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11 months ago

Warren Bank Mortgage Broker Blog On Investment Property Overview

Investors in Baldivis and Other Developing Areas Looking out for A Desirable Cash Flow

Amongst easily the most common statements I receive when talking with clients arises by the end of our consulting session when they advise "Ah I wish I 'd have done that a lot earlier", and" I wish I 'd have seen you a great deal sooner". When trying to purchase property, it certainly does pay to seek the guidance of a mortgage broker, to give yourself the greatest chance to attain the cheapest rate possible.

Presently, we're experiencing the most affordable interest rates in Australia's history. Now, why wouldn't we be attempting to utilise that and get the most affordable possible interest rate we can to then enhance the cash flow that we will have to invest someplace else or to effectively decrease our debts on that investment to develop our cash flow again?

What I'm attempting to share is, don't wait. Go and see someone. The actual process is a lot easier than what you believe. With investment properties, they're actually cash flow driven though, they're effectively income-generating assets. So, it's getting on top of them and having it regularly reviewed. And from my previous blog, I speak about having the right person on your team and getting that person to regularly review your portfolio and getting you the best rate and getting you the very best position you possibly can to gain as much money you can out of your investment and getting a positive cash flow or getting as close to it as you possibly can.

So the next time you take a look at your financial position, and you are in a positive cash flow position planning to reduce extra debt or you can aim to invest that money elsewhere. So for investors, my advice is to act today, get the correct person on your team.

You can check out information here on Warren Bank Mortgage Broker

11 months ago

Warren Bank Baldivis Mortgage Broker - Ideas For Property Purchasers

My name is Warren Bank and I am a mortgage broker providing services for Baldivis and neighboring areas. I've just been asked to explore some crucial variables when you're acquiring a first house.

The very first thing is making sure you have a deposit. Most lenders are likelying going to require you to provide eight percent deposit. You can get away with having a minimum required of five percent deposit, but it will reduce the banks that you can actually utilise. And if we use a government lender, we can have a two percent deposit. But be cautious, the interest rate on the government lender will be slightly greater than the actual lenders that you know of.

Preferably, try and keep the loan at four hundred and thirty thousand dollars. At this stage with the first homeowner rebate, any purchase under four hundred and thirty thousand, you will obtain a full stamp duty rebate, meaning you will not pay any stamp duty. And after that there's a tiered system between four hundred and thirty thousand and five hundred and thirty thousand. Any acquisitions over five hundred and thirty thousand, you will be billed one hundred percent stamp duty. So it's essential you try and stay inside that specification and, if in any way possible, stay under four thirty or below.

Obviously having a job is vital and then being in that job, as a stable job, can be important. Having said that, in some instances not essential-- if you've moved from one job to another and you're in the same sector, most banks will see kindly to that if you're not on a probationary period when you go to put in the application.

For first time home buyers (not just those utilsiing the assistance of a Baldivis mortgage broker), it's essential when purchasing a property that you're looking at developing areas. It's considering areas that don't have a hundred percent infrastructure yet and you're checking out an area that's likelying going to grow to allow you later on, not only to maybe turn this residence into an investment property and start building a portfolio, but also then if you're intending to sell that property, you'll get a much higher yield when you go to sell it and you'll have a bigger deposit when you go and buy or upgrade to your next property, whether that be your family home or the home of your dreams.

So, just to simplify what we're examining- we're looking at ensuring we have the called for deposit, whether that be eight percent, if you wish to use all lenders; five, if you can't quite reach eight there's certainly some lenders that will lend to you and a lot of first home buyers will use the government lender because they don't bill you lenders mortgage insurance. That is a whole conversation at a later date, regarding lenders mortgage insurance looks.

Then , ensuring that you've got stability in your workplace. Also when it come to your savings, it's best that you have at the very least three month's savings, shown over three months. Most lenders are going to require you to have shown you can save over that three-month period and you have managed to keep the funds in your account for 3 months.

As a mortgage broker, my purpose is to assist you to make the best buying decision achievable. I support Baldivis, Rockingham, Secret Harbour and neighboring areas. Despite what stage you are at in relating to securing finance or purchasing your first house, I 'd like to have a chat with you to ensure you are going down the ideal path. Call me on 0404 340 212 to book an appointment.

11 months ago

Warren Bank Baldivis Mortgage Broker - Tips For 1st Home Purchasers

My name is Warren Bank and I am a mortgage broker servicing Baldivis and nearby areas. I've just been asked to refer to some crucial elements when you're investing in a first home.

The first thing is to make sure you have a deposit. Most lenders are going to require you to possess eight percent deposit. You can get away with having a minimum of five percent deposit, but it will restrict the banks that you can effectively use. And if we use a government lender, we can have a two percent deposit. But be careful, the interest rate on the government lender will be relatively more than the actual lenders that you know of.

Ideally, try and keep the loan at four hundred and thirty thousand dollars. At this stage with the first homeowner rebate, any purchase under four hundred and thirty thousand, you will receive a full stamp duty rebate, meaning you will not pay any stamp duty. Then there's a tiered system between four hundred and thirty thousand and five hundred and thirty thousand. Any acquisitions over five hundred and thirty thousand, you will be billed one hundred percent stamp duty. So very important you try and stay inside that criterion and, if at all possible, stay under four thirty or below.

Obviously being employed is necessary and then being in that job, as a stable job, can be important. However, in some scenarios not essential-- if you've gone from one job to another and you're in the same sector, most banks will see kindly to that if you're not on a probationary period when you go to put in the application.

For very first time home buyers (not just those engaging the support services of a Baldivis mortgage broker), it's important when purchasing a property that you're considering developing areas. It's considering areas that don't have a hundred percent infrastructure yet and you're checking out an area that's likelying going to grow to allow you in the future, not only to maybe turn this house into an investment property and start building a portfolio, but also then if you're intending to sell that property, you'll get a much higher yield when you go to sell it and you'll have a much bigger deposit when you go and buy or upgrade to your next property, whether that be your family home or the home of your dreams.

Therefore, just to simplify what we're looking into- we're looking at making sure we have the called for deposit, whether that be eight percent, if you want to use all lenders; five, if you can't quite reach eight there's certainly some lenders that will lend to you and a lot of first home buyers will use the government lender because they don't charge you lenders mortgage insurance. That is a whole conversation at a later date, as far as lenders mortgage insurance looks.

Then afterwards , making certain that you've got stability in your workplace. Also with regard to your savings, it's best that you have at least three month's savings, shown over three months. Most lenders are wanting to require you to have shown you can save over that three-month period and you have had the ability to keep the funds in your account for three months.

As a mortgage broker, my purpose is to aid you to make the best buying decision possible. I support Baldivis, Rockingham, Secret Harbour and encompassing areas. Regardless of what stage you are at in relating to securing finance or purchasing your first house, I 'd like to have a chat with you to ensure you are going down the appropriate path. Call me on 0404 340 212 to book an appointment.

11 months ago

Warren Bank Mortgage Broker in Baldivis Here To Assist You To Make The Best Choice For Your Situation

Delivering options to clients residing in Baldivis, Rockingham, Secret Harbour and encompassing residential areas, Warren Bank from Loan Market is your local area mortgage broker ensuring you get the best deal possible. Warrens level of personal care is unrivalled within the finance sector.

No matter what stage of finance you find yourself, Warrens advice will ensure you proceed in the right direction and make the very best decision possible.

Warren simplifies the complexities for instance, interest rates, loan contracts, mortgage calculations, and government loan assistance, to name but a few. His streamlined approach guarantees you will understand exactly what is going on and achieve the very best deal possible.

Specialising in Baldivis, Rockingham, Secret Harbour and neighbouring areas, Warren is the mortgage broker who will do whatever it takes to give you the most stress free and personalised experience.

Contact Me As Per Below

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1 year ago

#HealthTalk: Tips for Squeezing in Fitness During the Holidays

By HealthTalk

Published Dec 7, 2015

Who: Denise Austin, renowned fitness expert and author

What: #HealthTalk Twitter Chat

Where: http://www.twubs.com/healthtalk

When: Wednesday, December 9 at 1 p.m. EST

Why: The holidays may be the most wonderful time of year, but theyre also Review On The Spiralizer In The Kitchen the busiest time. With all the parties, dinners, and social obligations taking over most of your time, it can be challenging to keep up with a workout routine. Fortunately, making time to exercise isnt too hard: Just 20 minutes of fitness on several days of the week is all you really need to stay in shape, relieve stress, and stay healthy all season long.

Learn more about our expert:

Denise AustinDenise Austin, a pioneer in the fitness industry, has sold more than 24 million exercise videos and DVDs, authored 12 books on health and fitness, and starred in the longest running fitness show in the history of television. Shes also a much-sought-after guest on TV shows, a motivational speaker, a recipient of the Womans Day Red Dress Award, and has graced the covers of dozens of magazines. Appointed by the president as a member of the Presidents Council on Physical Fitness and Sports, Austin has over 30 years of experience helping people lose weight and feel their best. Shes now taking her knowledge to the digital world as CEO of DeniseAustin.com, where shes designed a 10-week 360 Plan with handpicked workouts and recipes, weekly shopping lists, and motivational videos to keep you inspired each day.

http://www.everydayhealth.com/columns/healthtalk/healthtalk-tips-for-squeezing-in-fitness-during-the-holidays/

1 year ago

Chicken Chow Mein | Food Busker and Cook with Amber

What up peoples. I'm back at Camden with my main girl Alice - ahem, sorry I mean Amber - and we're cooking up the one of the nation's favourite Chinese takeaways: the one, the only Chicken Chow mine. That's right. Mine. Not yours.

What would you pay???

Check out Amber's channel here: https://www.youtube.com/user/CookWith...

Subscribe to my channel: http://www.youtube.com/foodbusker

Links to the videos:

Follow me on

Twitter http://www.twitter.com/JohnQuilter

Instagram http://www.instagram.com/foodbusker

Facebook http://www.instagram.com/foodbusker

Do you know where I can busk? Got any suggestion of an amazing food market near you. Let me know in the box Where To Buy The Spiralizer In The Home below.

For business enquiries: ftbusiness@freshone.tv

http://www.youtube.com/watch?v=iP199d0LguA

1 year ago

FOOD BUSKER NEEDS YOU!

GET INVOLVED, CLINK THE LINK BELOW:

https://www.seedrs.com/cru-kafe?promo...

Subscribe to my channel: http://www.youtube.com/foodbusker

Links to the videos:

Follow me on

Twitter http://www.twitter.com/JohnQuilter

Instagram http://www.instagram.com/foodbusker

Facebook https://www.facebook.com/foodbusking

Do you know where I can busk? Got any suggestion of an amazing food market near you. Let me Review On The Paderno Spiralizer In The Kitchen know in the box below.

For business enquiries: ftbusiness@freshone.tv

http://www.youtube.com/watch?v=tEbnHo3bbKI