If the market is rising or falling in price, the crucial number when it comes to buying and selling is the changeover number. Simplistically, buy high/sell high or sell low/buy low. The market is relevant if you are buying and selling at the one time. Surprisingly, not everyone wins when the market is rising and [...]
As a property seller, it is extremelydisappointing when the price interest in your home falls short of your hopes & expectations. Failing to achieve your price target will happen in one oftwo ways – private failure or public failure. Failing privately means the agent submits the current buyer’s price interest/offers on your property to you [...]
Buying a home is one of the most important and largest financial decisions that are likely to make. Getting it right will result in years of security and happiness from your home. As happy as the right purchase makes you, the wrong purchase can become a painful purchase – both emotionally and financially. Given the [...]
Don’t chase the market down. by Neil Jenman Something terrible is happening to a lot of agents. They’re not making sales. Real estate salespeople are starting to go weeks, even months, without a commission cheque. But if it’s bad for agents, it’s also bad for the people who traditionally pay the agents – the property [...]
Wednesday September 21st 2011, 6:22 am
Filed under:
UncategorizedLike most people, you’re probably confused by the daily bombardment of mixed messages about the state of the property market. Are you finding it difficult to make sense of the conflicting information? Well don’t. The market is going through a transition period where some properties will remain stagnant, others will rise and some will fall. [...]
There are some realities about owning &managing an investment property that landlords should accept before they become landlords. If not, the investment property that was meant to serve you as a rock solid performer can cause unwanted expenses, energy and stress. It is commonly accepted that tenants on the whole will not maintain a property [...]
Many would-be investors are caught out when they purchase an investment property. The reason being the yield is simply miscalculated in many cases, leaving the new investor having to find additional finances in order to cover the mortgage repayments. The stated return in the agent’s advertisement seemed a plausible 6% pa. With interest rates at [...]
by Terry Ryder. creator of hotspotting.com.au Introduction: It’s a buyers’ market but the only active people are sellers There’s more property for sale across Australia than at any time in the past three years. Melbourne, which had relatively few homes for sales a year ago when the market was strong, now has record numbers of [...]
Over the years we have seen thousands of people come through our doors looking for their dream home, only to find it’s out of their reach. These buyers have found it necessary to compromise on their dream in order to stay within approved lending limits. I see this as a good thing. Since the deregulation [...]
