If you’re a millionaire from China and you have decided to bring money to Australian shores, here’s something to smile about: our country would love to have you. If you have any doubts about that, let’s check the stats. Australia offers you permanent residency if you have $5 million to invest in our real estate. You will be startled to see how it compares with global stats.
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3 Important Points about Independent Valuations
Independent valuations can be critical to examining the prospect of your investment portfolio. When you are looking for a fresh finance or a refinance or a subtle restructuring of your debt, the idea is to get an independent valuation conducted. It will give you a wholesome idea of whether the investment can bring revenue or erode your portfolio. Here are a few things to keep in mind about home valuations.
Exposing the Myths of Negative Gearing
Should negative gearing be abolished? My answer is an unequivocal NO. The good point is that people in power will never be encouraged enough to abolish it. The verdict is hung but negative gearing stays and it should stay that way.
What to Look For in a Buyers Agent
You do not want to buy a house on your own unless of course you think you have got the power to tackle all the bits that come with such a purchase. But there must be the “perfect way” when it comes to choosing the buyers’ agents? After all, you do not want to be laden with a person whom you cannot feel comfortable with or whose craft you do not feel too happy about. So, here is what I feel you must look for in such professionals.
Why You Can’t Do Without a Buyers’ Agent
Two questions typically written on the creased forehead of every property buyer are, “Am I paying more than I need to?” and “Am I making a mistake in the way I’m purchasing property?”. These questions are pertinent and finding solutions for them is essential. I think that a simple and a very effective answer to the question is a two word term- Buyers’ Agent.
Finding the Perfect Property
The decision to buy a home is among the biggest one you’ll make in life. When you buy a home without conducting due diligence, you open yourself up to lots of latter-day regrets. The location is crucial. Great properties in the wrong area become average properties. You may ask what defines a perfect locality. For me, any locality can pass the “perfect locality” test if it has the following characteristics: