Wants, Needs, and Won'ts: Defining Your Home Criteria

 

 

Did you know that calling-off rights vary by state? We’ll explain what that means for you as a buyer.

 

In this episode, John Kefalianos, a finance broker, property developer, and investor, shares his journey of buying his first home and all the essential tips he learned along the way with his daughter, Nicola. From understanding your budget and borrowing capacity to creating a list of your wants, needs, and deal-breakers, he covers it all!

 

They talk about the importance of compromise when it comes to finding the perfect property and how to effectively research the market. Plus, they'll share insights on the significance of building inspections and the tricky balance of finding something beautiful, close, and cheap.

 

Listen to this episode as they navigate this exciting process and equip you with the knowledge you need to make informed decisions in the property market. Click on this episode now!

 

 

Chat with John about how much you can borrow:
[email protected]

 

Finance Lab:
https://www.financelab.com.au/

 

 

 

Disclaimer: This podcast provides general information only and is not legal, financial, or professional advice. Listeners should seek personalized advice from licensed professionals for their individual circumstances. The hosts and guests are not liable for actions taken based on this content. Opinions expressed are those of the hosts and guests, not any official institution.

See omnystudio.com/listener for privacy information.

Understanding How Home Grants Work!

 

 

What if we told you, you can get free money from the government as a first time home buyer?

 

Yes, you heard that right! You can get a first home owner's grant depending on where you live in Australia. The kind of grant you will get varies from state to state.

 

For instance, in New South Wales, you could receive a $10,000 grant if you purchase land and build or buy a new house priced up to $750,000, but in Victoria, they offer a similar $10,000 grant for new properties, but with different stamp duty thresholds.

 

Queensland stood out with a generous $30,000 grant for first home buyers, which is three times the amount offered in New South Wales and Victoria.

 

Consult with a broker to navigate these options effectively. They can provide insights into government guarantee schemes that allow for borrowing up to 95% without lender's mortgage insurance, which could be a game-changer.

 

To really get the full grasp on how first home owner grants work click on this episode right now!

 

 

Chat with John about how much you can borrow:
[email protected]

 

Finance Lab:
https://www.financelab.com.au/

 

 

 

Disclaimer: This podcast provides general information only and is not legal, financial, or professional advice. Listeners should seek personalised advice from licensed professionals for their individual circumstances. The hosts and guests are not liable for actions taken based on this content. Opinions expressed are those of the hosts and guests, not any official institution.

See omnystudio.com/listener for privacy information.

Do This to Maximise Your Borrowing Power! 

 

 

For you to be able to borrow as much as you can, you need to do these things to maximise your borrowing power!

 

Join John Kefalianos, a finance broker, property developer, and
investor as he helps his daughter Nicola Kefalianos and first home buyers achieve their property goals.

 

This episode, they focus on maximising your borrowing power!

 

Emphasising that there are several things you can do in order to increase what you can borrow from the banks.

 

And remember! Not all banks are made the same. There are first-tier lenders, which are the major banks; they may be the safer choice but can potentially offer less than second-tier lenders, who are the lesser-known banks who can potentially offer you more but may offer higher interest rates.

 

For you to be able to fully grasp and understand how to maximise your borrowing power and understand how banks assess borrowing, you need to click on this episode today!

 

 

Chat with John about how much you can borrow:
[email protected]

 

Finance Lab:
https://www.financelab.com.au/

 

 

 

Disclaimer: This podcast provides general information only and is not legal, financial, or professional advice. Listeners should seek personalised advice from licensed professionals for their individual circumstances. The hosts and guests are not liable for actions taken based on this content. Opinions expressed are those of the hosts and guests, not any official institution.

See omnystudio.com/listener for privacy information.

How to Start Saving for a Deposit!

 

 

Wanna know how to save for a deposit? Well you've come to the right show!

 

John Kefalianos, a finance broker, property developer & investor helps his daughter Nicola Kefalianos and first home buyers achieve their property goals.

 

This time, focusing on ways to save for a deposit through various different strategies discussed in the episode.

 

John tackles the topic of understanding deposit requirements where there is a difference between a primary residence and investment property account.

 

They also touch on the subject of government grants & schemes and also lenders mortgage insurance.

 

Not only are there actual saving tips on this episode but there is a wealth of knowledge within how to better understand your finances and deposits.

 

To really get a full understanding on how to save for a deposit, click on this episode today!

 

 

Chat with John about how much you can borrow:

[email protected]

 

Finance Lab: 

https://www.financelab.com.au/

 

Loan Repayment Calculator:

https://www.financelab.com.au/calculators-loan-repayments/

 

 

 

Disclaimer: This podcast provides general information only and is not legal, financial, or professional advice. Listeners should seek personalized advice from licensed professionals for their individual circumstances. The hosts and guests are not liable for actions taken based on this content. Opinions expressed are those of the hosts and guests, not any official institution.

 

See omnystudio.com/listener for privacy information.