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Financing
Many overseas investors are very keen to look at Australian properties for sale on the internet. Very few seem to want to get their mortgage financing in place before looking. And yet the correct Australian property loan can often make or break the investment. In fact, some investors spend weeks, even months looking for the "right" Australian property, find it, then lose the property as they were unable to move quickly enough to ecure it. Beciuase they did not get their financing in place in advance. Furthermore, the wrong property loan can cost investors thousands of dollars. In this section, we have many tips and articles to help you get the right loan for your requirements in Australia. Members have access to all these and many more. BEST OF ALL THOUGH: ARE you a NON RESIDENT, that is, DO YOU LIVE OUTSIDE OF AUSTRALIA? (and wish to buy Australian property?) THEN YOU MAY NOT NEED TO PAY, 7,8, OR 9% interest on your Mortgages any more! Get a loan at 3% interest(or even less!) (If you are not yet a subscriber, please visit the Subscription Information page, so you can see all the additional benefits and reports our members get exclusive access to)Mortgage regulations have changed significantly over the last few years, making your options wider than ever. Subtle changes in the way you approach mortgage shopping, and even small differences in the way you structure your mortgage, can cost or save you literally thousands of dollars and years of expense. Rapid Loan Approvals: One of the latest innovations in the mortgage industry is the advent of computerized loan approval. These programs provide both rapid loan approval and more uniform loan approval practices. This type of approval is done by scoring a borrower's credit worthiness which quantifies the risk they will default on the loan. Does your mortgage broker use such a program? Affordable Mortgages Which Don't Verify Income: These loans are perfect for those people who are self employed, real estate investors, retired persons and anyone who doesn't want to have to prove their income. Get the Right Information - Whether you are just about to buy your first Australian home, or are planning to make a move in a year or so, it is critical that you be informed about the factors involved. Overseas people are pondering whether they can buy in Australia, and if they will qualify for a mortgage loan. By taking these few minutes to acquaint yourself with the reports and articles in this section, you will greatly increase the chances of having your mortgage loan approved and getting that property you may have only dreamed about previously!
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What is Negative Gearing?
>‘Negative gearing’ is one of the most frequently discussed concepts amongst investors in Australian Property, but how many of them actually understand it? Knowing how and when to use negative gearing can open the door to some huge advantages, especially for offshore investors. . . . keep reading
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Avoid 4 Critical Mortgage Mistakes
Many people make profitable residential investments. These are the people who know and understand a few of the experts tricks, and a few of the common mistakes to avoid. Having the right loan can dramatically affect the risk associated with an investment. . . . keep reading
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When is borrowing bad?
When is borrowing bad? Using OPM (Other Peoples Money)is considered to be bad when the money is used to purchase items that decrease in value. The most common examples are borrowing to buy thin . . . keep reading
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Interest Rate updates
Updated November 5, 2008 Interest rates could be slashed further, following yesterday's move by the Reserve Bank to cut interest rates by three quarters of a percentage point. . . . keep reading
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Joint Loans Are Possible
Australian Mortgage Info
With prices rising in the major capital cities in Australia, many people have started enquiring as the possibility to get a "joint loan" with other friends or family, or business partners. This is . . . keep reading
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5 Point Plan to Get Cash Fast!
Australian Mortgage Info
A 5 Point Plan: How to Get The Cash You Need Fast! "...by using your mortgage to your advantage in a cash flow or shortage situation..." A Traditional Refinance The initial . . . keep reading
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Small Business How To Get More New Customers Or Clients In One Month Than You Now Get All Year
The "Small Business "BIG" profits" best selling course is NOW available!
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Just Released!
NEW!
"The Foreign Buyers Complete Guide to Buying in Australia" Updated for 2009.
Now available as an E-Book. Just released! |
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