Housing and housing affordability featured strongly in this year’s 2017 Federal budget, with the government sought to address the housing supply issue by: limiting the foreign ownership of new developments to 50%. imposing of a ghost tax for properties owned by foreigners and kept vacant. providing incentives for retirees to down size to create further supply. […]
Comparing apples with oranges doesn’t make sense. To make finding the right loan easier, and to make advertised rates as transparent as possible, we have comparison rates. You’re looking for the best mortgage deal and you see an ad. It shouts ‘3.8% INTEREST!’ and, underneath that seemingly too-good-to-be-true rate, ‘7.9% comparison rate’. What does this […]
Pest inspections are an essential part of the home-buying process. Justin Hammerschmidt, an Inspector at Sydney PrePurchase, share with us what pest inspectors are looking for and how to interpret their reports. Q What pest inspections need to be carried out prior to purchase? A pest inspection, officially known as a ‘Timber Pest Inspection’ should […]
Negotiating the best property price isn’t a matter of swindling a seller. It’s about doing your homework, knowing what you want, knowing the market and making sensible offers. When you are buying property, getting the best price can mean the difference between being able to afford it and having to settle for second best. And, […]
Real estate agents are many things to many people, but their first and foremost role is in sales. This means they’re committed to focusing on a property’s finest features, sometimes using optimistic descriptions that don’t always match up to reality. With this in mind, it’s easy to see how some property advertisements seem to border […]