So, you’ve endured months of hardship and frugal living and to save enough money to use as a deposit for a home. Now comes the loan application and knowing for sure how much you’ll be able to spend. Lenders will put a magnifying glass to your application, especially in the aftermath of the banking royal…
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Our continuing lockdown across Victoria has been a sobering experience that has created uncertainty, delay and stress in all our lives. But it is essential that we remain optimistic about our future, and that has never been more relevant than for those who’d been planning to buy or sell a home in the current spring…
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It’s easy to become distracted by bright and shiny features when you’re walking through a home for the first time. A new bathroom or a modern kitchen can quickly capture your attention and divert you from other important aspects of the property. While your agent will have used your initial brief to scope out its…
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You’ll often see sign boards outside homes that state the property is “in escrow”, but what does that actually mean? It means the house is not sold, but a deposit has been taken and a deal is in its final stages. A deposit is known as “earnest money” and represents a small percentage of the…
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You’ve finally found a place to buy and the offer has been accepted. Closing is underway. Thank goodness you never need to inspect another home again. Right? Wrong. You should go through the property one last time to ensure everything is in order. Here’s what to look for: 1. Is everything present and accounted for?…
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Condo and apartment designs are always moving with the times, embracing new technologies that enhance lifestyle while never losing sight of providing the modern idea of a comfortable, stylish home. Global best practices are quickly implemented by local designers who pick up the latest buzz of excitement in new home living. New trends can either…
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You’ve found the home of your dreams but it needs a bit of work. How do you ensure your dream home doesn’t become a money pit? As your agent, I see this situation often and have been around long enough to know that few causes are hopeless if you’ve really found your perfect home. Here…
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Three forms of investing in real estate that don’t require the outright purchase of a property, or offer a unique twist on ownership, are becoming increasingly popular. Rentvesting is an option increasingly favoured by young buyers, who buy and rent-out one property in a market they can afford, and then rent a different property in…
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When a property fails to sell at auction it is described as “passed in”. But what does that really mean, especially if you are interested in buying the property? A passed in property is one that has not been able to achieve a bid at auction that either met or exceeded the reserve. When this…
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Three forms of investing in real estate that don’t require the outright purchase of a property, or offer a unique twist on ownership, are becoming increasingly popular. Rentvesting is an option increasingly favoured by young buyers, who buy and rent-out one property in a market they can afford, and then rent a different property in…
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