Before you buy a property, make sure you can sell it.
BY EYNAS BRODIE
Location, transport, schools, shops, hospitals, roads – the list of things th at m
ake a property worth buying is long. But there’s often one thing missing from the checklist of many buyers, and that is ‘saleability’.
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My personal experience with refinancing a couple of investment loans has given me a clearer understanding of why borrowers often put this in the ‘too hard’ basket.
BY EYNAS BRODIE
There’s been a lot of talk recently about borrowers fleeing the ‘big four’ banks to chase a better deal elsewhere, especially after all four jacked up interest rates by more than the Reserve Bank of Australia in November.
With each of them reporting billion-dollar profits this year, it’s little wonder consumers saw red. Read more →