Is property investment not exclusively for high income earners or the wealthy?
Property is one of the most popular investments in Australia for the average as well as the high income groups. With the assistance of a qualified finance professional, you can reach the right sources of loans to invest in a property. It is not how much you earn, that matters but how you use your earnings, is important.
Why invest in property as against shares or term deposits?
Property is the investment of choice around the world, due to its potential in providing both rental income and capital growth, along with a relatively low level of risk. Property is considered as the most effective inflation-proofing strategy that offers owners a good means to preserve wealth and investors to create wealth.
What is Equity?
Equity is the difference between current value of a property and the balance of any mortgages secured upon it.
What is Refinancing?
It is the process of converting the equity built up in a property into cash without having to sell the property. In simpler terms, it implies borrowing against notional wealth.
What do the terms Positive and Negative Gearing imply?
Positive gearing is the situation when the income generated by a property exceeds the cost of owning that property. A capital gain tax is applicable in this case.
Negative gearing occurs when the Cost of owning a property exceeds the income generated by that property. This situation can allow for a tax deduction.
What fees and charges are applicable while buying an investment property?
While buying a property you need to allow for establishment fees, government fees and stamp duty, solicitor costs. Instead of paying for these in cash, the funds can always be borrowed, helping you in timely purchase of the property. At We Find Finance, we connect you with the best sources in the market for your complete loan.
How can I find out more about your services?
We Find Finance is committed to helping its clients in finding the best finance and loan structure. You can reach us on our Toll Free number 1800-600-890.
Alternatively, you can send us your details through http://wefindfinance.com/index.html
If you are already serious about investing in property, we will also offer you a No Obligation Finance Assessment.
What is Lenders Mortgage Insurance?
Lenders Mortgage Insurance is the insurance that protects a lender in case a borrower defaults on the home loan. It is applicable only if the loan is a high risk to the bank or you borrow a high percentage of the value of your property. The Lenders Mortgage Insurance is paid as a one off insurance premium or fee when the loan is advanced and it does not impact the interest rate on loan.
I heard that lenders have tightened the qualifying requirements for loans since the Global Financial Crises. Is that true?
The qualifying requirements have been tightened since the GFC. However, statistics show that almost one in four mortgage applications are rejected due to poor preparation by the applicant. The home loan providers want to ensure that you can afford the home loan that you apply for. At We Find Finance, we do the hard work for you and ensure that you approach a lender with the right strategy and essential paper work. We find the best finance and loan structure for our clients and help them to understand debt reduction strategies to fast track their journey to gains from property investments.
Is there a charge for your Service?
We Find Finance does not charge its clients for the services offered in finding the best Investment Property Loans and Owner Occupied Loans. We offer these services for free because our fee is paid by the property sellers registered with us. We negotiate our charges to be paid out of the sellers marketing and advertising budget in exchange for a quicker turnover of genuine sales to our clients.
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