On this episode of the Australian Property Podcast, Buyer’s Agent Pete Wargent and Mortgage Broker Chris Bates are answering some of your property questions.
The guys are covering everything from holding, selling, or renovating your property, types of home loans, how to work with property experts and how to find a target rental tenant.
On this episode:
Renovate, Sell, or Hold?
- What economic factors are impacting the housing market and how to make decisions regarding your assets
Types of loans – fixed vs variable
- What is better during the long term with rising rates?
- Can you make changes to your loan? what are the implications?
- How to offset accounts work?
Working with mortgage brokers
- What are the types of brokers you can work with and what to look for when deciding to work with a professional
- Preapproval 101
Finding a target rental tenant
- What sort of research you should be doing
- How to profile and suburb or an area
Off-market opportunities
- Is it worth hiring a buyer’s agent and what to consider when you’re staying within a budget
- Benefits of using a buyer’s agent and what they can really offer
How to determine what a ‘good asset’ is
- Established/new, location, scarcity, demographics, turnover
HEMs on your home loan application
- What are banks looking for to ensure you can afford your loan
