Entries by IndigoFinance

What are the extra costs of buying a home?

Application & establishment fees, stamp duty + more. When taking out a mortgage, many people forget to consider the associated fees and expenses. Here are some of the extra costs that you’ll need to consider when you take out a home loan. Home loan application fees Most lenders charge a home loan application fee. This can […]

Rental yields – what you need to know

Rental yield – essentially the rate of rental income returned against the costs of an investment property is a great indicator of a property’s investment potential. But you need to keep things in perspective when you factor it into your decision to purchase property. Calculating rental yield A good first step in examining rental yield’s […]

How to negotiate the best property price

Negotiating the best property price isn’t a matter of swindling a seller. It’s about doing your homework, knowing what you want, knowing the market and making sensible offers. When you are buying property, getting the best price can mean the difference between being able to afford it and having to settle for second best. And, […]

What comes first: the property or the loan?

It’s easy to get carried away with the fun part of buying a property – looking at houses – but delaying the less compelling task of arranging finance will weaken your negotiating position on both the property and the loan. Looking for a property to purchase is an exciting time. Choices regarding location, size, number […]

How The ‘Best Interest Duty’ Can Help You Find The Best Home Loan

The Best Interest Duty (BID) for mortgage brokers came into effect 1 January 2021. The Best Interest Duty and related obligations ensure that you receive advice that meets your objectives, financial situation and needs, and that we act in your best interests when providing this advice. What does that really mean for you? In short, […]

What The Banks Can’t Offer – But We Can!

What a difference a year makes. After the turmoil of lockdowns and employment uncertainty around this time last year, things are looking up for many of our clients – in more ways than one! 26% of Australians say their families are now ‘better off’ financially than this time last year and some recent auction clearance […]

6 Ways First Home Buyers Could Buy Sooner

The dream of home ownership is a tough one for many Australians to fulfil. After all, Australia is one of the most expensive countries to live in. But it’s not just the cost of living and property pricing that delays our property buying. The road to home ownership can be a long and winding one […]

How Healthy Are Your Finances?

Your 5 step financial health check Many of us have faced financial challenges over the past year and as a result some may have asked themselves “how could I have better prepared for a financial emergency?” Here are five easy steps to help take control of your finances and prepare for an emergency: 1. CREATE […]

From Survive to Thrive

Well, 2020 was a year we will never forget. Many of us endured personal and financial challenges that forced us to adjust our lifestyle and priorities – some significantly and some for the better! While we adapt to a new COVID-normal, life should prove to be more stable and positive this year. We can use […]

How to avoid paying too much for a home!

Knowing what a property is worth is central to avoiding paying too much for it. Set a benchmark Comparing nearby properties that have sold recently is the best way to assess an acceptable price for the property you are looking at and provides a valuable bargaining tool when you are negotiating with a seller or […]