Mario’s Blog2019-07-09T13:58:54+10:00

Will COVID-19 prove to be the best or worst time ever to buy residential property?

Right now you will be forgiven for thinking that the roof will cave in if you buy a residential property, as the value may plummet. After all, some headlines are currently suggesting that property prices in Australia will drop by as much as 30% (or more) resulting from COVID-19. So what do you do? It's the million dollar question isn't it? Here's what I think...

Are you paying loyalty tax to your current bank or lender?

As humans we are creatures of habit and unless something is broken, we tend to avoid paying attention to it. When it comes to your home loan, complacency can be costly. Your bank or lender usually forgets about you once your home loan has settled. The only time they'll contact you, apart from marketing, is when they learn you're about to refinance elsewhere - usually their reactive action is too late as your new lender has a much more compelling offer.

Important updates relating to COVID-19 and property-finance matters

As the coronavirus pandemic continues to make headlines around the world, property and finance related matters continue to change in light of the current pandemic we are all faced with. Change is happening so fast I felt it was timely to update you on a number of key issues relating to home loans and property finance.

My tips on how to financially survive the coronavirus pandemic

In light of the current coronavirus crisis, it is inevitable some mortgage customers will experience financial difficulties - as some jobs will be put on hold for an extended period, and job losses will also occur. Cash flow is the life blood of any business, and your household is no different.

What does financial peace of mind mean for you?

For some people peace of mind is all about holding a secure job, after all it's what pays the bills right? For others it's about having a rewarding career, or to own a business, in order to achieve (and grow) their income - the common motivator in this case is usually to live a better quality lifestyle. The truth is peace of mind comes from assets that make you money in your sleep - whether you work or not. Let me explain...