The process of buying a new home is certainly no walk in the park, and for the majority of people, it’s a numbers game. If you are thinking about buying a new home, you’ll want to acquaint yourself with the following numbers. Familiarizing yourself with these stats for house hunters can help give you that … Read more
If there’s one impact that a booming market such as Sydney often has on investors, it’s to inspire action. Whether you’re a conservative property investor who sits on the fence for the perfect time to invest, or the type of real estate daredevil who thrives on the risk side of the risk-reward ratio, there’s nothing … Read more
While purchasing a property, one will not feel secure by merely signing only the Letter of Offer and Letter of Acceptance, notwithstanding the vendor or the purchaser. This insecure feeling of will persist until the signing of the formal agreement – Sale and Purchase Agreement (‘SPA’). SPA is the main contract governing both parties and … Read more
Despite predictions that our property markets would slow down in 2016, the year has started strongly with more buyers out there looking for homes or property investments than there are good properties for sale, especially in the hot suburbs of Sydney, Melbourne and Brisbane. The challenge with buying in a hot market when the competition is … Read more
Buying a new home can be a legal minefield and, for many, the conveyancing process can be daunting. You may well have a number of questions you wish to ask your solicitor before you embark on this process. 1. How does the conveyancing process work? Conveyancing is the legal process of transferring a property from … Read more
Getting excited about the home buying process and wanting to jump in immediately is a common reaction to most people. Having the realtor chauffeur you around to look at beautiful homes and neighborhoods, holding the door for you, etc. I mean, it feels like you’re a celebrity for a day! However most buyers make common … Read more
You have decided to buy a property. Your obvious next step is to do a property search. People who have bought a few properties before probably know the 5E rule. Others may have used the 5Es without knowing. It is your guide in the jungle of properties. Property Search – The 5E Rule The 5E … Read more
Beach condominiums can be a fabulous lifestyle investment whether you’re an owner occupier or someone seeking a consistent home away from home to lay your holiday hat. However, buying a beach condo in California isn’t necessarily a straightforward affair. A labyrinth of legalities, fees and “in-house” rules must be cautiously examined and weighed prior to … Read more
Here are 10 things to consider before you decide to purchase a high-rise condominium. Dramatic architecture, stunning views, work proximity, resort-style amenities, and customised social activities – these are just a few of the qualities that attract homeowners to beautiful high-rise buildings. However, before you make the decision to purchase a high-rise condominium, here are 10 … Read more
THE biggest “open secret” when buying properties from developer is that developers offer various freebies and rebates. The rebate given by the developer comes in the form of a deduction against the 10% down payment that the housebuyer is required to make. This rebate fluctuates between 3% and up to a full 10%. By 10% rebate, this means that the housebuyer does not need to … Read more
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