Category: Real Estate News and Advice

Cashing in on the mortgage boom

Broker-originated home loans reached record highs towards the end of 2020, according to mortgage broker eChoice. Data commissioned by the Mortgage & Finance Association of Australia and researched by CoreLogic estimated that $57.47 billion of new loans were settled by 18 leading aggregators. “With great wealth comes great responsibility,” Bill Gates famously quipped. So, how...

What to look for in a home inspection

When buying a property, doing your homework is all-important. An initial home inspection is the first step. But where do you start and what should you inspect?   Tick all the right boxes for legal clarity and peace of mind with our must-do checklist for home inspections. Inspection checklist  Ensuring that the property is sound and...

Buying property through self-managed super funds: what you need to know

If you’re considering setting up a self-managed super fund (SMSF) to invest in residential property, it’s important to understand the rules, risks and costs involved. An SMSF is just that, but there’s more than one manager and multifarious financial commitments, legalities and responsibilities. The Australian Taxation Office states that the difference between an SMSF and...

Using free market appraisals to your advantage

Go to your letterbox and, most weeks, householders will find an offer of a free market appraisal from one or more real estate agents.  Designed primarily as the first contact point in what agents hope is a lifelong relationship, the obligation-free quote can be a positive experience for interested parties, depending on how it is...

Child-proofing your home

Bringing up babies and toddlers is challenging enough in the outside world. Your number one asset warrants the highest level of protection in all environments, but particularly on the home front. Help is at hand With sound advice, the right safety measures and surveying your young charge under an ever-watchful eye, you can safeguard your...

Bridging finance: what it is and how to use it

Imagine that your dream home is up for sale and you can’t live without it.  The only problem is that your current home isn’t even on the market, never mind sold.  But don’t lose hope. Bridging finance can be the answer to your property aspirations, provided you meet certain criteria. Bridging finance or a bridge...

Practise makes perfect before committing to a loan

Buyers are being warned not to succumb to temptation and borrow beyond their means. As record-low interest rates in Australia attract first-time buyers to the property market at their highest level in years, the Federal Government is relaxing the responsible lending laws in place since the global financial crisis of 2008. The free flow of...

Homebuyer must-haves: the 2021 top 10 wishlist

The COVID pandemic and its extended lockdown periods have altered the way most people live and their must-have qualities when buying a property.  Expectations have drastically changed, resulting in conditions that were favourable to buyers but now are equally rewarding for vendors.  Careful research and advice from industry experts culminate in the top 10 qualities...

Homebuyer must-haves: the 2021 top 10 wish list

The COVID pandemic and its extended lockdown periods have altered the way most people live and their must-have qualities when buying a property.  Expectations have drastically changed, resulting in conditions that were favourable to buyers but now are equally rewarding for vendors.  Careful research and advice from industry experts culminate in the top 10 qualities...

Bidding to win at auction, regardless of the outcome

Whether you’re bidding for a prized piece of real estate or rare work of art, auction results — on the surface — can be a triumph or travesty. The outcome should always depend on the financial discrepancy, rather than an emotional attachment. But how do you navigate the adrenaline-charged auction environment without overpaying, overplaying or...