2022 Wrap Up, published Dec 15 2022

After about ten years of falling interest rates, and a year in 2021 of no change at all to the cash rate, 2022 delivered a completely new landscape for borrowers. The Reserve Bank started its cycle of rate rises in May.  Month after month, the cash rate rose, and lenders passed it on.  For many […]

What are the pros and con’s of investing in property?

Let’s get straight to it: Pros Income:  if your property is rented, you can earn an income Less volatile:  property values are often less volatile that shares or other investments Capital Growth:  the value of your property may increase over time Tax benefits:  you may be able to offset the interest on your investment property […]

What are first home buyers grants?

The First Home Owner Grant (FHOG) is a lump sum of cash funded by state governments to help with the purchase of your first home or block of land.  It does not need to be re-paid. Because it is funded by state governments, the actual amount of the grant is different in each state, and […]

Are you eligible for the First Home Buyers Grant ?

While the rules vary between states, the basic First Home Owner Grant conditions are: You must be a permanent resident or an Australian citizen. If you’re co-buying with someone else, at least one of you must be a permanent resident or Australian citizen You must not previously have owned or co-owned a home in Australia […]

What sort of loan is right for me?

When it comes to choosing the right loan for you, a low interest rate is not the only thing to consider.  There is a range of loan features that make managing your loan easier and sometimes the benefit of a particular feature is essential for your personal circumstances. We’ll talk to you about the types […]

What is the process of applying for a loan?

We take care of the loan process for you on your behalf. We are home loan experts and it’s what we do – very well. 1. Book a meeting with CFS In your first meeting, we’ll listen to your situation and get a strong understanding of your needs. We will run scenarios on what you […]

What is a pre-approval and why is it so important?

House hunters: Preparation is the key to a successful and smart result! Don’t leave your finances to the last minute… save yourself stress and anxiety by applying for a pre-approval now. Most pre-approvals generally last for three months – provided your application circumstances don’t change. Know, upfront, how much you can borrow before you start […]

Home Buyers Top 10 Tips

The team at Court Financial Services have gotten together to share their top ten tips for home buyers: 1. Don’t leave your finances to the last minute. Obtain a pre-purchase approval as early as possible. 2. Make sure you understand all the costs involved and work out a budget. The purchase price of the property […]

Australian residential auction market records its busiest period since 2017

CoreLogic’s Auction Market Review for the June quarter 2021 shows 31,605 homes were taken to auction across the combined capital cities in the three months to June 2021. These figures make it the busiest quarter for auctions since the December 2017 quarter when 32,408 capital city auctions were held. In comparison The March 2021 quarter saw […]