Getting really good financial and accounting advice is essential for investors who intend to purchase property using their self-managed super fund. Buying property through a self-managed fund has become a popular way to transact, especially for those who aim to retire in the next decade or so. But seeking professional financial advice before committing to…
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There are three key ways to understand the value of your property and keeping them in mind makes it easier to understand how you can add value to your investment down the track. Those three elements are Land, Dwelling and Extras. Let’s step through each of these: Land In some respects, there’s not much you…
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So many uncertainties haunt a large-scale renovation project that it’s no wonder most homeowners opt to trade up rather than endure the disruption of building works in their lives. Money is also a key consideration because more renovations run over budget than don’t. Life gets tricky if you run out of cash or the lender…
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Headlines are popping up with increasing regularity that suggest there’s never been a better time to buy a property. Prices that were at a record-growth pace just 12 months ago have levelled out because of Covid-19 – but are expected to move again in 2021 – and the official Reserve Bank cash rate is at…
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With summer well and truly heating our homes, you’ve probably fired up the air-conditioning unit and decided to worry about the electricity bill later. But there’s a better approach that will add value to your home as well as give you a comfortable living experience. It’s called passive cooling, and it aims to work with…
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Selling a home is an intense undertaking at the best of times, but your nerves can get on edge when your prospective buyer sends around their building inspector. Any responsibly written “Contract of Sale” will make a successful transaction contingent on the building report. Detrimental findings in an inspector’s report have the potential to end…
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Good buying opportunities exist in the market right now, and you wouldn’t be the first owner to consider delving into the equity of your home to purchase an investment property. Others may be thinking about using that equity, or even increasing their loan, to capitalise on the Federal Government’s promise of a $25,000 grant for…
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There are no guarantees in life but when you spend hard-earned dollars to upgrade your property before a sale, you want to know there’ll be a dividend when the deal is done. The challenge for every homeowner is to decide where the money is best spent. As real estate agents, we’re in a great position…
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If you’re thinking of buying your first home, don’t make the mistake of beginning by spending weekends in search of your dream home. That part of the journey will come soon enough, but it’s not where you should start. Instead, you need to focus on securing your finances, or you’ll never be sure how much…
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After a year like no other in 2020, the property market is ready to take off with renewed confidence in 2021. Here are five reasons why. Money is cheapLow interest rates have made it more affordable than ever to get a loan and these record low rates can even be locked in for future years…
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