Archive for Education
Here’s an opportunity to learn about property investment
Posted by: | CommentsInvestor Finance in conjunction with Investor Property is conducting free information sessions on how to make money from property in the current market.
Coffs Harbour – Novotel Pacific Bay Resort 7.00 pm Thursday 1 October 2009
Maroochydore – The Sebel 7.00 pm Tuesday Tuesday 6 October 2009
Sydney – Crowne Plaza Paramatta 7.00 pm Wednesday 4 November
Check out the Investor Finance Website at www.investorfinance.com.au for other session locations and times.
FIS Equity
Posted by: | CommentsEQUITY is the term that is used to describe the proportion of the value of an asset that is owned by the borrower.
Asset Value - Debts secured by the property = EQUITY
eg property Value $400,000
Loan secured by property $250,000
Equity (what is yours) $150,000
UNLOCKING EQUITY
You may decide to access the equity in an existing property to provide for deposit and fees on a second property purchase. eg You may choose to unlock Read More→
(FIS) Finance Industry Speak
Posted by: | CommentsI am posting a series of articles to help people understand some of the Finance Industry jargon. The first of these was posted today. These posts will be prefaced by (FIS) and will be entered in a new page entitled Finance Dictionary. Anyone who has a term that they want clarification for is welcome to let me know and I’ll be happy to add it on request.
(FIS)Security Guarantee
Posted by: | CommentsIn relation to a home loan, a security guarantee is a commitment made by a person to the lender to provide added security when the value of the primary security property does not provide adequate support for the amount to be borrowed. Under certain circumstances, this may enable a borrower who has good servicing capacity but limited deposit funds to buy a home. Guarantor loans are not eligible for Lender’s Mortgage Insurance and therefore the Loan to Value Ratio (LVR) for fully documented loans may not exceed 80%.
eg assuming that the borrower has available funds for fees and charges only for a purchase of a property valued at $450,000. A security guarantor would need Read More→
When is the right time to buy?
Posted by: | CommentsWhen is the right time to invest?
I’d love to have a $ for every time I’ve heard someone say over the past 18 months, “I’m waiting to see what prices are going to do before I buy my next property”.
June lending statistics show that 30% of loans were for investment purposes, up from 24% in March. What does this suggest to you? To me that suggests that savvy investors have realised that now is the time.
FACT People who generate the most equity out of property generally act ahead of the herd. Interest rates are at 49 year lows; predictions are pointing towards rising house prices; available housing stocks continue to fall behind underlying demand.
What do you need to do to position yourself to take advantage of the current opportunity.
I’d love to help you assess your capacity for further investment.
