Getting a business loan is often an essential step in realising the dream of owning and operating a successful business. Getting your financing wrong, however, can mean chasing your tail for years as you try to fulfil all of your financial obligations.

It may be one of the less-glamorous home loan features, but the redraw facility deserves a second look, writes Adelaide mortgage broker Cliff O'Connell.

Cliff O'Connell of Calder Finance Broking provides a checklist of some easily-overlooked but very important aspects of your next property inspection.