Finance Case Study #1

This week we would like to share a recent client case study. A client came to us seeking a solution for multiple concurrent issues.

1. Our client required a solution for the following:

a) removal of ex-husband from title (she was under pressure to settle)
b) removal of a default inherited from her ex-husband
c) she was in arrears on council rates
d) she was primary carer for her disabled daughter – she wanted to provide financial security
e) If our client was unable to refinance the mortgage and transfer the property out of her ex husbands name, the property may have had to be sold due to being in the separation agreement. This would have ended up with our clients losing their family home.

2. This was the outcome:

a) we were able to help our client refinance with a title transfer
b) cleared arrears on rates
c) when clearing the default we negotiated a $6,000 reduction in the payout
d) secured our clients daughter on the title

As well as finding solutions for the above, the mortgage we arranged saved our client $316 per month on repayments.

Our client left us a lovely testimonial

“Thank you both Maria Lyons & Rebecca Tighe-Cross for converting our complex refinancing situation into a simple solution.

FABULOUS communication every step of the way making a stressful situation stress free! Highly recommend the entire Whitestar team they go above & beyond to find a solution to suit your personal needs. We are so grateful. S K and family.”

For more information, get in touch with one of our expert mortgage brokers. We’re here to help you grow.