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Buying your first home is a rite of passage for most young Australians. Having a place to call our own is a key part of our psyche so it’s little surprise that first homebuyers are prepared to put in the hard financial yards to turn that dream into a reality. Buying your first home can…
All too often property owners sign up an agent and engage them to sell their property as either their sole agent or exclusive agent without really appreciating the difference between the two. Some investors too think that they should only ever sign a sole agency just in case they sell the property themselves and can…
What will an agent charge to sell your home? While agents fees are deregulated, they tend to vary from state to state. According to an article in The Australian estate agents’ selling commissions are lowest in South Australia and highest in Tasmania which is Australia’s cheapest housing market. Now I’m not suggesting you chose your…
A property transaction is like a big machine, with many moving parts that do different things but should each spin in harmony to get the job done. There’s the real estate agent, responsible for handling the sale of the property. Sometimes there’s a buyer’s agent, who represents the person buying the property. There are lawyers…
Many first-time investors stay just that way — one-time-only buyers, who never progress beyond having that one solo property in their portfolio. This happens for several reasons. An underperforming property, lack of funds to purchase again, and — worst of all — apathy or losing sight of your ‘big picture’ goals are some of the most common ones…
The RBA hasn’t moved official interest rates since August 2016. And it is unlikely that the RBA will raise official interest rates in the next year, but that hasn’t stopped lenders hiking rates out-of-cycle. This week Australia’s fifth largest home loan lender ING has hiked interest rates for existing customers by ten basis points (0.1%.) ING…
The followers of New Thought philosophy hold that we can actually bring wanted experiences and opportunities our way by feeling and believing that they have already arrived. In other words, if we engage in a powerful combination of positive thought and belief we will achieve resonance with those experiences and opportunities we desire and “attract”…
I thought I would try something a little different this week. I am sure you have been bombarded over the years with articles about how to bid at Auction. Today, I am going to suggest a few simple tips you can implement and then show you how it plays out at a LIVE Auction! This…
Our segregated cities keep rich and poor as far apart as possible according to demographer Bernard Salt. Writing in The Australian Salt examined the richest and the poorest suburbs in Australia and concluded the poor are being flung to the city’s edges and the bigger the city, the farther the poor are from the rich….
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 the…
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