Valuations are an essential aspect of the property investment game, with the potential to either help your portfolio prosper or stop it dead in its tracks. Financing a new purchase or restructuring or refinancing your existing debt are generally the main reasons for a property investor to have their assets valued. Because the result of…
When it comes to selling property, everyone wants the best price for the lowest possible expense. But how open to negotiation is your real estate agent likely to be? In this article, a group of experts reveal the pros and cons of haggling on costs and strategies to do it well. Picture this – you…
Whether you’re a first-time home buyer or property investor, our online calculator allows you to be aware of the costs involved in buying or selling a property before embarking on the lengthy and expensive process. In the meantime, I’ve put together all the information you might need on costs involved in buying and selling a…
What’s happened to your home mortgage bill over the last year? The interest bill on the average $580,240 owner-occupied home loan is $792,693, meaning the true cost of the typical home loan in this country is $1.37 million, according to financial comparison site, Canstar. The analysis is based on the Reserve Bank of Australia’s average…
The perfect storm of skyrocketing living costs, stagnant wages, and rising house prices has made the Great Australian Dream feel more like a mirage for many. What’s a would-be homeowner to do? Enter rent-to-own (sometimes called a rent-to-buy) home schemes, a rather nifty alternative that is popular overseas has been starting to gather some momentum…
Who do you ask for property advice – whether it’s for your next home or a property investment? Let me tell you who not to listen to – don’t take advice from reality TV shows! In fact working with inexperienced or unqualified self-styled “property experts” can result in buyers purchasing a dud for an overinflated…
Buying an investment property can be both an exciting and stressful time. Ultimately, choosing the right investment property comes down to your investment plan, but also knowing how much you can afford and understanding what is available to buy. This is especially the case at a time when property stock is low and prices, although…
Are real estate agents honest, do they bend the truth or are they just trying to do the job without being sued? Have you ever wondered why real estate agents have consistently had a bad reputation? In my experience of working with many different real estate agents, I have come across the good the bad…
Do you want to buy an investment property but don’t have the cash readily available for a deposit? The good news is, if you already own a property, there is a way of buying a second home using equity instead. So if you’re wondering how equity works when buying a second home, read on and…
Understanding the life cycle of homeownership can provide insightful perspectives on real estate trends and consumer behaviours. Property ownership isn’t a stagnant phenomenon. Instead, it’s a dynamic process that evolves with our changing life stages and circumstances. In the real estate market, roughly 50% of all transactions each year come from existing owner-occupiers moving to…
