Interest rates may have slipped to more affordable levels, but rising unemployment and a depressed share market have ensured there are still and will be plenty of foreclosed homes available to investors in Australia.
When approached and researched properly, buying a foreclosed property can cut 10% to 30% off the usual purchase price.
We show you how and where to find these properties in the May issue of Your Investment Property, out on sale now!
It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan