Peter Buss - Home Mortgage Services

24/11/2022

Sold Woodville, now to find new abode. More frustrating trying to buy than it was selling.

30/08/2020

Owner Occupied Home Loans. Sub 80% Lending Ratio. 2.29% pa fixed for 2 years with 100% Offset Account.

03/02/2018

How to buy a foreclosed home

How to buy a foreclosed home By Maera Tezuka 2 Feb 2018 SHARE If you are someone with a limited budget looking to dip their toes into the pool of real estate, whether you are planning to buy a home for yourself or are on the lookout for an investment opportunity, chances are you've considered buying...

02/02/2018

Should the big banks slash their home loan rates?

An industry body executive has called the latest out-of-cycle rate changes ‘unjustified’

02/02/2018

Now you can buy with a little help from your friends:

We all know that Australia's housing market is one of the least affordable in the world.

Housing affordability is affected by many factors including slow land releases and restrictive development regulations (both likely to persist for some time).

An increasing number of Australians are turning to co-ownership as a solution.

To discover some of the benefits (and how to avoid the pitfalls) from entering into a co-ownership arrangement, download my free guide - "You can buy with a little help from your friends"?.http://www.mortgageaustralia.com.au/email/files/buywithalittlehelpfromyourfriends.pdf

01/02/2018

Westpac Group unveils new borrowing terms for partner visas

Lending restrictions for applicants relying on incomes from secondary jobs will also be relaxed

31/01/2018

ACT retains top spot for home lending growth

Only Western Australia and the Northern territory recorded the weakest home lending growth, down significantly from their decade averages

30/01/2018

Many investors appear indifferent to sobering housing data

Two decades of profitable returns have dulled many to the possibility of a downturn

29/01/2018

Introducing 5 great reasons to invest in property today:

Do you sometimes listen to those seasoned property investors and wonder how they got started?

It's quite simple actually - they probably started with just one investment property.

Anyone can realise the dream of achieving your financial goals through property investment.

If you're not sure why you would want to get involved, here are the five best reasons:

1. Financial Independence

Now, more than ever, it's important to make sure you have steps in place if you want to live comfortably in your retirement. The retirement age seems to be increasing, and people are no longer able to rely on the aged pension as a sole source of income.

If you start now you can build a property investment portfolio that will provide you with financial independence - whatever that means to you.

For some people that means one investment property that provides a rental return. For others, it means building a veritable monopoly of investment properties in an apparent bid to conquer the universe.

2. Take control of your own investments

The great thing about investing in property is that you're completely in control of what you purchase, and you can take steps to ensure that you give yourself the best chance of achieving excellent capital growth or rental return figures.

The problem with investing in shares and superannuation is that you aren't able to control fluctuations in the market - your role is very passive.

3. Grow your portfolio as your equity increases

Once you start investing in property, it's sometimes difficult to stop. One investment starts to grow which allows you to purchase another, and before you know it you have a nice little collection of properties making money for you.

4. Capital Growth

If you choose wisely, you should be able to achieve strong capital growth on your investment properties. The key is to choose the right type of property in the right area. This might not be an area where you would choose to live - it just needs to be an area with lots of potential for growth.

5. Rental Income

If you hope to achieve a good rental income from your investment properties, you should purchase carefully, and keep your ideal tenant in mind. If you like the idea of renting to students, make sure you look in areas near a university or very near to public transport. If you would prefer to rent to a family, schools, shopping centres and parks might be more important.

But decide what's most important first: capital growth or rental return. You might not always get a great rental return in an area that has a high level of growth.

26/01/2018

How long does it take to receive money from a home sale?

Once you've entered settlement, it's natural to wonder how soon it will take to actually see the money from your newly sold home.

25/01/2018

Is your loan protected?

As a borrower, taking out a loan of any kind can be an overwhelming and complex process.

This isn't helped by all the different financial product naming conventions and acronyms that you will undoubtedly encounter.

An area that often causes confusion is the difference between lender's mortgage insurance and mortgage protection insurance...

So, who is protecting who?

To avoid a nasty suprise, please read our single page factsheet - Loan Insurance.http://www.mortgageaustralia.com.au/email/files/lendersmortgageinsurance.pdf