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Informationen zum Autor Alex Brooks specialises in writing about homes, property and sustainable living. She is the author of Planning Your Perfect Home Renovation and The Sydney Morning Herald Good Suburbs Guide . She is also a regular contributor to The Sydney Morning Herald, Sun-Herald, Sunday Life and House & Garden magazine. Klappentext Dreaming of being debt free? Wondering what a tumultuous property market will mean for your financial future? Wanting to buy, sell or invest in property without being ripped off or paying a mortgage for the term of your natural life? If you answered 'yes' to any of these questions, then Mortgage Stressbusters is a must-read. This plain-English, Q&A guide to mortgages and residential property will help you to end mortgage stress once and for all. Not only will you learn how to save money - and time - on your mortgage, but you'll also learn the tricks, tips and tactics that will get you ahead in the property game. Inside you'll discover: how to get the best mortgage deal how to buy property successfully, no matter what the market is doing how to pay off your mortgage - fast what to do if you can't pay your mortgage. Whether you're stuck in the mortgage mire or just trying to stay ahead, Mortgage Stressbusters is the book for you! Zusammenfassung Dreaming of being debt free? Wondering what a tumultuous property market will mean for your financial future? Wanting to buy, sell or invest in property without being ripped off or paying a mortgage for the term of your natural life? If you answered 'yes' to any of these questions, then Mortgage Stressbusters is a must-read. Inhaltsverzeichnis About the author xi Introduction xiii Section I: getting on the mortgage merry-go-round 1 Isn't buying property always better than renting? 3 2 Can your own home be a gold mine? 5 3 Property is way too expensive - how will I ever own a home? 10 4 I heard the government will give me money to buy my first home - is this true? 16 5 But if home prices aren't increasing, why buy now? 18 6 Why save for a deposit when the banks will lend you 100 per cent of the purchase price? 19 7 What sort of deposit is ideal? 23 8 But I'm paying mortgage insurance, so I'll be fi ne if things get a bit hairy, won't I? 26 9 Are there any advantages to paying lenders mortgage insurance? 29 10 I'm going to get my parents to go guarantor on my mortgage - that'll make it easier and avoid paying lenders mortgage insurance, won't it? 31 11 Aren't there a heap of mortgage offers that can help me get into the market without having to save so hard for a deposit? 35 12 How do the banks decide how much money they'll lend me? 38 13 Credit rating? Isn't that whether you prefer a gold or silver Visa card? 39 14 I'm self-employed, so I'll always have to pay more for a mortgage, won't I? 42 Section II: loan sweet loan 15 What does the current so-called credit crunch mean for getting mortgages? 49 16 Banks offer the safest and cheapest mortgages, so why bother with a broker? 50 17 All mortgages are the same, so what's the point in shopping around? 55 18 The lower the interest rate, the better the deal? 58 19 It's fee-free, isn't it? The bank promised. 61 20 Isn't a fi xed-rate loan a much better way to go? 65 21 What! I'm not paying this thing off for 30 years? 68 22 My mortgage is signed, sealed and delivered - all I have to do is make monthly payments from now on, don't I? 70 23 A broker has told me about a mortgage-reduction scheme that sounds good - what should I do? 72 24 How come some people get better mortgage deals than others? 75 25 Shouldn't I look at houses before I work out my mortgage? 79 26 How can I s...
