Looking into investment property?

Mortgage Watchdog can save you money!

If you have an investment property or are considering an investment property chances are you will have at least two mortgages. Sure an investment property is a fantastic way to build wealth and reduce your taxable income but were you aware that your investment property could be costing you a fortune in ways you never imagined?

If you have an investment property and are carrying multiple mortgages then you have at least double the exposure to mortgage errors.

If you have a ...

- mortgage
- line of credit
- off-set account
- personal loan
- overdraft
- business loan

Chances are that your lender actually owes you money. It has recently been revealed in a survey conducted by the Sydney Morning Herald that over 50% of bank statements have mistakes in them and hundreds of thousands of Australians may be affected. Owning an investment property naturally exposes you to a much greater chance of becoming a victim to these errors.

More information on mortgage errors when investing in investment property.