Can you stay positive in a negative world?

If you’re lucky enough to own property in Melbourne or Sydney – you may think you’re sitting on a pretty good wicket.

While this may have been true in the past, the current 20% fall in property prices sees hundreds of thousands of Australian households plunged into negative equity.  In layman’s terms – they’re losing money.

If you were hoping to casually pay off your mortgage with the view that someday you’d make a tidy profit on your investment, now might be the time to panic.  Your asset has become your liability. 

Imagine if the market crumbled indefinitely?  You could be bursting a blood vessel to meet your tight-budgeted repayments in vain.  Sometimes even the best-laid plans are still fallible.

Now would be the ideal time to do some more research.  Perhaps there’s a better way to refinance that ensures you come out on top.

Instead of blindly whacking a large chunk of your income on the home loan each month just to stay afloat, what if you could pay your debt sooner and never have to worry about a trough market again?

If you had the chance to find a little bit of cash to make a whole lot of coin, would you consider it?  That may sound too good to be true, but it does exist.  There are people who have already done the research for you, and with all the due diligence and legalities sorted, it’s a no-brainer!

Look into it now!  Turn your negative fix into a positive future.