Most Australians, unless they’re born extraordinarily wealthy, have to spend years of their lives saving money before they’re finally ready to buy a house. This means drawing up a solid plan for making mortgage payments every month in perpetuity, as well as putting away a lot of funds just to make the down payment initially…. [Read More]
Are you considering constructing your own home from scratch?
Buying a house is an arduous task. In all likelihood, you’ll have to spend hours scouring the market for available real estate, then compete with dozens of other buyers who are all looking to buy in your neighbourhood too. Then if you do make an offer and it’s accepted, you’ll have to worry about paying… [Read More]
Purchasing additional property? Land tax might be a burden.
Some people work hard their whole lives just to afford one house. They accumulate wealth slowly and eventually have the cash saved up to make the down payment and pay off the mortgage to own a home. For other individuals, just one piece of property isn’t enough – they want more. There are many benefits… [Read More]
Considering property investment for your retirement? Know the pitfalls
As you go about saving money for your retirement, you have a lot of leeway with the cash you put away. You can put it in a savings account, or invest it in small-time purchases of stocks and bonds. Alternatively, though, you could put those investment dollars toward a bigger purchase. What about a house?… [Read More]
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