7 common mistakes Sydney property buyers make Mistake #1 They don’t have time to tackle such a big decision Time is the new commodity. You can make more money but you can’t make more time. Searching and looking at property takes a lot of effort and time. Making sure everything is done with due diligence [...]
Should I consider negatively gearing my next investment purchase? on December 7, 2015 Negative gearing is a practice where an investor borrows money to acquire an income-producing investment property. The expectation is the gross income generated by the investment is at least in the short term to be less that the cost of owning and managing [...]
Tips to buying well as the Sydney property market cools So, the rumours are true, the Sydney property market is starting to cool down. Sydney wide Auction clearance rates have steadily declined since May 2015, from 89% to just 59% this weekend. What this means is that vendors are not getting the price they want [...]
How the new underquoting laws affect the buyer As of January 1st , 2016 there will be new legislation that will endeavour to rule out unscrupulous underquoting practices across NSW. I was present at a training session run by the REINSW with 50 or so selling agents and Principals. Underquoting has been a bug bare of [...]
Downsizing in a hot Sydney property market An exciting brief for us recently involved the searching, selecting and securing of a home for a lovely couple who are downsizing from the North Shore. They had already sold their property in Cremorne at the top of the market and were feeling very nervous about the fact that [...]
How to make money in a hot Sydney property market! A client came to me wanting to buy a 2 bedroom apartment in the Eastern suburbs. He had a budget of $850,000! His brief was a modern kitchen, parking and close to transport. So, I started looking more on the outskirts of the east – [...]
6 Steps to buying a great investment property With the stock market being so hot and cold and interest rates at an all time low, I believe property investing is still a great place to park your money. In 2014 & 2015 there was an influx of investors so much so that APRA had to [...]
Choosing the right buyers’ agent Choosing the right buyers’ agent… Mankind’s basic need for shelter has now become a very competitive space. If you haven’t entered the market for a while or are just starting a property search you may consider using a buyer’s agent. In countries such as Canada most buyers only look at [...]
Where is the next area in Sydney property? If you have lived in Sydney your whole life you may have heard your parents say that ‘back in our day nobody wanted to live in areas like Paddington or Balmain’. Gen X or younger find it impossible to believe that people would never want to live [...]
What is a Pre-settlement inspection? What is a pre-settlement inspection??? The purpose of a pre-settlement inspection is to ensure that the property you purchased looks the same as it did on exchange of contracts. A good thing to keep in mind is that we are not all the same and cleanliness levels differ from person [...]
