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Tracey’s Property News
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Dealing with Damaged Fences
Damian Collins writes a piece about damaged fences in an article for the website Property Update. The article takes us inside what we need to know about damaged fences as property investors. What happens if owners on both sides of the fence have disagreements? Who can be held responsible for the damage? What financial shape…
Tagged: home inspection -
Sydney’s Auction Clearance Poor for Third Consecutive Week
If the Sydney auction clearance rate is any reflection of the property market on the whole, its third consecutive poor week suggests that the growth rate, in sync with the expert opinion, might just begin to mellow down from here.
Tagged: sydney property market -
Change in Lending Rules Not Needed For Now
In an article for the website The Adviser, Nick Bendel talks about mortgage broker heads going ballistic over the proposed introduction of the new lending rules. The Reserve bank of Australia feels that the property boom in Sydney and Melbourne warrants a change in lending rules.
Tagged: mortgages -
A Primer on Mortgagee Sales
The mortgagee or the lender holds the right to the sale of a property if the borrower does not fulfil his end of the mortgage commitment. Of course, this does not happen unless the mortgage default is severe or the borrower is in no position to pay back the debt. Such type of sale is…
Tagged: mortgages -
Understanding Capital Improvements Deductions
When you come across a statistic which claims that $17.5 billion is resting unclaimed in the coffers of the ATO, you begin to ask yourself, “What’s on the investors’ mind?” The fact that our average claim is close to a meagre $3,000 does not help the matters any either. And to think, we fool ourselves…
Tagged: sydney property market -
Where Do Many Property Investors Err?
There are innumerable (I am taking literary liberty) property investors in Australia but how many of them manage to get their portfolio past 2 properties. And if they fail, what might be the reason for their failure?
Tagged: property investing
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