Your link to the diverse range of information that exists in the world of Property Investing
Finance can be offered in many forms: personal, commercial or business. When planning investment finances, the individual would consider the suitability to his or her needs to a range of financial products.
Financial planning is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans.
A variable rate for an investment property or home has an interest rate that generally goes up and down, according to the fluctuations in market rates.
A fixed rate home or investment loan gives you the ability to set your interest rate for a fixed period of time.
This may suit you if you want the reassurance of knowing exactly what your repayments will be and may give you the confidence to plan your budget accurately and plan your finances.
The role of Quantity Surveyors is to estimate the building cost. Each building can be divided into different parts, cost of each part can be estimated by adding cost of all parts.
A Quantity Surveyor provides the estimated depreciation report to property investors to Maximise Tax Depreciation on an investment property.
A line of credit can also be referred to as revolving credit. An LOC is a standing amount of money, similar to a loan, that a bank extends to a customer. A customer may draw upon the available line of credit, provided that the amount does not exceed the limit.
An interest-only loan is a loan in which, for a set term, the borrower pays only the interest on the principal balance, with the principal balance unchanged. However, interest-only mortgages do not last indefinitely, meaning that the mortgagor will need to pay off the principal of the loan eventually.
Bridging finance provides a service to customers who have sold their existing property, but not yet settled, and require finance for the deposit on a new property.
Guarantor support allows someone to help you secure a loan by mortgaging their own property as additional security for your home loan.
Property share allows you to pool your money with friends or family to buy your first home or enter the market as a property investor. Together with a friend, partner or relative you can borrow more funds than you would have been able to alone.
A Deposit Bond is an instrument that, by agreement with the vendor, can replace the need for a cash deposit. It is a convenient way of purchasing a property without the need to arrange a large cash deposit or immediately cashing in or selling an investment that may mature at some point in the future. The Deposit Bond is issued by an insurer to the vendor for all or part of the deposit required.
A construction loan is a type of home loan that is flexible, with funds only being drawn-down as your builder completes various stages of your property. Money is paid progressively at key points, e.g. initial flooring, putting up the framework, house lock-up stage and then on completion.
This progressive drawdown means you only pay interest on the money you're using for any particular stage. This lets you add to the value of your home as you build, and increase the equity you have available to finance the next stages.