30
Jun 2011
Australia’s Gen-Y, otherwise called the young Aussies, has broken the mold.
Once typecast as being fixated with carefree spending and sponging off their parents, these Gen-Yers have flown out of its pigeonhole as the currently ongoing high property prices have changed them from being Generation Egocentric into Generation Prudent.
According to a recent survey conducted on mortgage-holders with the age under 30, it reveals that of the thousand respondents surveyed, 71 percent claimed that they never have rented a property. more…
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28
Jun 2011
Previously, only a deposit and a full-time job are the standard requirement needed to get a home loan, but not with this day and time. Today’s lenders are requiring much more.
What you need to get a home loan? (what lenders want to know)
Today’s financial instability has brought a prospective home-buyer’s complete financial history under the microscope, as home loan lenders try to determine whether they are ever going to get their money back. more…
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14
Jun 2011
According to data from the global survey by mortgage insurer Genworth that was in the news lately, Australian homeowners are among the most indebted in the world.
The survey’s respondents were home owners and aspiring first homebuyers in eight countries namely Australia, Canada, India, Ireland, Italy, Mexico, the United Kingdom and the United States.
Though the Australian homeowners are amongst the most indebted people in the world, however the data of the new research shows that most Australian homeowners had no trouble in meeting monthly repayments on their mortgage in the last year. more…
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19
May 2011
It has been in the news recently that the banks in Australia are refusing to finance loans to people who are interested to buy flooded homes. Banks are snubbing and refusing to finance loans of shrewd would be buyers who are desperate to snap up a bargain in the post-flood Ipswich property market.
According to Brett McGrath, the Herron Todd White senior valuer, in spite of the recorded 3300 homes being written off and the 1700 house plans designs needing repair which were all affected by January’s disaster, there are still plenty of shrewd and desperate buyers who want to purchase these damaged and flooded houses. more…
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Category: Australian Homes, Home Builders, Home Designs, Home Designs Plan, Home Loans, Homes for Sale, House Builders, House Design, House Plan, House and Land Packages
Tags: austalia houses for sale, Home Builders, home for sale, House and Land Packages, house plans designs
26
Apr 2011
Recently in the news, it has been reported that the number of loans from people who want to buy new houses for sale have dropped.
According to the report, residential property prices have increased in 2010 and will continue declining in the next six months as big mortgage brokers report a 20 per cent plunge in loan numbers.
Many home for sale will be affected by this situation. more…
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Category: Australian Homes, Home Designs Plan, Home Loans, Homes for Sale, House Plan, Houses for Sale, Real Estate for Sale
Tags: home for sale, home plan, Homes for Sale, house for sale, house plans, Houses for Sale, new houses for sale
