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What could go Wrong at Unconditional?

A couple of things that could go wrong once a contract proceeds unconditionally is the finance. The Finance may not have been in place so there might be a couple of special conditions that the bank imposes that the clients weren't aware of at the time. Examples could be, they require you to pay out of Visa cards prior to settlement just to bring ...

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Three Simple Tips to Keep a Good Credit Rating

Gaining and maintaining good credit is one of the most important things a person can do for themselves. Credit is something that is often confusing to people who are looking to start building their credit and a daily necessity to those that have an established history. Following the Global Financial Crisis (GFC), Australia is now using a system wh...

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Finance Talk with Look At Property

In this episode of Finance Talk, Look At Property, Ben Kingsley joins host, Des Dowling and Walter Dobrowolski from Walter Financial Solutions to talk about property finance. After 12 months, the RBA interest rate is still on hold at 2.5% but the common question remained: how long is this going to last? Many media commentary is now saying that t...

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New Finance Licensing Laws

In an effort to better regulate lending in this country the Federal Government introduced new legislation known as the National Consumer Credit Protection Amendment Act 2010.  This new legislation is designed to make borrowing money safer for consumers, through the implementation of new safeguards for borrowers.  Prior to this new legislation, ea...

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‘Time is Profit’

Last month I wrote about how timing of a purchase was not so critical if you have a long term view of your investment property and you bought in a sound location, such as a major city like Melbourne close the major employment centre. This month I am focusing on the message that time is profit when it comes to the capital growth measure for property...

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