The government-in-coming will do well to abolish stamp duty, says the Real Estate Institute of Australia (REIA). Stamp duty, levied as a traditional property tax, is not only inefficient but also decreases productivity of the nation.
Tracey's Property News
Location Tops The Wish List Of Property Investors
Any client sitting with me for even 10 minutes will hear me spell out the magic word LOCATION at least once. Yes, I give paramount importance to the location of a property irrespective of whether my clients seek it as buyers or investors.
Is There A Way Past Stamp Duty? Not Likely.
Unless you have benefitted from a matrimonial home via the Family Law Act or gained through a gift in Will, you will be at the receiving end of the Stamp Duty storm. Property taxes are pretty high for Australia when compared to other developed countries, suggests Anthony Keane for the website news.com.au
How To Get The Best Mortgage Deal
If a recent survey is to be believed, only 30% of mortgage seekers are doing the intelligent thing. Rest do not find the prospect of haggling for mortgage loans enticing. Yet, truth be told, your haggling capacity has direct impact on the mortgage deal you finally secure. After all, why will mortgage houses offer you lower interests or waive fee unless you ask them to do so (and be persistent)?
Federal Elections May Catalyse A Housing Boom
I remember remarking favourably on Robert Gottliebsen’s recent article about the impending housing boom. On the Business Spectator website I found another piece from him, categorically summing up the possible impact of Federal elections (Coalition is home and dry) on the Australian housing market.