Building a budget is the act of combining your income and expenses so that you can decide how much money you are going to spend on one item, how much on another, and so on – before you spend the money. Creating a budget doesn’t mean that all of your problems are going to be […]
Late payments and loan defaults leave marks on a credit history that can complicate any effort to refinance or secure a loan in the future. Defaults can also lead to a home being repossessed and sold by the lender, so it’s very important to act quickly to avoid it. While late bill payments and a […]
Rising house prices are making it increasingly difficult to enter the market. Parents who guarantee their children’s loans can help, but it is important to understand how this can impact the parents’ retirement or investment plans. Being a guarantor generally means using the equity in your own property as security for your child’s home loan. […]
The preservation of working capital and taxation benefits are two big draw cards for businesses looking to finance staff vehicles. Companies the world over are often faced with the costly requirement for staff cars. However, with the number of financing options on the rise, many business owners are turning to funding these purchases rather than […]
A grand front entrance can create a bold first impression, while an outdated door can diminish an opportunity to impress. So how do you decide which doors are best throughout your house, considering safety, functionality and aesthetics? When you’re revamping your home or investment property, the right doors can make all the difference. The idea is to […]
Islamic law, or Shariah, requires that interest forms no part of any transaction, meaning that the vast majority of loan products available in Australia do not conform. Let’s forget for a moment that politics, religion and money are the big three no-go topics for polite conversation, and tackle all three at once. When the Financial […]
Pest inspections are an essential part of the home-buying process. The MFAA spoke to Justin Hammerschmidt, an Inspector at Sydney PrePurchase, about what pest inspectors are looking for and how to interpret their reports. Q What pest inspections need to be carried out prior to purchase? A pest inspection, officially known as a ‘Timber Pest […]
