If you dream of owning your own home or unit, it is imperative that you identify the sources for the finance for buying the house or unit. You might be have been savings for years to accumulate for fulfilling this dream; or you might want to dispose an existing asset with the intension of buying new property; or you might want to take up investment loans.
Getting A Investment Property LoansInvesting in real estate is generally considered a safe investment in the longer run. Unlike the equity and commodity markets that keep fluctuating on a daily basis, real estate provides returns greater than inflation and fluctuates at a far lower rate, unless in situations when an economic recession take hold. Investment Read more about Investment Property Loans[…]
The Method of Choosing Mortgage LendersTechnically a Mortgage lender is an institution which provides loans to people to purchase real estate. These institutions could be banks, credit unions, life insurance companies, trust companies that provides finance for buying land, houses and real estate. There could be thousands of mortgage lenders in your area varying from Read more about Choosing Mortgage Lenders[…]
There is the old question that comes up every now and then, – “Should I buy that studio apartment?”
Here is some of the “noise” that surrounds them-: “They won’t lend against small inner-city studio apartments, You won’t get approval if the floor size is less than 50 sqm, Student apartments are not an option, Some lenders won’t lend for apartments in large complexes, Hotel or motel conversions are no good, The location of the unit within the complex is important
Is Now The Time For Property Investment?There is speculation that the price of new homes is being pushed up by the government grants, which would be enough to convince many to wait until after June 30(when the grant supposedly runs out) when the prices could possibly reduce? A lot of buyers are weighing up whether Read more about Property Investment[…]