Starting Over

Buying a home after divorce or financial hardship

Life happens. There's a million reasons that people might be forced into losing the home they once had and we find that mostly these situations were out of that persons control. Many people feel like once their no longer on the property ladder it's impossible to get back on. We find that more often than not it's not an issue of that person being able to buy a home again, it's them just not knowing where to start to finances back together. Our clients who are starting over learn:

  • What lenders are available to someone who has a few transgressions on their credit file

  • How they can use their superannuation to help them get back into the property market

  • What buying will do to their finances now and how it will affect their long term financial situation

  • What they can do to get away from the high interest loans that can put a drain on their finances

  • The types of property decisions they can make to get back on track

One of the biggest mistakes we see people make is not finding out what they can do before they want to buy a property after they've had a few hurdles. The earlier you start to plan, the earlier you can start over.

GENERAL ADVICE WARNING


All strategies and information provided on this website are general advice only which does not take into consideration any of your personal circumstances. Please arrange an appointment to seek personal financial and taxation advice prior to acting on this information. Every effort has been made to offer the most current, correct and clearly expressed information possible within this site. Nonetheless, inadvertent errors can occur and applicable laws, rules and regulations may change. Any opinion provided on this website is the opinion of Mitchell Johnston and do not represent the opinions of Bluewater Financial Advisors, Vow Financial or any other person or company. 

Welcome Home Financial Group Pty Ltd ACN 614 198 122  is a corporate authorised representative of Bluewater Financial Advisors Pty Ltd (CAR1247584) Welcome Home Financial Group Authorised Credit Representative Number 506082 is authorised under Vow Financial Pty Ltd ACN 138 789 161 Australian Credit Licence 390261. Welcome Home Financial Advice in a corporate authorised tax (financial) adviser registration number 25780831