Tag Archives | Mortgage Brokers

Where There’s A Will – There’s A Way!

Is it now ‘business as usual’ in America for the ‘liar loans’ i.e. sub prime mortgages? These mortgages were responsible for the global financial crisis that crashed financial markets around the world and left thousands of people homeless and jobless in America and other countries.

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Shoring Up The Right Home Loan

Homebuyers are getting a look in now property values have dropped in the Auckland region however shoring up the right loan is no easy task. It’s a minefield out there for home owners who need the right loan structure to benefit from the lower property values. Negotiating the ins and outs of a property mortgage takes time …

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How Safe is it to Borrow from a Non-Bank Lender?

When borrowing from a Bank or non Bank lender, who receives the money? The answer is obvious – the Borrower does.

So as that’s the case, then the Lender (regardless of whether its a Bank or non Bank) has the risk and not the Borrower.Interestingly here in NZ many people think borrowing from a non Bank source can be risky.

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Kiwi News for November 2013

Interest Rate Outlook – It is far too early to tell the impact the Reserve Bank’s lending restrictions have had on our market but our “gut” suggests that new lending and therefore activity has taken quite a hit in October, however it will take a full 6 months before the true impact is known.

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Choose a Qualifed Adviser

Westpac have entered the Welcome Home Loan (WHL) market, the first of the majors to do so. As we come out of recession and the Banks gain more confidence in the property sector others should follow. Housing New Zealand have the final say with any WHL, so it doesn’t matter which Bank provides the funds,

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renovations

Renovation – Costs Involved

When renovating a property for an investment gain you need to consider many factors to ensure you will get a return on your investment. Some factors include choosing the right materials and how much renovation to do – will it be cosmetic or structural.

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What is a Deposit Bond

A Deposit Bond is a guarantee of payment and these Bonds are underwritten by insurance organizations. A deposit bond can be used instead of cash when settling a property, normally once a contract to purchase is signed a 10% cash deposit is made by the purchaser, the deposit bond is a substitute for the cash.

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