With so much focus on high mortgage costs, it’s worth doubling down on some of the finer points of applying for a home loan. While the Federal Reserve’s artificially high mortgage costs are stopping some homeowners from selling, there are more than a million buyers in the market today. These tips are designed to help…
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The strong performance of the housing market, despite the recent interest rate hike on Melbourne Cup day, should give heart to homeowners who are looking to either upgrade or downsize this summer. The most recent Home Value Index from industry researcher CoreLogic shows property has edged up again in October, registering 0.9% value growth on…
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Buying property as the market bounces back after its lull can be challenging, especially for first-timers who’ve not experienced the pressures of sealing a deal. If you have a pre-approved loan, your lender will often set a 12-week deadline before you need to apply again. These buyer guidelines will help you respond quickly to an…
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Buyers use plenty of tricks during a property inspection to look for any flaws in their potential new home. Some open and shut cabinet doors in the kitchen and bathrooms, while others stare at the ceiling above the bathroom to spot dampness, or inspect under the sinks to look for water damage. Paintwork at floor…
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The number of properties available on the market can fluctuate over time due to various economic and social factors. These changes in inventory often reflect broader trends in the real estate market and can significantly impact both buyers and sellers. Purchasing a property is a high-stakes decision, so don’t cut corners that could result in…
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The real estate market is constantly evolving, presenting both challenges and opportunities for potential homebuyers. Regardless of current conditions, buyers who are well-prepared and informed can often find themselves in a strong position to make a purchase. Use these strategies for some efficient house hunting. Rates positive Mortgage costs will rise and fall, mostly aligned…
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If your company is transferring you, or you’ve decided it’s time to make a fresh start elsewhere, you’ll be among the thousands of Americans who begin searching for a new property at this time of year. For the most part, only serious buyers check out the real estate scene in winter. The tire-kickers who waste…
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Whether you should buy a new home before selling your current property has been a question since the beginning of the modern real estate market. The answer depends on factors ranging from your risk profile, financial situation and market conditions. As an experienced real estate agent in your neighborhood, I’ve been working with clients with…
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One question that often perplexes many buyers is the value that should be placed on a home in the catchment area of a good school. How much extra should you expect to spend simply because good schools are on your doorstep? Is it worth $20,000 or even $50,000? Of course, if you don’t have a…
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Saving for a deposit for your first home requires discipline and can be hard work, and many younger buyers have decided to leave their home city to build a life in regional Australia. It’s a big move but understandable when interest rate rises push prices beyond budget. It’s smart to rethink your strategy so you…
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