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How this couple fulfilled their property dreams in the space of 4 years
smartpropertyinvestment.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smartpropertyinvestment.com.au Daily Mail and Mail on Sunday newspapers.
Why 2021 is still a good year to start your property journey
smartpropertyinvestment.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smartpropertyinvestment.com.au Daily Mail and Mail on Sunday newspapers.
Could the ‘outstanding’ 2 per cent deposit scheme break the poverty trap?
By Cameron Micallef
19 May 2021
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1 minute read
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The 2 per cent deposit scheme has been widely praised as a way to ‘break generational poverty traps’, two industry experts have said.
During a recent episode of The Smart Property Investment Show, Right Property Group’s Steve Waters and Victor Kumar praised the latest government initiative, aimed to help single parents enter the property market.
This scheme, called the Family Home Guarantee, will see single parents enter the housing market with just a 2 per cent deposit. The remaining 18 per cent of the home loan deposit, needed to avoid lender’s mortgage insurance (LMI), will be guaranteed by the federal government.
The simple trick to entering the market with no deposit and no stamp duty fees
By Cameron Micallef
18 May 2021
|
1 minute read
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A property buyer recently shared his unique property journey which saw him secure a home without a deposit and with a lot of help from one of Australia’s big four banks.
In a recent episode of The Smart Property Investment Show, owner-occupier James Mitchell revealed the importance of a good mortgage broker.
Mr Mitchell explained that despite not having secured enough funds for a deposit, he bought his first property with the help of his mortgage broker and a very generous bank.
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