In an article for the website realestate.com.au, Paul Thornhill talks about a great start to the property market in 2014 but also asks us to be wary of the figures, for they may flatter to deceive. Thornhill gives a few reasons why the summer figures are too good to be true.
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Modernist Designs Get Their Due
Modernist symbols like glass and steel can be procured cheaply by manufacturers and the fact that they lend to the needs of uncluttered spaces and purposeful designing makes modernism a much liked concept today. In an article for the website realestate.com.au, Holly Jones talks about how we have come to prefer clean and purposeful furniture placement, easy-on-the-eye illusion of space, and uncluttered look in our homes. All of these add to the level of sophistication.
The modernist idea also borrows heavily from the minimalist look- where anything not completely required is left out. Jones is right in her evaluation that this trend may be a direct result of the success of open plan living.
You can read the original article here.
How do you measure Modernist against Bohemian against Traditional?
Pool Fights with Extra Bedroom for Top Honours
I remember commenting on a Michael Yardney article which talked about the distinct tastes of Sydneysiders and Melburnians when it comes to choosing home features for themselves. Real estate constructors have been served well with the knowledge that “public transport access” and “shops in the vicinity” mattered more to Melburnians whereas ‘traffic’ mattered a lot for Sydneysiders.
Of course, the teeming multitudes of both the cities put “neighbourhood safety” right at the top in their wish list. In another article that works along the same lines, Holly Jones, writing for the website realestate.com.au, talks about what features on the property wish-list of Aussies in general.
What It Takes To Manicure A Lawn Perfectly
In an article for the website Smart Property Investment, the troika of Paul Eslick, Justin Eslick and Geoff Doidge (Renovation kings) talk about how a well-laid lawn increases the sale value of a home and makes it easy for appraisers to accord it a higher price tag.
Further in the article, they talk about the technique of manicuring the ground cover. The whole process of “laying out the new turf” is discussed in neat and easy-to-follow steps. The steps are centred around spraying the old lawn, removing the top soil layer, levelling the soil, and laying the new turf.
You can read the original article here.
How much did the perfect lawn manicure raise the price of your property?
Agents Conspire With Sellers To Inflate Prices
No game is short of its share of villains and the great game called the property market also has its fair share of real estate agents who ply their trade dubiously. In an article for the website Smart Property Investment, Stefanie Garber talks about how they conspire along with the sellers to inflate prices of the properties.
LMI Insures Lenders, Not Borrowers
Lender’s Mortgage Insurance (LMI) is there to cushion the lenders and not the borrowers, says Stefanie Garber in an article for the website Smart Property Investment. It is well known that borrowers availing more than 80% succour (of property value) from banks need to get an LMI cover.
This cover, however, aims to indemnify the lender against borrower default. While it is true that the LMI does help the lender/bank cover his/its losses in case of Foreclosure, the insurer asks for the same amount from the defaulting party (homeowner).
This said, the LMI certainly helps buyers fetch property in a coveted area for a very small deposit fee, and then win through its capital gains.
You can read the original article here.
Do you think the premium of LMI is stiff for first home buyers?
