Book a call
Book a call

To buy or to rent - That is the Question.

 

 

 

 

 

 

 

This is a question that people always ask. It is similar to the egg or chicken - What came first? #buy #rent #homeowner #homeloan #firsthomebuyer#newhome

Renting might seem more appealing with soaring housing prices in Sydney and Melbourne but don't expect it to be cheaper than buying. 
While investors have boosted the supply of rental accommodation and reduced the rate of growth of rents, rents are still growing in the two major cities, Housing Industry Association senior economist, Shane Garrett said.
Real Estate Institute of NSW president Malcolm Gunning said in many cases, "mortgage repayments are cheaper than rental".
"Take for example a one-bedroom in inner city Sydney which costs about $700,000. At about a 4 per cent fixed mortgage rate, you pay about $580 a week," he said. But rents in these areas are about $650 to $700.

So its up to you really. It is probably cheaper to buy a home in the long run but you will be tied down with a mortgage for a couple of decades. Talk to Madhu on 0425 341 086 to discuss your options and the deals available.

Proud to be a Winning Team again!

 

 

 

 

 

 

Last evening I was the proud recipient of the MFAA 2018 Residential Mortgage Broker Award for NSW and ACT. This award comes after being a State finalist in 2016 and 2017.

A decade of hard work in a male dominated industry, has started paying off.#MFAA2018 #MFAAStateWinner #mortgageBroker #hardwork #success#winning #achievement #Womeninbusiness #womeninfinance #MFAA #FAST#NAB #ANZ #CBA #Westpac

Raising three amazing daughters while kicking off my Mortgage Broker business was tiring but immensely satisfying. I have dreamed of making a difference to all new migrants as I have experienced the difficulties of being a migrant myself. Through my various interests at the Ramakrishna Mission or by sponsoring debating contest at school, I am giving back to the community for a better future.

Thank you to all my BDMS, Bankers, lenders and above all my team of mentees Brokers , referral partners and clients who believe in me and have help support my dream of helping immigrants such as myself, our role is to make it a little bit easier in a new country, their new home.

Role of the Financial Advisor is changing

 

Changing Roles of a Financial Planner
You can plan your finances using an App these days.
Although technology has eroded some of the reasons for people to seek the help of a financial advisor, it has also created new opportunities for advisors to reach more people. #financialplanner #homeloan #wealthcreation #finance#financialadvisor

Many firms have embraced technology to a degree but have failed to see any
significant rewards. For financial advisors to get the most from their online profile, social media and technology as a whole they need to focus on:
1. Having a predefined ideal client type: Create your online profile and message to appeal to these personas.
2. Focus on providing value in exchange for basic contact information: Such as downloadable guides, webinars, videos, free online consultations. Use social media to share and promote.
3. Develop a re-marketing process: It is vital to continually engage with your contacts that are generated through your offerings, remind them of your firm and the benefits you have to offer them.

Discuss your marketing strategies with Madhu on 0425 341 086 or read more at www.financeandmortgage.com.au.

 

Tips to save money on your Energy Bill

 

 

 

 

 

 

Have you been considering a way to improve your home, get more money in your wallet, and have something to show off to your judgmental neighbors? You might want to think about investing in solar panels for your house. #renovation#investment #solar #Energybill #energy
Below are just four advantages of having solar panels installed in your home.

1. Reduced Electricity Bill
Installing solar power in your home gives you the freedom to look forward to receiving your next electricity bill, as you know it’s going to look much better than before the solar panels existed. Solar power cuts down your electricity usage significantly. If you’re on a budget, start with one and see what difference it makes.
2. Government Pay Back
State governments offer rebates and other financial incentives to those who install solar panels. Just make sure you do a quick search of local legislation as these pay backs change often.
3. Increase the Value of Your Home
Additions like solar panels can really increase your home’s value. You may not be planning to sell anytime soon, but just listing solar panels as a feature can boost your home as an asset, making it even more valuable in the immediate and longer term.
4. Love Your Environment
One significant advantage to the installation of solar panels in your home is the environmental benefit they bring.
Contact Madhu on 0425 341 086 for more saving tips and smart investments

Personal information is currency in the underground world of cybercrime

Our digital devices hold much of our personal data, serving as one of our most valuable assets. Over the years, many of us have formed bad habits that could enable criminals to easily hack into our personal and financial information. #Password #onlinerisk #CyberCrime#OnlineDanger #internet

Here are five online habits that put you at risk of identity theft, plus tips on how to can prevent this from happening.
1. RISK: Using the same password for multiple accounts
First things first: if you’re using the same old password for all your accounts – this needs to change!
– Make passwords hard-to-guess
– Password managers

2. RISK: Online banking via public Wi-Fi
Free Wi-Fi is convenient but some networks are more secure than others. Be wary of the tempting ‘Free Wi-Fi’ hotspot which could have been set up by online criminals to access personal details.

3. RISK: Oversharing on social media
Social media is the new criminal hotspot where hackers can easily access your personal information.
– Check your privacy settings
– Think before you share

4. RISK: Being too liberal with online shopping
Online shopping is the new normal for its simplicity and convenience. But it’s also simple and convenient for cyber criminals to tap into your details online.

5. RISK: Ignoring computer software updates
Those software update pop up notifications may be annoying, but they’re very important. Make it difficult for identity thieves to access your personal information by following these security tips:
– Regularly update your operating system
– Invest in antivirus software

Like us on Facebook for all the latest posts.

crossmenu