Fundamentals Archives - Page 3 of 3 - Pearl Financial

Category Archives for "Fundamentals"

Mar 20

Why You Need A Building And Pest Inspection

By Shane | Fundamentals

Building and pest inspections are for the purchaser to identify any potential issues including building design faults, potential safety issues including cracking or structural defects. It also includes timber pest activity. Timber pest activity is essential. It includes moisture, mould, termite, decay, and borer. These issues can unfortunately have an effect on the value of the property you’re purchasing.

Continue reading

The benefits of purchasing off the plan property
Mar 16

The Perks Of Off-The-Plan Purchases

By Shane | Fundamentals

Buying a property that doesn’t exist can be quite scary for some. But, what if it could mean owning the property you’ve been dreaming about? Well, buying a property you haven’t seen yet may sound kind of crazy, especially after hearing concerns about seeing first what you’re actually buying before putting in hundreds of thousands of dollars. But, have you asked yourself if your concerns are justified?Continue reading

Jan 22

Thinking About Refinancing? Here’s What You Need To Know…

By Shane | Fundamentals , Refinancing

Thinking about refinancing? For some, it can be a difficult choice. When you see a better rate available, that doesn’t necessarily mean you’ll end up saving money by switching.  However, you can end up saving thousands, if not tens of thousands of dollars, if you refinance for the right reasons and at the right time. If you’re unsatisfied with your rates or looking for a better customer service, you’re definitely not alone for there are always plenty of borrowers looking for a better deal.Continue reading

Dec 29

Home Loan Pre-Approval 101

By Shane | First Home Buyer , Fundamentals

Are you looking to buy a home or investment property soon? You need a loan but you don’t know how much a lender can give you? There are so many banks but you don’t know how much each will give you and which is the right one? Imagine knowing exactly how much you can borrow before finding your dream property. Basically, the process is pretty straightforward. Most people think that it’s going to take a long time so that’s a preconceived notion that isn’t true. It certainly doesn’t have to take as long as most people would think…Continue reading

Dec 04

The Lowdown on Lenders Mortgage Insurance (LMI)

By Shane | Fundamentals

Lenders mortgage insurance, also known as LMI, is an insurance premium paid by the borrower that protects the lender against the risks of the borrower defaulting, and the lender doesn’t regain all its money. Doesn’t sound exactly fair, right? The premium for LMI is charged as a one-off premium at the start of the loan and it’s paid by you – the borrower, even though it protects the lender. LMI shouldn’t be confused with mortgage protection insurance, which is about protecting the borrower against the risks when they couldn’t make loan repayments.Continue reading

>