Can I even? Ever thought this? Can I do anything at all? Is it possible for me?
Take a look at some outstanding stories.
Some people we have helped
Our favourite question is "can I do anything at all"? It also comes as "are we close to being able to do something", and "is there any chance for me?" There's nothing like making peoples dreams come true.
We have helped people from all sorts of circumstances & there's a good chance we can help you too - at the very least we hope to come up with a plan for you to get where you need to be for approval.
Some of these stories may inspire you to give your dream a try, obviously the names have been changed - but you get the picture.
Getting back into the property market!
As a single mum, raising her son in the Sydney suburbs, Kara was facing some challenges getting back into the property market following her divorce. She didn’t have a large deposit, there weren’t many affordable property options in her area and her loan term would take her into retirement. After sharing her circumstances and aspirations with us, Kara was surprised when she wasn’t immediately met with resistance but with ‘Yes! This is possible.’ That positive response not only gave her encouragement, but she felt confident and empowered that she would be able to purchase a house on her own.
We helped her put together a watertight plan with excellent supporting documentation. After crunching the numbers we were able to present the lender with a strong exit strategy, showing not only that she would be able to make greater contributions once her son has finished school, but also how she would be able to continue making her repayments after retirement, predicting her superannuation would be twice the remaining loan. We found the right loan with an offset account to allow interest savings while keeping her loan statement clean.
The final obstacle was that the property market was simply not affordable in the area she wanted to live with her son. This didn’t leave her without options, however, and we were able to suggest a solution that would benefit Kara in the long run. We presented an alternative idea of investing in a property in a more affordable location with a lower deposit and lower repayments, which would still allow her to return to the property market and also provide her with a suitable home and location for her to retire to once all was paid off. Taking this advice onboard, Kara was able to purchase a house in a regional area which she now lets out to a single mum with her son. With the help of our team, Kara has been able to not only secure her own future, but also provide economic accommodation for someone just like herself and inspiration to others in her situation who think that there are no option left for them.
In August 2012 after recognising that I wanted to take my unique, personalised style further I decided to create Two Red Shoes, immediately setting myself apart with a distinct attitude and approach that hasn't failed me.
I knew, for instance, that it's the wives and mothers who are balancing the budget and making the financial decisions in most homes, and I knew that I was just like them and could better understand what our concerns were, what we needed to look after and how we want to be looked after. I knew also how to combine the little elements from other disciplines that make huge differences in affordability or structure.
Three years down the track my team has grown, my approach has been refined and a new brand is launched, and I couldn't be happier with the wonderful people I work with, my team - and you, our gorgeous clients.
Peter and Kylie are first home buyers would like to buy their first home, but they have a couple of car loans & this would make the repayments a bit challenging. Both have good jobs and an opportunity to move back home to help them get a start.
They do this, and commit to knocking down their debt – which, with a little inspirational attitude, they do in record time – and continue to save. Sydney can be a challenging market to out-save and while they do build up a hefty deposit pretty quickly, mum and dad also offer to guarantee a portion of their loan to boost their savings.
I often say if I had to pick a hobby I would probably choose to do exactly the same thing - I love the complex maths challenges, the putting together of a puzzle and making peoples dreams come true.