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Property loans

The Perfect Plot: 5 Tips for Finding the Right Location for Your New Home 

December 2, 2023 by Reporter Leave a Comment

Photo: Avel Chuklanov / Unsplash

The location of your home can significantly impact your daily life, commute, and overall happiness, making this one of the most critical decisions you’ll make in the purchasing process. To help you make an informed decision, we’ve compiled five essential tips for finding the right location for your new home. 

1. Know thyself

Who would’ve thought ancient Greek maxims could be useful when searching for a new home? It turns out the old “know thyself” truism is as valid now as it was when it was inscribed on the Temple of Apollo. 

Whether you’re calling home builders in the Ocean Grove area or exploring display homes in Cairns, you’ll be wasting your time if you haven’t defined your priorities and lifestyle. Some key questions to ask include:

  • Do you prefer a bustling metropolitan environment or quiet suburban vibes?
  • What amenities are essential for your daily life? Think schools, hospitals, parks, and shopping centres?
  • How long are you willing to commute?
  • Are you looking for a community feel or a more private scene?
  • How does your budget align with the cost of living in different areas?

Answering these questions will help you narrow down your options and focus on areas that best suit your needs.

2. Know the neighbourhood

Once you have a clear understanding of your priorities, start researching potential neighbourhoods. Here’s what to look for:

  • Safety: Check crime rates, read local news, ask questions on Reddit, and chat with current residents to gain valuable insights into the safety of an area.
  • Schools: If you have children or plan to in the future, research the quality of local schools. 
  • Commute: Calculate the distance and estimated commute time to your workplace and anywhere else you frequently visit.
  • Amenities: Check the availability of amenities that matter to you, such as parks, public transport, restaurants, and cultural attractions.
  • Future development: Investigate any development plans in the area, considering whether they may impact property values and the overall atmosphere.

3. Know your long-term goals

Are you planning to stay in the area for many years, or is this a temporary move? Consider:

  • Property appreciation: A location with steady or increasing property values may offer a good investment opportunity
  • Future plans: Are you starting a family, changing jobs, or retiring? A location that aligns with your long-term goals can save you from needing to move again in the near future.
  • Resale value: A well-located property is more likely to attract buyers when the time comes to sell.

4. Explore the area

Schedule visits to your top choices, and explore the neighbourhoods during different times of the day and week. Pay attention to:

  • Traffic patterns: Observe traffic conditions and congestion during your visits, especially during rush hours.
  • Noise levels: Listen for noise levels in the area, including traffic noise, neighbour activity, and proximity to loud venues.
  • Community vibes: Interact with residents to get a sense of the community and its overall atmosphere. 
  • Property condition: Evaluate the condition of other homes in the area to see if they meet your standards.
  • Accessibility: Test the accessibility of the location by driving or walking to schools, grocery stores, and public transportation.

5. Seek support

Consider seeking professional guidance from a local real estate agent. A knowledgeable agent can provide valuable insights, help you access exclusive listings, and generally help you navigate the complex process of buying a home.

Choosing the location of your new home is a crucial decision that will significantly impact your daily life and long-term satisfaction. So take your time, explore your options, and use the tips above to find the perfect plot that feels like home.

Filed Under: Australian, Property, Real Estate Tagged With: Home loans, Mortgage, Property loans

The crucial role of technological input in modern business

February 5, 2020 by Reporter Leave a Comment

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When it comes to running a successful business, there is no getting around the fact that it is a job that demands constant attention to detail and intricate involvement on every level possible. These days, modern businesses are functioning and thriving at an all-time high, and a massive part of the reason why that is comes down to the fact that technological innovation has well and truly impacted the modern business landscape for the better. Of course, the goal of technological influence is always to improve an aspect of life as we know it, but the simple truth is that sometimes certain technological innovations have more of a profoundly positive impact across the board than others.

Today, the landscape of business is one of the most tremendously impressive landscapes in the world. There is an incredible amount of determination and hard work that goes into bringing these landscapes to vibrant life. There is something to be said about the businesses that are willing and able to take their approach to the next level by introducing and embracing modern marvels like technological influence. More than ever, technology is present in business in fresh and exciting ways that are challenging, if not near impossible, to come to terms with otherwise.

Respecting the balancing act of entrepreneurship

The art of entrepreneurship is one that is well and truly involved in a tremendously impressive inclination towards the ongoing evolution and improvement of a business model. Being an entrepreneur is never an easy job, and it is so incredibly important that all entrepreneurs, no matter their background, are entirely dedicated towards the cause. It is a balancing act that never seems to come to an end, and it is a balancing act that is significantly important when it comes to successful and long-lived business in this modern era.

Introducing technological input into a business

The key to longevity and success for modern businesses is to work with technological innovations (among other aspects and points, of course). This was mentioned earlier, but the importance of including and embracing technological influence in a modern business cannot be overstated. The rest of the world is moving increasingly in the direction of a digital future. What that means for businesses specifically, is that they are now in a position of essentially having to transform the way they approach growth, by means of technological advancement.

Consistently thriving and elevating the business

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Thriving and consistently elevating a business takes a lot of determination and hard work. This much is glaringly obvious, and it is also incredibly important to not that the influence of technological power in modern businesses is making this task easier than ever. Whether it is incorporating an automated novated lease calculator for company vehicle utilisation, or expanding a business by creating and building upon an online presence, the point is always, and without exception, the same: success in business these days is at least partially hinged on the business in question’s willingness and capability to embrace technological innovation.

Filed Under: Australia, NT, Perth WA, Property, Real Estate, Sydney, Victoria, WA Tagged With: Investment, Property loans

Home Renovation Ideas & Tips to Increase Home Value

June 26, 2019 by Reporter Leave a Comment

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Renovating your home makes it more attractive and comfortable. However, there are other renovations that you can undertake that increase the resale value of the home. It doesn’t matter whether you don’t plan to sell in the near future – it makes it worthwhile for you to have a return on investment from what you put in place. Not every renovation idea adds value to the property; some might give you just minimum returns. Here are renovations that give you maximum ROIs.

Home Renovation Ideas to Increase House Value

1. Remodel Your Kitchen

Whether it is a full or partial remodel, the changes you make to your kitchen will add some value to the property. This is because this is the single most room in the home and buyers consider it a priority. If your kitchen is cramped, make it spacious. Add a fresh coat of paint and clean the cabinets and other kitchen furniture. Replace any damaged appliances and install a countertop. Finally, make sure the light is bright and airy.

2. Update Your Bathroom

The bathroom also adds to the resale value of your home. Use modern styles when updating this part of the house because it has since turned from being a room for keeping clean and now it is a place of a luxury. Install new faucets and showerheads. Next, install tiles on the wall around the bathtub.

3. Invest in Interior Lighting

Lighting makes a huge difference in the way your indoors look. You need to know that buyers prefer as much natural light as possible because this saves on energy costs. Use different types of lights for various purposes. You can use lights to set the mood or use task lights to illuminate parts of your kitchen for easier handling of tasks. Move through the house and understand where changes are needed. Go online and shop for deals so that you save on costs and save more than 50 per cent on purchases.

4. Re-do Your Insulation

Redoing the insulation in your home is one of the eco-friendly renovations that you can undertake. Extra insulation makes your home more energy efficient, which means you pay less for gas and electricity. This reduces on utility bills, something that homebuyers are looking for. Work with a qualified contractor who will check the insulation and come up with an estimate depending on what you need.

5. Install New Cabinets

If working with a decent budget, go for new cabinets. Cabinets create a dramatic look that will transform your kitchen. The cabinets will add a different style and a different tone. You can also try a new layout.

Tips to Attract Lots of Potential Buyers

Now that you’ve made the decision to sell your home, the time has come to make sure people will want to buy it. Your real estate agent will tell you a little about how others have prepared their houses for sales, but ultimately the task of getting the house ready is in your hands. Here are some basics that will ensure the house presents well and attracts the right type of attention.

  1. Taking Care of the Essentials of the House

Your first task is to ensure that the structure of the home is in great condition. To this end, you want the wiring, plumbing, and the foundation checked by a professional. If there is any type of repairs needed, you’ll want to hire handyman manly services to take care of those issues. When a prospective buyer asks if the roof has been inspected recently or if the wiring is up to date, you can answer in the affirmative. That will help keep the conversation going.

2. The Clutter Goes Now

Since you are offering the property for sale, no one really wants to look at your collection of knick-knacks or stuffed animals. As much as you like them, they are preventing buyers from seeing what the house has to offer.

Before you have the first person come to look at your house, get rid of the clutter. See this as the opportunity to decide what makes the move with you and what needs to be donated or given away to friends. Pack up all but a few accent pieces to help give some character to the rooms. Everything that you plan on keeping can go into storage for now.

3. Clean Everything

Once the clutter is out of the way, every inch of the home must be cleaned thoroughly. You may not detect the scent left by the dog because you are used to it. Buyers entering the home will quickly notice the smell and begin to be turned off immediately.

Leave nothing undone when it comes to the cleaning. Wash down the walls, have the window treatments cleaned, and hire a service to steam clean all the carpeting. Don’t forget to clean all the bathrooms thoroughly and go over the hardwood floors and tiles. Even the kitchen cabinets need to be cleaned. All this hard work will leave the home smelling fresh and looking great.

Remember if you don’t have the time or are not that great at cleaning, you can always hire a professional house cleaning service to do the job. Rest assured that the money will be well spent.

4. Staging: Less is More

With the clutter gone and everything cleaned, you need to turn your attention to staging the home. This will likely mean putting some pieces of furniture in storage. Your goal is to leave enough in each room to provide inspiration for using the space while providing the opportunity for buyers to see the architectural details of each room. This provides them with the ability to envision their belongings in the space, something that could lead to receiving an offer.

Remember that while your real estate agent will do a great job of finding potential buyers and bringing them to the property, preparing the house for sale is up to you. Get things in order, and ensure that the house is always at its best. Doing so will mean receiving an offer sooner than later, and maybe even getting an offer that is a little more than your original asking price.

This article comes courtesy of Rokco Builds, trusted customer-centric services in building and construction based in Morningside, QLD.

Filed Under: Lifestyle, Perth WA, Property, Queensland, Small Business Tagged With: Property loans, Real Estate

Low doc loans solutions for self employed business people

March 5, 2013 by Reporter Leave a Comment

Are you a self-employed professional? Do you find availing loans for your business or personal needs difficult? Did you face unending hassles the last time you applied for loan from the bank?

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Self employed low doc loans

If the answers for all the questions are in positive then it means you are facing some serious hardships in availing loans, which be quiet disappointing for the future plans you’ve made.

However, the long wait is finally over.

No longer would you be facing trouble standing in the long queue and waiting your turn only to find that the application for loan approval has been rejected.

The answer is in the form of a path-breaking financial products—– “low doc loans” or “low documentation loans.”

How do they help?

Low doc loans are specially designed for the people who are self employed and who face difficulty in furnishing up to date documents related to the income source and various other financial details. There are situations where the produced documents don’t actually reflect the source of consistent income. Hence the application for loan, receives rejection wherever applied.

Regular loans lenders find it very unsafe to offer loans to people categorized under self-income groups due to the instability of their business in comparison to regular income holders.Therefore, lending funds to such individuals is termed as a huge risk and banks generally refrain from lending it to them.

These loans could very easily add on to the list of Non Performing Assets (NPA’s) for these banks.

Other advantages of low doc loans:

· The number of financial documents required to avail the low doc loan is fewer than otherwise. It solves the major problem for the loan aspirants categorized under self-employed groups.

· Low doc home loans in Australia is available up to 90% of the market value of the property. This means that the applicant receives higher amount of the funds than from regular sources.

· The options under this category are innumerable and the aspirant can easily decide on the best possible choice as per the needs.

· Low doc loans offer redraw repayment facility. This is one of the main features of the loans that impart unique credibility and attractiveness to them. This feature is present in much selected regular loan schemes.

· In addition, the applicant receives the option of flexible repayment and unlimited extra repayment without any early exit. This adds a unique cover of security to low doc loans. In short, they have all the necessary features that make them more preferred.

Therefore, even in conclusion, we can state that low doc loans or low documentation loans are the best option for self employed people. However, they should make it a point to enquire about the stamp fee and miscellaneous expenses along with the total repayment amount before applying for these loans.

These loans are easily available at all the banking institutions where they can be easily accessed. It is always better to evaluate your borrowing potential before thinking of applying for low doc loans. Red Rock Mortgage Group is an independent mortgage finance company specializing in property finance solutions.

Filed Under: 2013, Banks, Business, Finance, Gpost, Real Estate Tagged With: Loans, Low doc loans, Property loans

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