Timber floors add value to your property

$100 discount for Optim Financial Clients...

Nothing makes you feel more proud than when your house is looking fresh, clean and at its best. Whether you are getting your house ready to sell, or have an investment property to be spruced up, timber floors add warmth, character, and value to your home.

Hardwood timber floors will match any home decor, and are believed to be the most durable and low maintenance floor covering.  Experience has shown that rooms with a genuine timber floor are generally more admired and appreciated by potential buyers.

Melbourne Red Flooring Company is best positioned to recommend and source flooring products suited to your home and personal budget.  Our one-stop shop services:

• Fully insured
• 10 year warranty on timber floors
• New dustless machines
• Australian Timber & Flooring Association (AFTA member)
• Over 20 years industry experience
• Qualified professional tradesmen
• 7 day service

Please contact Jarlath on 0422 757 020 or emailmailto:info@melbourneflooringcompany.comto arrange a free quote and don't forget to mention Optim Financial for your $100.00 discount.

RBA interest rates

The Reserve Bank has cut interest rates by 0.5 per cent.

The 50 basis point fall comes on the back of evidence the economy is struggling with weaker-than-expected inflation figures released late last month.  The official interest rate is now 3.75 per cent.
It is good news for mortgage holders who were earlier this year hit with out-of-cycle rises by many lenders.
Each 0.50 per cent drop in interest rates slices about $120 off the monthly interest cost of an average Australian mortgage.
All eyes will be on the financial institutions to see if they follow suit. It is possible lenders could pass on a smaller proportion of the official drop to their own customers.
For more information on your proporety portfolio please contact Kerry at Optim Financial 03 9078 2290.

New Team member

This month sees exciting changes at Optim Financial, as we welcome our newly appointed Client Relationship Manager, Melissa Hyunh.  Melissa will bring a wealth of industry knowledge, energy and passion to the business to meet the needs of our much valued clients.  If you are keen to get on the property investing merry go round, Optim Financial has the proven skills and strategies to build your property portfolio, please give us call on Tel 03 9078 2290.

PLAN Australia Diamond Sales Master status 2011

A big congratulations to Kerry Kalendra, who was recently awarded the 2011 PLAN Australia Diamond Sales Master status. Kerry is currently ranked in the top 10 Mortgage Professionals within PLAN Australia. These awards recognise the hard work and determination brokers put in to achieve fantastic results. Succeeding in this current market demonstrates perserverance in taking Optim Financial to the top.  We acknowledge all our clients, business partners and colleagues and thank them for their ongoing loyalty and continued support.

2010 PLAN Australia Sales Masters Results

Congratulations to Kerry Kalendra, our Director, who has just been listed as No. 19 out of 200 brokers, in the 2010 PLAN Australia Sales Masters Results, achieving a Platinum Sales Master Award. These awards recognise the hard work and determination the brokers put in to achieve these fantastic results. Achieving in the current market conditions shows that Kerry has what it takes in planning for business growth, being a leader in the industry and succeeding through changing times.

MPA Top 100 Brokers 2010

The Mortgage Professional Australia magazine recently released the top 100 brokers list in the country, the quality of submissions this year was extraordinarily high - entrants needed to have settled more than $40m of home loans to even qualify.  

Optim Financial are delighted to announce that our Director, Kerry Kalendra was ranked number 55 in the top 100 list.  This high level of achievement is considerably impressive given the size of Optim Financial compared to big name players.  This significant accolade strongly confirms that Kerry continues to perform at the top of his game and is recognised as one of Australia's leading mortgage brokers. 

Optim Financial Director, Kerry Kalendra said, "Of course it is lovely to be recognised but at Optim Financial we are all about making sure we do our very best for our clients, offering exceptional service and support, it is such a rewarding job to be able to help and develop those special client relationships."

Entries for the top 100 list were verified by lenders, aggregators and franchisors to ensure the integrity of the submissions.

Mortgage Brokers to Operate Under New Licence

New laws came into force last month, where anyone engaged in credit advice on home loans in Australia must be registered with ASIC under the National Consumer Credit licensing regime. All mortgage brokers who are registered and want to apply for a licence must do so by 31st of December 2010.

Part of the new regulations will include the requirement of preparing a statement of advice for clients, to assess their suitability for finance. Brokers are a major part of the finance industry and play an even more influential role in the provision of home loans. At Optim Financial we believe these new laws and legislation are a great step forward for our industry. The requirements are essential in providing our clients with greater protection and can only add to the professionalism that you experience at Optim Financial.

Off the Plan properties

Optim Financial is delighted to announce we now have an alliance with several high profile property developers throughout Victoria. Through these alliances we will have an opportunity to offer boutique, off the plan property developments that we believe will be suitable for our client base. There are a number of advantages with purchasing off-the-plan properties and these include:

Immense stamp duty savings
Great diversity
Substantial tax breaks
Excellent depreciation schedules
Current market price for property completed in future
Maximum depreciation benefits applicable to the property
Opportunities to on-sell the property before settlement has been formally finalised

In the coming months we will upload details of available properties for sale as and when they arise.

Investors back in the Market

Figures by Australian Property Monitors show house prices grew by 2.4 per cent in the three months to June, with evidence that investors are throwing money at the affordable end of the market. According to Jason Anderson, senior economist at BIS Shrapnel, Melbourne, leading the nation with 4.4 per cent growth in house prices for the quarter, has had the most benefit from investors over the past 12 months. With the decline of the first-home buyer stimulus and resilience to rising interest rates, investors are playing an even bigger role in the market, taking the place of owner-occupiers at lower price ranges.

We are all aware that capital returns vary according to the market in which we invest and property chosen in the correct location can offer excellent returns. At Optim Financial it is our aim to make your property investment plans become a reality. If you would like to discuss the opportunity to purchase an investment property please contact us.