Alpha Training
Monday, April 29, 2013
Monday, April 8, 2013
Sunday, April 7, 2013
Thursday, April 4, 2013
Tuesday, April 2, 2013
How to avoid Negative Equity - 23
How to avoid Negative Equity - 23
Some Property commentators are predicting a flat Property Market
or a 5-10% squeeze on Australian Property prices
over the course of this year,
whilst the majority of commentators are predicting
"Confidence has returned",
"Everything is dandy again",
"We're on the up and up".
To create a Financial Strategy to avoid Negative Equity,
it is very important to follow the minutes of the monthly RBA Board meetings.
In an Article on April 2nd, 2013 on the News Limited Network,
"Reserve Bank leaves Interest Rates on hold at 3 per cent ".
The key sentiment being expressed by the RBA at present is caution.
The economic problems in Europe are creating a cautious attitude
with central Banks across the globe at present.
The article continues ,
"Homeowners can breathe easy for another month
after the Reserve Bank left Interest Rates unchanged at 3 per cent
at its monthly board meeting.
Most economists had expected the central bank
to keep the cash rate steady."
Why did most economists expect the cental bank
to keep the cash rate steady ?
Is it because of the attitude of caution
considering the European Economic crisis ?
What effect is this attitude of caution going to have
on Australian Property prices ?
What will happen to Australian and New Zealand households
who buy Property at inflated Prices ?
What is one of the major causes of the
European Economic crisis ?
Europe is experiencing a Tidal Wave of Baby Boomer Retirements,
the same as Australia, New Zealand and the USA.
The article continues,
" RBA Governor Glenn Stevens said with economic growth
expected to be a little below trend over the coming year,
it was not prudent to change the cash rate. "
Reserve Bank leaves Interest Rates on hold
Why is economic growth expected to be below trend ?
Join the Discussion on Facebook -
Craig Holme Consulting
Would you like to obtain the qualification to work in the Finance Industry ?
We are currently conducting the Mortgage Diploma by Webinar.
Enquiries phone 0423 585 932 .
Some Property commentators are predicting a flat Property Market
or a 5-10% squeeze on Australian Property prices
over the course of this year,
whilst the majority of commentators are predicting
"Confidence has returned",
"Everything is dandy again",
"We're on the up and up".
To create a Financial Strategy to avoid Negative Equity,
it is very important to follow the minutes of the monthly RBA Board meetings.
In an Article on April 2nd, 2013 on the News Limited Network,
"Reserve Bank leaves Interest Rates on hold at 3 per cent ".
The key sentiment being expressed by the RBA at present is caution.
The economic problems in Europe are creating a cautious attitude
with central Banks across the globe at present.
The article continues ,
"Homeowners can breathe easy for another month
after the Reserve Bank left Interest Rates unchanged at 3 per cent
at its monthly board meeting.
Most economists had expected the central bank
to keep the cash rate steady."
Why did most economists expect the cental bank
to keep the cash rate steady ?
Is it because of the attitude of caution
considering the European Economic crisis ?
What effect is this attitude of caution going to have
on Australian Property prices ?
What will happen to Australian and New Zealand households
who buy Property at inflated Prices ?
What is one of the major causes of the
European Economic crisis ?
Europe is experiencing a Tidal Wave of Baby Boomer Retirements,
the same as Australia, New Zealand and the USA.
The article continues,
" RBA Governor Glenn Stevens said with economic growth
expected to be a little below trend over the coming year,
it was not prudent to change the cash rate. "
Reserve Bank leaves Interest Rates on hold
Why is economic growth expected to be below trend ?
Join the Discussion on Facebook -
Craig Holme Consulting
Would you like to obtain the qualification to work in the Finance Industry ?
We are currently conducting the Mortgage Diploma by Webinar.
Enquiries phone 0423 585 932 .
Copyright - Craig Holme - 2013
Monday, April 1, 2013
How to avoid Negative Equity - 22
How to avoid Negative Equity - 22
Whilst many Finance companies are running very gimmicky
Advertising campaigns at present,
such as ,
" Refinance and save $1000 ",
we are concerned with the much more serious question ,
" Are you paying too much for your Property purchase ?"
You may or may not save $1000 by refinancing,
but if you are paying $50,000 too much
for your Property purchase,
you will be losing a substantial amount of money.
To avoid the possibility of Negative Equity over the next 5 years,
it is essential that you pay a fair Market Price for Property.
By utilising the services of a Buyers Agent,
you can negotiate to get the lowest possible Price.
If an Apartment is listed for sale at $500,000 ,
and the Buyers Agent is able to get a $50,000 discount,
hence arranging a fair Market Price of $450,000,
this means that you need to borrow $50,000 less.
This is a potentially huge saving
and is far more important than chasing Gimmicks
if you want to avoid Negative Equity in the future.
What do you think ?
Would you like to get the Best Property Price ?
Honeymoon over for Mortgage holders
Would you like to join the Discussion on Facebook ?
Craig Holme Consulting
Whilst many Finance companies are running very gimmicky
Advertising campaigns at present,
such as ,
" Refinance and save $1000 ",
we are concerned with the much more serious question ,
" Are you paying too much for your Property purchase ?"
You may or may not save $1000 by refinancing,
but if you are paying $50,000 too much
for your Property purchase,
you will be losing a substantial amount of money.
To avoid the possibility of Negative Equity over the next 5 years,
it is essential that you pay a fair Market Price for Property.
By utilising the services of a Buyers Agent,
you can negotiate to get the lowest possible Price.
If an Apartment is listed for sale at $500,000 ,
and the Buyers Agent is able to get a $50,000 discount,
hence arranging a fair Market Price of $450,000,
this means that you need to borrow $50,000 less.
This is a potentially huge saving
and is far more important than chasing Gimmicks
if you want to avoid Negative Equity in the future.
What do you think ?
Would you like to get the Best Property Price ?
Honeymoon over for Mortgage holders
Would you like to join the Discussion on Facebook ?
Craig Holme Consulting
Copyright - Craig Holme - 2013
How to avoid Negative Equity - 21
How to avoid Negative Equity - 21
Whilst many other Property commentators are announcing
a return to confidence for the Australian Property Market,
we are being more cautious.
Our major concern is to enable Australian Households
to create a strategy to beat Negative Equity.
An article entitled ,
"Honeymoon over for mortgage holders,
says shadow Reserve Bank Board",
syndicated by News Ltd on April 1st, 2013,
states that,
" Mortgage holders have enjoyed their last interest rate cut
and should brace for rising rates in the coming year,
according to News Limited shadow Reserve Bank Board ".
We need to understand that interest rates are affected
by several economic factors.
This potential increase in interest rates
would dampen Property buyer demand during the course of the year.
When we add the Baby Boomer Retirement wave
to increasing interest rates ,
we have a recipe for flat Property Markets.
Therefore it is extremely important that Property buyers
do their due dilligence on Property Prices
in the region they have selected to purchase.
To purchase a Property at an inflated Price
because of Real Estate hype,
could lead to Negative Equity
if the LVR is above 90%.
The News Limited article goes on to say,
"At 5.65 per cent , the discounted is at its lowest in half a century,
excluding the Global Financial Crisis,
as the Reserve Bank seeks to engineer a recovery
in non-mining parts of the economy."
Over the next 5 years Australia faces a Tidal Wave of Baby Boomers
moving into Retirement mode.
This taboo subject is rarely discussed by Property commentators
because it is seen as a negative issue.
We have an ageing population,
especially in South Australia where our current population
is actually going backwards.
The article continues,
"according to the chief economist of the HSBC Bank Australia , Paul Bloxham ,
who believes a pre-Christmas rate hike is on the Cards "
To avoid Negative Equity it is necessary
to work with a Mortgage Broker who is aware of these issues .
What do you think ?
Will Interest Rates rise this year ?
How will the Property Market fare this year ?
Phone Craig Holme on 0423 585 932 .
Would you like to join the discussion on Facebook ,
Craig Holme Consulting
Whilst many other Property commentators are announcing
a return to confidence for the Australian Property Market,
we are being more cautious.
Our major concern is to enable Australian Households
to create a strategy to beat Negative Equity.
An article entitled ,
"Honeymoon over for mortgage holders,
says shadow Reserve Bank Board",
syndicated by News Ltd on April 1st, 2013,
states that,
" Mortgage holders have enjoyed their last interest rate cut
and should brace for rising rates in the coming year,
according to News Limited shadow Reserve Bank Board ".
We need to understand that interest rates are affected
by several economic factors.
This potential increase in interest rates
would dampen Property buyer demand during the course of the year.
When we add the Baby Boomer Retirement wave
to increasing interest rates ,
we have a recipe for flat Property Markets.
Therefore it is extremely important that Property buyers
do their due dilligence on Property Prices
in the region they have selected to purchase.
To purchase a Property at an inflated Price
because of Real Estate hype,
could lead to Negative Equity
if the LVR is above 90%.
The News Limited article goes on to say,
"At 5.65 per cent , the discounted is at its lowest in half a century,
excluding the Global Financial Crisis,
as the Reserve Bank seeks to engineer a recovery
in non-mining parts of the economy."
Over the next 5 years Australia faces a Tidal Wave of Baby Boomers
moving into Retirement mode.
This taboo subject is rarely discussed by Property commentators
because it is seen as a negative issue.
We have an ageing population,
especially in South Australia where our current population
is actually going backwards.
The article continues,
"according to the chief economist of the HSBC Bank Australia , Paul Bloxham ,
who believes a pre-Christmas rate hike is on the Cards "
To avoid Negative Equity it is necessary
to work with a Mortgage Broker who is aware of these issues .
What do you think ?
Will Interest Rates rise this year ?
How will the Property Market fare this year ?
Phone Craig Holme on 0423 585 932 .
Would you like to join the discussion on Facebook ,
Craig Holme Consulting
Copyright - Craig Holme - 2013
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