More than half of America carries credit card debt, incurring super-high interest rates on an average outstanding balance of $6000. Meanwhile, home loan rates are at record lows. If you’re a first-time buyer seeking a mortgage, the debt on your plastic is no small matter. It hurts your credit rating and directly impacts the amount…
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If you’re buying your first home, or it’s been a while since you’ve been in the property market, you may question the importance of building inspections. They add to your costs, and some sellers will say there’s nothing wrong with their property and you should save your money. Many buyers in the current market forgo…
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The current real estate market can be intimidating for first-home buyers and new investors who are keen to buy with newly-arranged finance. As an experienced real estate agency in your area, we always caution first-time buyers and investors against over-exuberance. It is wise to avoid being held hostage to FOMO; the fear of missing out.…
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With so much attention on the current election campaign and the prospect of higher interest rates, it’s easier for first-time buyers to decide to wait and see where the market is heading. But that can be a mistake. Instead, you should focus on your own game and stick with your ambition to enter the property…
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First-time buyers can be excused for being confused when assessing if a property is in their price range. Your agent will be your guide on this topic. But in the current market, it can be difficult even for experienced professionals to land on the perfect number consistently. There’s a cocktail of details that needs to…
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With many incentives enticing first-home buyers into the market, it’s little surprise that their enthusiasm for ownership is helping to fortify and grow the entire market even if high prices are making it an expensive proposition. State and federal governments are offering a mix of saving schemes, grants and discounts on stamp duty to keep…
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An excellent strategy for the first-time buyer is to find a bargain and fix it up. These properties are usually cheaper because they need work, but they allow you to enter the market with a larger property than you might have expected. It can also prove to be a more valuable investment because of the…
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Across America the desire among first time buyers to own a first home seems to increase by the day. The investment value of residential property continues to power ahead in our neighborhood and many other regions, creating double-digital growth rates across the US. New buyers wanting a piece of the action is no surprise. They…
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Achieving long-term financial security through property investment has become increasingly popular with younger buyers, who recognise the long-term growth potential of the sector and its capacity to generate wealth. There are several ways in which you can begin your investment journey. These include buying into property funds such as REITs that exclusively invest in real…
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The first rung on the property ladder is often restricted to a smaller apartment or house simply because of the limited budgets that define early adulthood. And while it would be lovely to snap up a five-bedroom mansion in a prestigious area, the reality isn’t like that for most of us. Instead, we do our…
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