On the 1st of July, a system called “comprehensive credit reporting” was implemented by our four big banks. Comprehensive credit reporting means banks now get a clearer picture of a person’s ability to pay a loan because both the positive and the negative aspects of a person’s credit history is included. Before this was introduced,.

You probably think that a lick of paint here, mending a dripping tap there, bit of tidying up of clutter and getting fresh coffee on the go on the morning of an inspection is enough when it comes to putting your property on the market. Or maybe you think that emptying it completely, giving the.

While established properties have the security of a proven rental history and a known desirable location, canny investors are seeing value in building their own and are looking to house and land packages. It’s not hard to see why. For one thing, new houses often attract better tenants, and tenants love new homes; they’ve got.

From the practical to the ‘must have’, if you’re thinking of selling your house this summer, here are some features currently in favour with the Aussie homebuyers: Sustainability With an increasing awareness of our environmental footprint and rising energy costs, sustainability is increasingly becoming important. Over the past couple of years or so, we’ve found.

After deciding to sell your house, choosing the right real estate agent to trust with your sale is probably the next biggest decision you’ll have to make. And there are a few of us to choose from in the Newcastle area! We believe a real estate agent is representing both you and your property, and.

We are living longer, divorcing more, but on the positive, marrying more too! However, the knock on affect is we have complex webs of financial and family arrangements. Death and taxes are the two things we’re assured of in life apparently, and when a loved one passes away, all those complicated financial webs can suddenly.

From helping you with researching an area for finding out what’s been sold to designing your own kitchen, there are some great websites and apps to help with investing in property. Here are a few of our favourites: Help with background research propertyvalue.com.au Property Value is a new product from CoreLogic (formerly RP Data), the.

One minute the house is packed with the kids and their friends…..the next the kids have gone and you’re rattling around in the family home. Downsizing is a sensible and positive move for many reasons; it will free up some capital so you can do some of the things you’ve always dreamed of doing, and.

Keeping your tenants safe and your property legal is all part and parcel of being a landlord. The NSW legislation on smoke alarms is very clear – alarms must be installed in all buildings in NSW where people sleep. The smoke alarms must meet the requirements of Australian Standard AS 3786, Smoke Alarms. While the.

Thanks to the Australian Prudential Authority (APRA) loosening restrictions on how mortgage lenders assess a customer’s ability to meet repayments, first time homeowners have just received another helping hand to get them on the property ladder! Generally, the industry standard for banks to evaluate a home buyer’s borrowing capacity is based on a minimum interest.