Many people believe financial stability is nothing but a dream. Some say they can’t live without credit or not earning enough. Little do they realise the pitfalls of living on credit and miss out on the benefits of financial freedom. Imagine yourself no longer stressed by debt and actually have money in your bank account.
Property settlement is the process by which the ownership of the property is passed on legally from the seller to the buyer. It is comprised of the property inspection, review for title issues, insurance requirements, payment of the balance of the agreed purchase price, payment of taxes and fees, turnover of property keys or security.
While the Coronavirus pandemic has driven down interest rates due to adverse economic impacts that followed the massive lockdowns and business closures, saving money has also become a challenge for many Australians. To spur economic activity, the government has eased lending criteria and dropped interest rates at historical lows, making the real estate market more.
