first home buyers Archives - Page 1

Revealed: Exactly What To Look For In A Buyer’s Agent

select buyers agent
Buying a property in Sydney becomes so much easier with a good buyer’s agent by your side. In fact, even though I am a buyers agent myself, I engage a buyers agent when I buy property, because that takes the emotion out.

However, you want to be careful with who you choose. Not all buyers’ agents are “created equal”.

Here are the most critical elements to look for when you screen your next buyer’s agent:

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Does it really matter if my buyer’s agent comes from the area I want to buy property in?

local buyers agent

We probably all know that a buyer’s agent can be a great asset when it comes to buying a great home.

But does it matter if your buyers agent is local, or is it more important that he or she is a fantastic person, no matter where they operate?

Find out why you need to find someone who lives, breathes, and understands your local area. And why it’s one of the most important things to take into consideration when selecting a buyer’s agent.

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Consequences of buying a “bargain” property

consequences of buying cheap homes

Thinking of buying a home or investing in a property? There is always that chance you end up buying a bargain property.

Buying for a much lower price, however, often comes with surprises. There are basically three terms you will hear when it comes to low priced properties in Sydney and elsewhere in the country:

  • Buying a discounted property
  • Buying a property under market value
  • Buying a bargain property

Let’s have a look at these in turn, and what to be aware of.

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5 Key People To Ask for Real Estate Investment Advice

real estate investment advice from financial advisorIn a world where generic real estate queries are just one Google search away, it’s nice to know that there are still people out there who can give you personalised real estate investment advice.

Before buying any property, you need to be well-informed about your personal options. Your financial capacity, the property’s investment potential, among others.

I’ve listed five essential people you should seek advice from before making a property investment:

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First Home Buyer Number Hits 10 Year Low

first home buyerAn article for the website Your Investment Property talks about the dwindling number of first home buyers. December 2014 witnessed a further fall of 0.1% in the number of FHBs going for new home loans. Their stock is at the lowest in the last 10 years or so.

While there was some relief when the bureau conceded reporting the numbers erroneously, the adjusted figures give little or no cause for delight. There is a consensus that the poor FHB performance can be put down to a good show by investors.

You can read the original article here.

Investors Shoot Up, First Home Buyers Fizzle Out

first home buyersHome loan commitments to owner-occupiers have reached its monthly peak, calculated since October 2009.  Both refinance and non-refinance commitments are trending much higher over monthly and year to year indices. A disturbing trend, however, is the marginalisation of the First Home Buyers (FHBs).
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Best Way of Approaching your First Home

dream homeAre you feeling stuck for ages at your parent’s place? Do you think you have blown enough on rent? Or may be, the idea of home ownership has started making its way into your dream figments. Newsflash: you can own your own home and why not- don’t we have the highest percentage of home owners on the planet? In fact, for reasons more than one, 2014 seems like the best time to fulfil your ownership ambition.
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Finding Enough Financial Muscle for Your First Home

first home buyerFirst home buyers are not serving too many aces these days. While I concede they are taking a beating from a very accomplished adversary (the investors), they are worsening matters by making a lot of “unforced errors”.

Australia, statistically, has the highest percentage of home owners on this planet. Need it be said then that you may be harbouring intentions of participating in this great Australian dream, too. If yes, do not but treat it as the most important decision of your career, one whose implications will be spread over the next decade, at least. Let me take you through the Dos.
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Micro-location of a Property Just As Significant

micro-location of propertyInvestors love the ring of the term Capital Growth; the way the term melts in their mouth. Having said this, capital growth is not always there for the taking. Achieving it needs a few hard measures, a lot of Due Diligence and a disciplined, investment-oriented mindset. It goes without saying that you have to choose your property in right suburbs but is it all you need to do? Let us find out.
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Buying A First Home Remains A Possibility

first home buyersStrong investor activity in the First Home Buyer segment means that the dices are loaded against that 28% population which is yet to own a home. Already, they are feeling ‘hammered’ auction after auction and to add to their plight, media is pronouncing the last decline of the first home buying fraternity, guided by statistics which show lowest level of FHB activity this quarter since the time records are being maintained.
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