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Vendor Reports – Let the Buyer Beware

What reports might a vendor supply?  They comprise a number of important pre-purchase property inspection reports, including: 1. Building inspection report 2. Pest inspection report 3. Survey report For more information check Fair Trading NSW website … http://www.fairtrading.nsw.gov.au/ftw/tenants_and_home_owners/buying_property/property_inspections.page The usual protocol is for the potential Purchaser to commission these reports by independent inspectors prior to…

ant team work help guide build house pest control inspection
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Is a building & pest inspection tax deductible?

The simple answer is NO – not in the way you’re expecting.  When buying an income producing investment property, the expenses associated with it’s purchase are treated differently to later repair, maintenance and ongoing management costs. Many of the upfront costs are considered what we call a ‘capital cost’. These include stamp duty, conveyancing costs and…

property
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Super funds targeted in Shorten’s housing affordability package

Labor will promise to ban direct borrowing by self-managed superannuation funds, as part of a housing affordability policy released, writes… Michelle Grattan, University of Canberra Labor will promise to ban direct borrowing by self-managed superannuation funds, as part of a housing affordability policy released on to pre-empt the government’s package in next month’s budget.   …

Sydney melb
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30 things to know about the Melbourne, Sydney and Brisbane property markets

A quick 4 minute read. Here’s what going on in the 3 biggest Australian property markets at present: 10 things you should know about the Melbourne Property Market: Sales volumes continue to rise.  Both house and attached dwellings values are rising. The median house sale value is $770,000 and the median attached dwelling sale value is $564,000. House…

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