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Q&A: Work in healthcare? Listen to this. Plus, why offsets beat redraws & how to upgrade safely

Published 2 years, 2 months ago
Description

In this episode of The Australian Finance Podcast, Owen Rask is joined by Chris Bates, mortgage broker and founder of Blusk, to answer your property questions.

We L-O-V-E your property questions, so send them through to Chris Bates & Owen Rask: https://bit.ly/3QtiY00

Property questions answered today:

  1. What is Lenders Mortgage Insurance (LMI), and am I eligible for a waiver?
  2. Redraw vs Offset: What's better between offset accounts and redraw facilities?
  3. Where should I keep my emergency fund if I already own a property?
  4. I want to upgrade my property, but we're in a rental crisis - should I sell my property or buy first?
  5. Is it risky to tell real estate agents my budget? How can I make the most of the local real estate agents without divulging everything? 


Resources you'll love


📚 Enjoyed this episode? You'll love Kate's book, Buying Happiness, which you can order on Booktopia or Amazon.

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Access the show notes for The Australian Finance Podcast: www.raskmedia.com.au/podcasts/australian-finance-podcast

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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it. If you’re confused about what that means or

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