation – The total depreciation of a property over a period of time. Usually the difference between the replacement value at purchase and its present appraised value. Appeciation – An increase in a property’s value over time. Property can...
Re-Evaluate Your Mortgage How long has it been since you last had a good look at the details of your mortgage? Do you know where you are in terms of the progress you are making on paying it off, and importantly, is it still the best mortgage product to suit your...
DEFINITIONS JOINT TENANTS “Joint Tenants” – possess a right of survivorship, that is, the interest of a deceased joint tenant passes to the surviving joint tenant(s). This option is chosen in most cases by married or defacto couples when buying property....
