Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 1300 LENDING

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  • Elders Home Loans

  • Katrina Parrington

    I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

    I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

    Tel: 08 8953 8800
    email: katrina.parrington@eldershomeloans.com.au

Posts Tagged ‘property’

New research on negative gearing and capital gains tax | The Real Estate Conversation

Posted by Katrina Parrington on June 29, 2015

New research on negative gearing and capital gains tax | The Real Estate Conversation.

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Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates | Tagged: , , , , , , , , , , , , , , , , | Comments Off on New research on negative gearing and capital gains tax | The Real Estate Conversation

Know about tax deductions for your property | The Real Estate Conversation

Posted by Katrina Parrington on April 28, 2015

Know about tax deductions for your property | The Real Estate Conversation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates | Tagged: , , , , , , , , , , , , , , , , , | Comments Off on Know about tax deductions for your property | The Real Estate Conversation

Which Inner City Suburbs Are Most Affordable

Posted by Katrina Parrington on April 27, 2015

images[7]CoreLogic RP Data’s weekly Property Pulse shows which suburbs have the most affordable median value near the CBDs of Australia’s capital cities.

According to the data, the median value for Sydney’s inner city houses is significantly higher than the rest of the capital cities, with Turrella as the most affordable suburb in Sydney having a median house value of $839,676.

Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Which Inner City Suburbs Are Most Affordable

Scrap stamp duty, says Property Council | The Real Estate Conversation

Posted by Katrina Parrington on April 21, 2015

Scrap stamp duty, says Property Council | The Real Estate Conversation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Scrap stamp duty, says Property Council | The Real Estate Conversation

PM won’t change negative gearing | The Real Estate Conversation

Posted by Katrina Parrington on April 17, 2015

PM won’t change negative gearing | The Real Estate Conversation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry | Tagged: , , , , , , , , , | Comments Off on PM won’t change negative gearing | The Real Estate Conversation

Turning your home into an Investment Property

Posted by Katrina Parrington on May 30, 2014

In this increasingly mobile world we live in, more and more Australians are becoming property investors by changing their home or principal place of residence to an income-producing investment property.  Read the rest of this entry »

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Negotiation 101

Posted by Katrina Parrington on July 1, 2013

If you’re buying your next property by private treaty, or even putting in a
pre-auction bid, brushing up on your negotiating skills could save you a small
fortune.

We asked the experts how they go about sealing a deal that works
in their favour.

1. Determine the state of the
market

“First of all, establish whether it’s a buyers’ or sellers’
market,” says John Gibson, managing director of property advisors Locate
Negotiate. “This can have a dramatic effect on your negotiation strategy and the
outcome.”

2. Find out why the owner is
selling

“Establish the motivation of the seller,” Gibson says. “Is
there a sense of urgency? If you can establish that there is, that may tip the
scales in your favour.”

Peter Boehm, an expert in personal and property
finance, and author of The Great Australian Dream: Your Guide to Buying Your
First Home (Slattery, 2011), says if the agent tells you the owner is ready to
move quickly, you will know he’s looking for a quick sell.

3. How
long has the property been on the market?

“The longer a property has
been for sale, the more likely you are able to negotiate a good price,” Boehm
says. “But that also indicates that you should be cautious in case there’s
something wrong with the property.”

4. Ask questions about the
price

“What price is the seller looking for? On what basis was the
property priced?” Asking these questions, as well as asking the agent directly
what they think is a reasonable price, will help you work out what the seller’s
expectations are, and, by checking with the prices of comparable properties,
whether it’s a reasonable expectation, Boehm says.

5. Let the
agent know if you can move quickly

“If you go to an agent or seller
and say, ‘we can exchange a contract within two days’, then that’s always looked
upon as good, because it means your offer is not subject to finance,” Gibson
says. Submitting a signed contract with a deposit cheque with your nominated
price is often a way to ensure your interest is considered very seriously, he
says.

6. Find out if there are any problems with the
property

If the agent knows about any problems, he’s obliged to tell
you, Boehm says. “Does it need restumping? Rewiring? If it does, and you are
still interested, get a property report, find out how much it will cost to
repair these problems, and then knock the cost off the price.”

7.
Test the water

Make an offer lower than the asking price to glean
information from the response. “Not all sellers are greedy, and often they are
happy to sell,” Gibson says. “Everyone has different expectations. This way you
will determine their bottom line.”

8. Use your
manners

There’s no advantage is using dirty tactics or being
annoying, Gibson says. “Always try to be professional and establish a good
rapport with the agent. Agents like dealing with people they
like.”

9. What is and isn’t included?
“Be perfectly
sure of what you are buying,” warns Boehm. “Sometimes vendors might take away
all the light fittings, or ornamental garden features… If they start taking
stuff away, you could say, the price will have to go down. You don’t want to pay
for something you’re not going to get!”

10. Don’t act too
attached

If you are not emotionally attached to a property, tell the
agents you have offers on other properties, Gibson suggests. “That may speed up
the owner’s decision-making process,” he says.

Also, asking, “What other
properties do you have in this price range?” indicates that you are not
desperate to buy this one property, Boehm says. “And that might help bolster
your negotiating position.”

11. Get help
Finally, if
you don’t feel like you’ll do a good job of negotiating, think about paying
someone else to do it for you. “Buyers’ agents are great if you don’t have the
confidence to negotiate with sellers,” Boehm says. “They will also do some
market research and determine what they consider is a reasonable price to
pay.”

Posted in Elders Home Loans - Alice Springs | Tagged: , , , , , , | 5 Comments »

Statement by Glenn Stevens, Governor: Monetary Policy Decision

Posted by Katrina Parrington on March 6, 2012

At its meeting today, the Board decided to leave the cash rate unchanged at 4.25 per cent.

Recent information is consistent with the expectation that the world economy will grow at a below-trend pace this year, but does not suggest that a deep downturn is occurring. Several European countries will record very weak outcomes, but the US economy is continuing a moderate expansion. Growth in China has moderated as was intended, but on most indicators remains quite robust overall. Read the rest of this entry »

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Pundits predict further RBA cash rate cuts

Posted by Katrina Parrington on January 17, 2012

The Reserve Bank is likely to slash the cash rate back to 4% in February as a result of benign inflation figures heading into 2012.

TD Securities head of Asia Pacific research, Annette Beacher, said that ‘contained’ inflation in the final months of 2011 and the global market would force a cash rate reduction.

“Inflation tumbled over the course of 2011, paving the way for the RBA to shift monetary policy back to a neutral setting in the final months,” Beacher said.

“As we anticipate many more months of global financial market ructions due to the unravelling European debt crisis, as well as underlying inflation dipping beneath the bottom of the RBA’s target band, we expect a 25 basis point reduction in the cash rate to 4 per cent at the 7 February RBA Board meeting.”

Beacher said should the board choose to hold the cash rate steady in February, the rate would still move some time by mid year to 3.5%.

The TD Securities- Melbourne Institute Inflation Gauge rose 0.5% in December, following a 0.1% rise in November, a total rise of 2.4% in the twelve months to December.

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Statement by Glenn Stevens, Governor: Monetary Policy Decision

Posted by Katrina Parrington on August 2, 2011

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

The global economy is continuing its expansion, but the pace of growth slowed in the June quarter. The supply-chain disruptions from the Japanese earthquake and the dampening effects of high commodity prices on income and spending in major countries both contributed to the slowing. It is still not clear how persistent this slower growth will be. The supply-chain disruptions are now gradually abating and commodity prices have softened of late, though they generally remain high. In China most indications suggest only a mild slowdown so far. Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Statement by Glenn Stevens, Governor: Monetary Policy Decision

 
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