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There’s a lot of fuss at present about how expensive property is. Truth is it’s even more expensive than most buyers think because there are a number of costs associated with buying an investment property that many investors fail to take into consideration. So let’s take a look at eight of the most common costs…
Once a homebuyer or investor signs on the dotted line there is a bit of a waiting game before the property finally becomes theirs. During that time, there are a number things that can take place, including building and pest inspections if you haven’t done these already, finance approval and conveyancing. There is also something that…
It’s a fascinating time to be in real estate. We’re still hearing lots of good tidings about buyer demand, with property investors playing a big part in keeping things on the buoyant side of the cycle. And interest rates look set to remain enticingly low, meaning a greater number of punters will see mortgages as…
If you are looking to engage a buyer’s agent, it pays to do your research. Investors must be cautious of the motivations of the person they choose to act on their behalf. A buyer’s agent should only be paid by one party – the investor, they should lend their expertise to the benefit of the…
While a growing proportion of Australians believe the ‘Great Australian Dream’ of property ownership is becoming increasingly difficult to achieve, it is not impossible. 72% of Australians believe if they don’t get ‘money-smart’, they will be left behind financially, so many buyers are using different tactics to get on the property ladder and, eventually, into…
The ‘Great Australian Dream’ is a turn of phrase that gets bandied around a lot. But what is the ‘Great Australian Dream’, and does it differ for different people? In a bid to answer these questions, Mortgage Choice surveyed more than 1,000 Australians, investigating their thoughts and opinions on home ownership and whether or not it…
Uncapped income, a plethora of potentially profitable properties at your fingertips and a flash car. What’s not to love about being a real estate selling agent? It’s no surprise many property investors, at some stage in their lives, have considered becoming selling agents. Probably because much of their time is spent searching for properties, inspecting…
Stamp duty is one of those extra costs that is rather easy to forget when you’re buying property but can really add up to your total cost. It is tempting to dismiss it when deciding what you’re willing to pay for your next Investment property but don’t fall into a trap. Depending on the property,…
The well-worn course to selling a property has hit a crossroads. Discount do-it-yourself selling schemes are emerging, and with them, a whole new way to offload property without a real estate agent taking a huge slice off your profit. Digital self-selling companies like Purplebricks and BuyMyHouse are based on the idea that vendors can do…
Thinking of selling your home or investment property? I would like to share a few classic property seller mistakes I’ve noticed. When it comes to appointing the agent who you will work with, hopefully you will have taken the time to choose the best real estate agent. How do you know that they are in…
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