Capital city rents across the country have increased by 4.8 per cent in the first quarter of 2011 alone, and as a result tenants are struggling harder than ever to save for a home deposit. Entering the property market has become more of a challenge, however many people are finding their way around the increasing [...]
According to recent research data, first time home buyers tend to search the net for ‘‘no deposit’’ home loans. Unfortunately their search is unlikely to yield results. Internet searches for ‘‘no deposit loans’’ have increased by at least 28 per cent since the beginning of 2011. First home buyers would like to enter the property [...]
According to a survey of recent first home buyers, 8 per cent were already considering the sale of their new home due to an inability to repay their loan, 0.6 per cent were in the process of selling, while a further 0.6 per cent have already finalised the sale. 8 per cent of respondents said [...]
Making the shift from renting to having a mortgage can appear to be quite daunting for first home buyers, as it can result in a long-term commitment and an inevitable change in lifestyle. However, there are more positive outcomes related to owning one’s own home. Not only is it a very rewarding goal to attain, [...]
How do you get the best return from your property investment? Do you own or are considering buying an investment property? These helpful tips will aid your decision-making and get you the best return. Apartments Investigate whether furnishing your apartment will attract longer-term tenants or a marked increase in rent. Choose an apartment that has [...]
29th July, 2010
The process for buying a property does not end just because you have your contract. Your real estate agent, solicitor or conveyancer – and you – still have a bit of work to do before you can move into your new home. One of the first things you should do is to measure the block. [...]
22nd July, 2010
If you are buying a house, it is handy to know the jargon. Below are some commonly used terms used in the buying process. Auction of land: A public sale of property where the highest bidder on or over the reserve price purchases the property. Breach of contract: Breaking of any term/s of a contract. [...]