While you keep paying off the loan and building equity, your property grows in value over time. This is also known as renovations, repairs or additions. Only spend money on those things that are valued by a potential purchaser. This may not reflect your own tastes. When it comes to smart improvements, you have one audience: the valuer. The valuer is an independent professional engaged by lenders to appraise properties to buy or refinance. The lender seeks an independent valuation to see if the property is valued at - or close to — that price. First impressions count.
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Serial entrepreneur Andrew Morello from Yellow Brick Road reveals in an exclusive interview what drives him to keep achieving. It all started at home. The experience of growing up with a family-owned business set him on the path to a successful property career that saw him complete nearly property transactions. He is on the board of social enterprise, Project Gen Z , which runs outreach programs for children in Cambodia. The foundations of his upbringing spurred on his charitable, philanthropic mindset, he explains. T he decision to take up social causes was never about being a social entrepreneur, it was instinctive. As someone who has juggled ideas and initiatives over the years, he is well-placed to determine the value of collaboration. You must be logged in to post a comment.
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It is now more than three-and-a-half years since he joined Mark Bouris and his team transferring from Melbourne to Sydney , where he is head of business development. Over that time YBR has expanded exponentially while striking up a mortgage funding partnership with Macquarie Bank. As the final episode of Celebrity Apprentice goes to air on Tuesday night on Channel Nine and the final four contestants fight it out for the winner's crown, we caught up with Andrew Morello pictured above and asked him how he is enjoying his role in the mortgage and wealth management game:. I have been in property and finance since I was 17 or 18 - so 10 years now. I believe money is the cheapest it has ever been in my lifetime and yield on property is the highest I have seen in my career and growing.
I follow a blogger who is a nurse and her stories are gut-wrenching. Raising our children as believers is proving to be very tricky. And I don't mean my good friend Satan. Once his residency is over, you'll have more time together, but that's going to be a while from now. It was actually causing more of a rift than bringing us together. She encourages me to develop my skills and talents, and provides an example in several of those areas. I am hopeful and do feel some healing. She got engaged 3 months later. Fortunately most of my immediate family has done better.