John Hilton writes an article for the website Your Investment Property wherein he talks about the idea of living “in your dream home” and investing in properties at the same time. You can say it may be a tricky proposition given the way cost of properties is increasing. So let’s not waste any time and look into how Hilton aims to achieve this goal.
Archives for November 2015
Archives
Government Cracks Down On Illegal Foreign Property Investment
In an article for Your Investment Property, Phil McCarroll talks about Government’s crackdown on hordes of illegal properties. The Federal government has now divested 19 properties since introducing its crackdown. Presently, 7 properties have been confiscated and their total price runs up to more than $10 million.
Some of the properties were compliant in the past but given the alteration to the rules of foreign property investment, they have become non-compliant and shall be divested, too. In short, there may be more forced sales in immediate future.
You can read the original article here.
Residential Listings Rise, Buyer Interest Wanes
Phil McCarroll writes an article for the website Your Investment Property where he talks about a big increase in residential listings for Sydney for the month of October. There is a 22.5% rise compared to September and the figure stands at 28,827. This is a three-year high and an 11.6% leap compared to the figure registered in October.
While the number of sellers has increased, the buyer interest has flagged and sellers are expected to have a tough time ahead.
You can read the original article here.
8 Things a Real Estate Agent May Hide From You
Being a real estate agent isn’t always easy. It’s the agent’s job to guide their clients through every step of the purchasing process. This includes finding suitable buyers or sellers, negotiating property sales and closing out deals.
But sometimes an agent prioritises making a sale over serving the needs of their client. They cut corners in order to close out deals as quickly as possible. Some even engage in underhanded tactics just to get a huge payday. This often leaves clients dealing with the repercussions of a bad purchase.
If you’re looking to hire a real estate agent, I suggest reading this article first. We’ve uncovered 8 important things that some agents try to hide from their clients. Check and see if your agent is already trying to pull one of these on you.
Rosberg and Hamilton Duel Like Melbourne and Sydney Real Estate Competition
It is turning out to be quite a battle between teammates Nico Rosberg and Lewis Hamilton. Come the Brazilian Grand Prix on Sunday and Nico Rosberg will start ahead of any other contender from the starting point. In fact, it is the 5th time that Rosberg has grabbed pole position in as many attempts. Hamilton’s pole position in the Italian GP (Monza) was the last time he did so.
Property Investment: 4 Resources That Will Place You Better
You don’t buy houses the way you buy your grocery or fuel for your car. Even the most extravagant investors do not add to their portfolio every day. Making a property investment is a tough decision, even at the best of times. For property investment decisions, Due Diligence is what the doctor ordered. After all, if you have to err, you have to err on the side of diligence. There are at least 4 aspects you need to figure out before making the purchase.