The challenging conditions of the current property market have many first-time investors concerned. They don’t want to make a mistake – they realise that jumping in before they are ready could be costly. Do you want to avoid the common mistakes homebuyers make? Well…here’s a list of some of the common things I hear from…
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…
Buying a property can be nerve-wracking, especially for first-timers. Besides taking on the biggest financial commitment in your life, there’s the actual mechanics of buying the property. Most of the time in life, if we want to buy something, we just buy it, don’t we? We don’t really need to negotiate on price (well, except…
When selling our home we all want the best price possible, while the buyer is usually after the best deal they can get. However, in the end, most houses sell for what I would call fair market value — the price a willing buyer will pay, and a keen seller will accept, given that neither…
When it comes time to make big financial decisions, research consistently shows that women more frequently hold the purse strings than men. While this is a positive finding, as women tend to make intelligent, thoughtful, informed financial decisions, it also has the potential to drop an anchor in your investment portfolio’s growth. If you’ve ever…
Beachside towns in New South Wales and Victoria have seen house prices drop by up to $108,000 in the past year as lockdown-driven demand slows down, according to a recent article from View. Coastal areas in Victoria’s Gippsland and Warrnambool regions have experienced the steepest falls in Australia since May last year. Suburbs such as…
Buying your first home has always been one of the highlights of many people’s lives. It’s something that they’ve dreamed about and had to make sacrifices for to make it a reality. The thing is buying your first home is often imbued with emotion, which is understandable, but it’s not necessarily the best thing when…
Millennials who delay buying their first home are putting themselves at huge risk of being long-term renters. But complaining about a lack of affordability isn’t going to get them anywhere; instead, they need to start to turn attitude into action. The fact is: that the number of first-home buyers is dwindling. This is a massive…
Whether it’s your first, your fifth or even your 15th property, nothing quite beats that feeling of excitement that comes with making the decision to put an offer down on a property. That said, buying property can be a long, arduous journey – which is why the real estate agent who is selling the home…
