Do you have any idea what a home loan really ends up costing over the life of a mortgage? Thanks to the interest paid over an average 30-year loan term, the figures are eye-watering. Our lead article closely inspects the figures and delves into the simple yet incredibly effective strategies that can carve thousands of dollars off the life of a loan.
If you’re in the market to sell a property, we look at the list of issues that you are now legally obliged to declare upon selling, thanks to new property laws coming into play in most Australian States. The list is also worth a look if you are a prospective home buyer interested in knowing your rights when purchasing.
For many of us, hand-in-hand with summer comes a slower pace once the holiday break hits. I hope that as your year draws to a close, you find some downtime with those dear to you. I wish you season’s greetings and look forward to seeing you again in the new year.
Any advice contained in this article is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Information in this article is correct as of the date of publication and is subject to change.
Original Author: Produced by Financial Partners (TAS) and published on 27/11/2023 Source