Weekend sales results indicate what we have been predicting for sometime now. It is on the move up again due to lack of stock and the very low cost of finance. Auction results (only 30% of total sales) show a high percentage of sales are being made. Here is the...
Interesting to read Terry McCrann in the Herald Sun this week where he commented that the seriously low interest rate will have investors going into property and shares. We are anticipating the market will rise and have been saying so for months now. The basis to our...
Agents are increasingly using the “off market” process to sell residential properties. An example of this is suggesting auction to a vendor and then recommending a 2 week “off market” campaign as part of the marketing package to find a buyer from their database. So,...
“Off the Plan” buyers of residential property should be aware of the ramifications of “The Sunset Clause” It relates to the time given for the developer or builder to complete a project. In some cases the contract provides 5 years for completion which is a long time...
The move to new premises or indeed a retirement situation can be troublesome. Delays are common so the need to be regularly updated by a builder or retirement facility management is vital because there is a need to sell and settle the sale of existing premises. The...
There are many pitfalls to buying “off the plan” including settlement value, actual room sizes and timing. As far as settlement value is concerned expect any lender to value the finished or near finished property. It is not uncommon for valuations to be lower than a...
Selling your home can be quite a daunting task especially if you have owned and lived in it for most of your life. It can be a particularly stressful and emotional process as there are many things you have to consider. Get 8 tips on helping you sell
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