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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Condo shopping can be a lot of fun but it’s risky without a plan. And it can be even harder if you’re considering buying new where you can’t actually see the finished product yet. Smart buyers consider each property with a clear vision for what they want, and they will not compromise until they’ve found…
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You’ve found your ideal home, and now you’re wondering how to express your interest without sounding as if money’s no object. There’s an art to negotiation in the property business. For inexperienced buyers, it’s easy to forget there are likely other parties at the table. You can offer low, stay low and bluff but, like…
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You’ve found a property you love. Your partner is researching paint swatches, your bank has said ‘yes’ and the negotiations begin. But you’re conscious that you’re running on pure emotion and given the price tag, it makes sense to cover all the angles. As your agent, these are my five quick tips to test your…
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Saving for a new home, or your first home, is one of life’s biggest challenges and there are some great approaches to help you achieve your target amount faster. Saving for a house can take months, even a couple of years. While it can feel a little daunting, everyone who has gone before you has…
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A cheaper entry price, convenience and a desire to maximise leisure time are three key benefits to buying a condo rather than a house. Any decision should be weighed against your financial and property ownership goals, of course, but often the mental tug of war between buying a house or a condo or unit is…
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New apartment buildings and condos are offering a lot more than just a couple of bedrooms, a lift and a hotel-style bathroom. As an experienced real estate agent, I’ve become familiar with fashions and trends that come and go with new apartment buildings. The innovations we’re seeing right now are a great response to what…
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A condo can be a great option if you want a low maintenance lifestyle and improved security, or you want to be able to afford to live in an area that would be out of your budget if you had to buy a house. Here’s what to look for in your condo: A great location…
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All successful real estate investors operate on similar philosophies that help them grow their wealth through a portfolio of properties, and these can provide valuable lessons for first home buyers. Many investors limit their risk by diversifying investments in different cities and suburbs, and they will hold a variety of property types, such as apartments…
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