We’re in a hot property market at present, with more buyers looking to buy good properties than there are dwellings on the market, and selling agents are being overwhelmed with buyer demand, so how do you get a real estate agent on your side? Remember, the real estate agent works for the seller, and they’re…
The lion’s share of your property’s value is in the land, therefore you should always buy houses rather than apartments. Have you heard that one before? It’s an oldie but a goodie and harks back to those days when everyone believed a house on a quarter-acre block would always be the most sought-after property. Generally…
![Did you know these 15 things about coffee? [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/09/coffee-270x200.jpg)
Did you know there’s much more to coffee than its energy-boosting properties? This infographic will highlight 15 interesting things you should know about caffeine – both good and bad: Source: http://www.designinfographics.com/health-infographics/15-things-you-should-know-about-caffeine
When making any type of property purchase, it is very important to buy the property below its “Intrinsic Value.” I want to stress, that buying below a property’s Intrinsic Value is very different from buying below the Market Value of a property. Buying below Market Value Buying below “Market Value” has massive appeal for owner-occupiers…
Are you wondering what your serviceability is and how banks calculate it? Well…if you’ve been looking for a loan for your home or investment property, I’m sure you’d have come across the term “serviceability.” When taking out a loan, the amount your bank will lend you will depend on a few things. Along with your…
In recent weeks I have noticed something interesting when speaking with potential clients. More specifically those who are existing homeowners and perhaps have one or two investment properties. Their homes have performed strongly on most occasions, but in many cases, their investment properties have struggled and in some cases, fallen behind. It got me thinking,…
With all the talk about homes being unaffordable and with capital city property markets achieving record price growth, first-home buyers and indeed, first-time investors must save up a hefty deposit to get a foot on the property ladder. Many are finding it difficult – because there are a lot of sacrifices involved. Essentially, they must…
In today’s fast-changing property market, one of the common questions I’m asked is “How much is that property really worth?” Obviously, that’s a good question – no property investor or homeowner wants to overpay. For products that are plentiful, transacted often, and largely the same as each other, determining market value is really easy. But…
Okay, so you’ve decided that you’re tired of living in your rental property or with mum and dad. You now want to become one of the millions of Australians who own their own home. So now what do you do? Here are 12 basic steps: 1. Check out your financial position First, you need to…
While some very fortunate parents may be in the position to buy their children a house outright, this is certainly the exception and not the rule. And, yet, all parents are likely to cast a cautious eye over property headlines as they ponder… How will my children ever afford to buy a home? With property…
