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Should I get financial advice
first?
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It is always a good idea to get financial (and sometimes legal) advice whenever
considering a major asset purchase however it is more important when considering
investing. There are sometimes tax implications that need to be considered, your
aversion to risk needs to be assessed as does your ability to meet ongoing investment
costs from your future cash flow.
Who you choose is up to you but make sure your adviser has the necessary qualifications
to give the type of advice you seek and that they are specialised in this field.
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Mortgage Brokers can assist with loan choice, loan structure, the loan application
process from initial interview to loan settlement and beyond. They are specialists
in their field but ensure that they are a member of a recognised Mortgage Broking
organisation like the Mortgage Finance Association of Australia (MFAA) or the Finance
Brokers Association of Australia (FBAA).
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