Whether you’re a first-time homebuyer, a seasoned investor, or simply curious about the nuances of property transactions, the terminology used in the real estate industry can often seem like a foreign language, leaving many feeling overwhelmed and confused. This guide to some of the most frequently used terms has been designed to help you speak…
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Property investors will soon discover that property management fees are one of their highest financial expenses. While this expense is tax deductible and investors aren’t legally required to engage a property manager, interstate or overseas investors in particular will find their lives far easier with one. Here’s why. Property manager tasks Property managers ensure investors…
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Insurance claims can be a tough part of the cleanup process if you get hit with a natural disaster. If you live in flood, cyclone or bushfire-prone areas, it is wise to ensure you have the correct insurance cover, and that it is up to date. Coverage in high-risk areas can also come with a…
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Mulching is a key task for all green thumbs , but why do gardeners love mulch? Easy. It’s the perfect combination of plant defender, weed deterrer, moisture protector, soil guardian, temperature regulator and garden beautifier. Yes, all these qualities can be found in highly scented bags from the local nursery or garden warehouse. Be warned…
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Winter is upon us and, with the new season comes a need for extra light throughout the homes, especially for those living in cooler, darker climes. This makes it an ideal time to install new lights throughout, while potentially also giving your home a new look and feel. But can homeowners undertake such installations themselves?…
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Brilliant for their gorgeous spring colours, bulb flowers will bring joy to every green thumb, in far more ways than one. And it’s the season right now to plant these special flowers. Bulbs are a surprisingly tough, set-and-forget plant which will thrive in pots and in all types of soil. They can be grown successfully…
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Approvals for residential apartments have fallen into a slump, according to the latest figures from the Australian Bureau of Statistics. While approvals for private residential homes rose 10.7% or 12,520 homes, the number of apartments going ahead fell by 24.9%, according to the seasonally adjusted figures for February. This means there were 3,771 fewer apartments…
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The opportunity to take part in a shared equity initiative run by Canada’s federal housing agency has closed, reducing assistance options for first-time buyers. Canada Mortgage and Housing Corp wrapped up the program, called the First Time Home Buyers’ Incentive (FTHBI), on March 31 and will no longer accept applications for assistance. Established in September…
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The big question Canadian homeowners continue to ask about the real estate market focuses on finance rather than the quality of available homes, the best locations or the most profitable areas for investment. Instead, agents at our brokerage often field questions relating to mortgage costs and when interest rates are likely to come down. The…
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Many Canadians are beginning to think outside of the box in an effort to achieve their dream of property ownership according to a new survey. With the market still delivering strong values against a background of high-interest rates, an increasing number of people are investigating innovative strategies to purchase a home. A new real estate…
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