It happens to the best of us. Sometimes, you can’t help but have an emotional attachment to the property you are thinking of buying. How could you not, when the location, design, and ambiance of it is just what you are looking for?
As with most investments, it has to be seen for what it is, and not always on how you feel about it. Here are some tips to avoid emotional attachment to property:
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The housing market in Sydney is clearly moving lower.
Sydney property prices are now 4.2 per cent lower than in June 2017. Our harbour city is leading the country’s property downturn.
Nobody has a crystal ball. However, given the volatile state of the Sydney housing market, the stakes are getting higher.
Are you sure you are investing in a recession-proof home?
Let’s find out.
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:
Let’s have a look at these in turn, and what to be aware of.
To say that Sydney’s rental market has exploded in recent years is an understatement.
Demand remains high, despite the number of rental properties increasing by over 800 percent since 2010—which would normally prompt prices to drop.
But what’s the real reason behind Sydney’s ability to defy the laws of real estate supply and demand?
There has been a lot of talk in the real estate industry lately about a few agencies deliberately under-quoting potential buyers.
But just how prevalent is this illegal technique and how does it affect you?
Buying investment property is serious business.
Before you actually make the jump, there are several critial questions that you have to answer. Especially one of them is often overlooked.
One of the biggest risks of purchasing property is cash flow. Loan repayments, specifically, tend to be an intimidating factor among interested real estate investors.
Why? Because unforeseen circumstances could ultimately lead to investors losing their portfolio.
This could be prompted by unexpected job loss, or if and when serious health issues come up that prevent you from earning our regular income.
To help address these very real risks, it’s important that you are prepared. Safeguard your property portfolio. Following are some key points that eveyr property buyer should keep in mind:
Do you want to know why Luxury Home prices will keep going up in Sydney, irrespective of local conditions?
I just read an interesting article by Robert Frank at msn.com.au that outlines just that.
You’ve worked hard for years and now you have a bit of money saved up for investments. Like most Australians, your top of mind investment option is in real estate. This is not at all surprising as it is one of the best ways to secure your financial wealth.
Good real estate investments have yielded high returns to most people in the past. You want to find the right moment to dive in and get into the game. But with current property prices, you ask yourself: is it wise to invest in Sydney property now?
Property Spruiking Strategies That Are Too Good to be True
The real estate industry is a competitive field. To stand out, businesses employ different marketing strategies to entice more buyers to purchase a property.
And it’s probably because of this, that some businesses end up walking a fine line between promoting their properties and spruiking them.
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