Outlook for property prices remains strong
30-07-2010 
Robust demand for properties in Australia’s more affordable capital city suburbs has driven solid house price growth in the June quarter, according to the Australian Property Monitors (APM) Quarterly Housing Report

Major banks toughen up with first homebuyers
21-04-2010 
The major banks have recently made it harder for first homebuyers to enter the market, according to the Real Estate Institute of Australia (REIA) president David Airey.

Co-ownership Equals Home Ownership
15-04-2010 
Rising property prices and ever increasing rental costs continue to push home ownership into 'unaffordable' territory for many people.  As a result many people are finding that co-ownership is the way to go in order to meet borrowing criteria which can be difficult when trying to purchase a home on your own.

Calls to ease development costs
29-03-2010 
Queensland has been revealed as one of the worst performing states in supplying housing to the market, according to a recent report released by Access Economics.

Positive gearing: a better option?
26-01-2010 
Negative gearing is a concept familiar to most property investors. But perhaps it’s better to forget about tax breaks and go for bigger rental returns. This is called “positive gearing”. Chris Walker explains.

FAQ's
 
 
 
Got ? Here's some
  
house_sketch_BLOG.jpg image by jackie_hudon  Why do we ask you to do a credit check with Veda instead of doing it ourselves?
 
Often when you go for finance you find out your credit file has a hit on it just because you made an enquiry about how much you might be able to borrow & even though you didn't go ahead with finance you now have to explain the ins & outs about something that is really irrelevant.  We get you to do the  credit check yourself to avoid this situation.
 
house_sketch_BLOG.jpg image by jackie_hudon  How does a Rent to Buy home work?
 
Buyer + Seller x monthly repayment / credit applied x Period of agreement = Home Owner
                    huh?????
 
 
Oh sorry we said we'd make it simple! 
 
  • There is YOU the buyer & US the sellers
  • If you love it & want it we suggest you put some dollars to hold it to ensure it is yours. We agree the period you will rent to own which can be anything from 6 months - 5 years but is generally 12-24 months which gives you time to sort out your finances & build a bigger deposit to go to the bank for a loan
  • Part of the money you pay each week goes towards you owning your home - Rent To Own.  This along with your own personal savings will help you build a strong deposit for when you go to get your bank loan.
house_sketch_BLOG.jpg image by jackie_hudon  How much deposit do I have to pay & are there options to pay this?
 
An upfront fee is needed & comes off the price of the home at the end.  We prefer this to be paid as a lump sum but do understand that this is sometimes not possible.  If necessary we will take a portion of the deposit amount & negotiate a short period of time to pay the difference.
 
house_sketch_BLOG.jpg image by jackie_hudon  This is my first home, can I still use the First Home Owner's Grant on a Rent to Buy?
 
  YES!  If you are eligible for the First Home Owner's Grant you claim at the end of the term.  By that time who knows what the FHOG will be it could be huge
  !