With the Reserve Bank of Australia (RBA) opting to raise the cash rate by 25 basis points to 3.85 per cent, and financial institutions tightening up on lending criteria, some may be wondering whether to put their property investment plans on hold. But let’s not look at this current cycle entirely through the economic lens….
Everyone selling a property wants to maximise their profit from their asset, but while it can be tempting to save on the cost of an agent and do it yourself, the savings on the agency fees might not necessarily equate to the best outcome of what could have been achieved. Here are 8 reasons why.
Investing in property is exciting, especially for new investors. Like every financial venture, there are a few things you need to consider. Here are 8 tips to help set yourself up as an expert landlord from day one – and they will serve as a reminder for long-term landlords too. Know the Law From smoke.
Once you’ve made that decision to sell, in order to achieve the best sales price, you need to create a warm and welcoming environment. At the same time, the house needs to be a home, not a showroom; buyers want to buy into the dream of a new home and a new life, so look.
While buying a property with a tenant in place may not be ideal if you are thinking of residing in the property, it may have some advantages if you are buying the property for investment purposes. For starters, you have a guaranteed income the moment you exchange, so you won’t be spending time or money.
Since the World Health Organisation declared a global pandemic three years ago, Australia’s Housing market performance has shown some extraordinary, record-breaking figures. Data specialist CoreLogic’s latest report, “Three years on from the pandemic: is the housing market going ‘back to normal’? suggest some metrics are heading toward pre-pandemic norms, while other parts of the housing.
The past few months have seen a rapid rise in interest rates, and many property owners will be reviewing their finances, and may be looking at their loan options to see if savings can be made. There are two types of loans, fixed or variable. The difference between these two types of loan ultimately comes.
Newcastle and the surrounding areas have been undergoing a lot of regeneration over the past few years, and there are many great housing developments still in the pipeline. If you’re thinking of a change of scene and/or lifestyle, many of these new developments offer some great opportunities. However, there are other factors you may want.
Moving home is high up the list of life’s most stressful experiences. As well as the long list of jobs to do, documents to sign and people to organise, there is often an emotional aspect too, particularly if you’ve been living in the property for several years. From the valuable, and fragile to the heavy.
Life is what happens when you’re busy making other plans according to the American writer Allen Saunders – and life events have a habit of happening when you least expect it. With people living longer and the increase in ‘blended’ families through people remarrying, financial and family arrangements can be a complex web. And when.
