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Podcast: The Property Trio (formerly The Property Planner, Buyer and Professor)
Episode: #328: Avoiding Compromised Investments - Should You Buy Now or Save More? Plus the Real Cost of Overpriced New Builds
Description: Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM🎙️This week on The Property Trio, Cate and Dave field two great listener questions. Max, a young investor weighing his options for a second property asks: Should I buy now at 90% LVR and pay lenders mortgage insurance (LMI), or wait until I save for 80% LVR and a lower rate? 💡 Getting in soonerDave explains that buying at 90% LVR can bring a purchase forward by one to three years, giving valuable time for capital growth. While LMI and...