Buying your first home has always been one of the highlights of many people’s lives. It’s something that they’ve dreamed about and had to make sacrifices for to make it a reality. The thing is buying your first home is often imbued with emotion, which is understandable, but it’s not necessarily the best thing when
You’ve found the ideal new home – a beautiful established terrace and then comes the shock. The building and pest inspection reveals rising damp. What should you do? You’ll often be able to tell a home has rising damp when you enter, because there’s a tell-tale sign of a with a musty odour. Fact is,
Okay, so you’ve decided that you’re tired of living in your rental property or with mum and dad. You now want to become one of the millions of Australians who own their own home. So now what do you do?  Here are 12 basic steps: 1. Check out your financial position First you need to
The number of first home buyers in Australia is growing, partly due to the slower market conditions in Sydney and Melbourne and less competition from investors. In fact, according to the Australian Bureau of Statistics, the number of first home buyer commitments as a percentage of total owner-occupied housing finance commitments rose to 17.6 per
Buying-a-Property-at-Auction
It is interesting that for most complicated processes that fall outside of our personal experience we are quick to enlist the help of a professional. There are not many people who will take care of their own commercial accounting or defend themselves in a court of law. However, when it comes to bidding at a
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Thinking of selling your property? Hoping to sell for the best possible price so you can fund your next purchase? Of course you are – which is why you need to do everything in your power to present the property in its best possible light. These six factors represent some of the common, yet routinely-overlooked,
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As I’m sure you’re aware, successful property investment involves holding your properties for as long as possible. But sometimes you will have to sell. Maybe it’s because you’ve outgrown your current home – or the opposite when all the kids have left home. Or perhaps, an investment property is under-performing, so you’ve made the wise
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If you are looking to engage a buyers’ 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 buyers’ agent should only be paid by one party – the investor, they should lend their expertise to the benefit of the
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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
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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