EVERLEND

🏡 New vs Established Properties: A Closer Look 🏡 In this weeks episode, we explore reasons why some favour established properties over new builds with Raveche Property. With construction costs rising by 30-40% since COVID and concerns about the quality of new developments, many find that new properties might not always stand the test of time. 💡 Our guest shares insights into how established properties often offer better value, with proven quality that holds up long-term, unlike newer builds that can depreciate faster. Got questions? We’re here to help! 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #propertyinvesting #realestate #investmentproperty #newvsold #establishedproperty #propertytips #everlend #firsthomebuyer

In this week’s episode, Evelyn is joined by Raveche Property director Aife Raveche, who unpacks actionable strategies for making money in property, such as the importance of building strong relationships with agents that may unlock exclusive opportunities, including off-market deals. She discusses how researching recent sales data can help you to make informed offers, and emphasises the cyclical nature of real estate and the patience required during market downturns. This is a must-listen for any homebuyers, full of great insights you can’t miss. Listen to ‘You Have My Interest’ wherever you get your podcasts. @ravecheproperty #RealEstate #MarketTrends #PropertyInvestment #FirstHomeBuyers #AgentRelationships #FinanceTips #VictoriaProperty #RealEstateNews #PropertyMarket #OffMarketProperty #YouHaveMyInterest

New Off-the-Plan Concession: Are You Eligible? 🏙️ As of October 21st, 2024, a new temporary off-the-plan concession is available for property purchases made between October 21st, 2024, and October 21st, 2025. But there’s a key condition to be aware of: the property must have strata subdivision in place. This means if you’re buying an apartment or a property within a larger development with common areas (like a shared driveway, lobby, or lift areas), you may be eligible for the concession! 🚪🏢 Got questions? We’re here to help! 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #offtheplan #propertyconcession #realestatetips #homebuyers #propertyinvestment #stampduty #everlend #youhavemyinterest

Understanding your credit report is essential for managing your financial health! 📊 A credit report is a detailed summary of your financial history, showing how you’ve handled credit over time. It includes important information that lenders use to decide whether to offer you credit, and at what rate. Here’s what you’ll typically find in a credit report: 1. Credit Score: A number that summarises your creditworthiness and reflects your risk to lenders. 2. Personal Information: Your basic details, like name, address, and date of birth. 3. Credit Enquiries: A record of all the times you’ve applied for credit. 4. Credit History: A record of your loans, credit cards, and repayment history. 5. Defaults: Any missed payments or defaults, which can stay on your report for up to 5 years. Want to dive deeper? 💡 We’re here to break it down and help you make sense of your credit report! 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #creditreport #creditscore #financialhealth #creditawareness #moneymanagement #financialtips #creditworthiness #crediteducation #everlend #financialliteracy

Rate Cuts Delayed: What Are the Banks Saying? 📉 Major banks are predicting a delay in rate cuts based on the RBA’s latest updates. Here’s where they stand: 👉🏼 Westpac & NAB: First cut in May 2025, with Westpac expecting 4 rate cuts and NAB predicting 5 cuts throughout 2025. 👉🏼 ANZ: Also forecasting May 2025 but with only 2 cuts next year. 👉🏼 CBA: Still holding to a February 2025 prediction, followed by 5 cuts in 2025. Why the delay? The RBA reports inflation, while declining, hasn’t yet sustainably reached the 2–3% target range. It’s not just about hitting the mark—it’s about keeping it steady. 💡 What does this mean for you? If you're planning to buy property or manage a mortgage, these shifts could play a big role in your 2025 financial strategy. Got questions? We’re here to help! 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #ratecuts #interestrates #propertymarket #financetips #everlend #youhavemyinterest #financeliteracy

In this week’s episode, Evelyn explores key market updates, including the RBA rates, the Home Value Index, and Victoria's new temporary stamp duty concession for off-the-plan purchases. Evelyn explains how stamp duty is calculated based on land value, and offers financing tips while emphasizing due diligence when working with developers and legal advisors. The episode provides valuable insights to help you navigate off-the-plan purchases, maximise concessions, and stay informed about market trends. Listen to ‘You Have My Interest’ wherever you get your podcasts. #RealEstate #MarketTrends #StampDuty #RBA #PropertyInvestment #FirstHomeBuyers #HomeValueIndex #OffThePlan #FinanceTips #VictoriaProperty #RealEstateNews #PropertyMarket #YouHaveMyInterest

We’re so grateful for the kind words from our amazing client! 💙 It’s been a joy working with amazing people since 2020, and we couldn’t be more thrilled to hear that we’ve made the process effortless for them. Your trust means the world to us, and we look forward to continuing to support you all for many more years to come! 🙏 Got questions? We’re here to help! 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #clientlove #grateful #testimonials #happyclients #mortgagesupport #customerservice #realestatelife #everlend #fivestarreview #homejourney #morethanamortgage

Navigating the ins and outs of non-arm’s length property transactions can be complex, especially when buying from someone close to you. 🏡 These purchases come with their own set of rules and considerations: Non-arm’s length transactions require a different approach than traditional sales. From formal contracts to independent valuations and understanding how lenders view these purchases, there’s a lot to manage. Plus, don’t forget that stamp duty is calculated based on the market value, even if your purchase price is lower. Want to make sure your purchase aligns with lender policies and avoid surprises? Dive into this carousel for key insights. Got questions? We’re here to help! 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #relatedpartypurchase #homebuyingtips #stampduty #firsthomebuyer #propertyadvice #mortgagetips #financialguidance #propertytransactions

Thinking about taking out a mortgage? 🏡 There are several key costs to consider before you start. Here’s a quick breakdown: 1. Stamp Duty – A government tax on property purchases that can vary by location and property value. 2. Lenders Mortgage Insurance (LMI) – Required if your deposit is less than 20%, protecting the lender if you default. 3. Application Fees – Fees charged by the lender to process your loan application. 4. Legal Fees – Costs for a lawyer or conveyancer to handle the paperwork. 5. Valuation Fees – A charge for the lender to assess your property’s value. Understanding these costs will help you plan better for your mortgage. Got questions? Let’s break it all down together! 😊 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #mortgagecosts #homebuyingtips #propertypurchase #realestateadvice #mortgageplanning #homeownershipjourney #financialplanning #stampduty #loanapplication #everlend #firsthomebuyer #stampduty #valuation #loanapplication #homeloan

Thinking of buying a home from family? 🏡🤔 Here's what you need to know about non-arms length transactions (related party purchases): A related party purchase occurs when you buy property from a relative without a real estate agent involved. You’ll still need a contract of sale and an independent valuation. Why? Lenders and the state revenue office calculate stamp duty based on market value, even if your purchase price is lower. Plus, most banks won’t let you borrow beyond that agreed price. Understanding lender requirements and state stamp duty rules is crucial to avoid unexpected roadblocks. 💡 Always consult a mortgage broker or financial expert to guide you through these specifics and ensure a smooth purchase. Got Questions? We’re here to help! 📞 03 7036 3356 📧 admin@everlend.com.au 🇦🇺 Aus wide #firsthomebuyer #financialtips #homeownership #stampduty #propertyvaluations #familyrelatedpurchase #everlend