Do you fancy a change in lifestyle and moving to another location? Or simply had enough of managing a big garden every weekend? How nice would it be to reduce, or even pay off your mortgage, and pay for a smaller house, potentially in cash, and have a bit extra left over, either for investment.
With interest rates remaining steady, and you’re thinking about refinancing to buy an investment property, ideally you get pre-approved for a mortgage before you start looking. This will give you a better idea of how much you can afford to spend and will make the property buying process go more smoothly. But with all the.
A recent analysis by realestate.com.au of keywords homebuyers searched for most in 2023 has revealed ‘swimming pool’ is top of the list of the most searched terms – not really surprising given that swimming is practically our national identity! Properties with swimming pools are definitely on the increase. Research carried out by Roy Morgan last.
There are a lot of property investment myths out there, and with nearly 50 years in the business, we’ve seen a few! Here we take a look at some four property investment misperceptions. #Myth 1: Only rich people can invest in property Having cash is helpful when purchasing an investment property but the vast majority.
With combined capital house and unit prices ending 2023 at a new record according to this report, some homeowners are probably thinking now really is the time to move onto the next stage of their lives. While it’s common practice for buyers to make an offer subject to a building inspection report, there are some.
Happy New Year to everyone, and this year we’re starting with a positive outlook; two sets of data have come in this month, new owner-occupier loans the Australian Bureau of Statistics (ABS) and CoreLogic, the largest independent provider of property information, analytics and property, has released its national Home Value Index. New owner-occupier loan commitments.
Every business comes with essential admin and paperwork, and property investment is no different. Paperwork associated with property management comes in different forms. For instance, legal and compliance paperwork includes: Lease agreement Condition reports Inspection reports Safety and compliance such as pool fencing and smoke alarms Then there’s the financial paperwork. This includes the financials.
While some think investing in off-the-plan properties is a complex and risky strategy, there are some substantial benefits and rewards to be had. Key to investing in off-the-plan properties is understanding how the process works and what you need to consider. Read on to find out more! Benefits of off-the-plan properties Depreciation As off-the-plan properties.
While today’s market is favouring the seller, with property prices reaching exceptional prices, people who are putting their property on the market shouldn’t take anything for granted. Here are 6 things owners should do to help them with the selling process and get the best price for their property. 1. Identify potential problems early on.
Many people dream of being the next big property investor – what’s not to like about having a passive income while you kick back and reap the rewards? But buying a property for investment purposes is different to buying one for a home to live in, and it does take a bit more than just.
