7 costs you need to budget for when buying an investment property
Whether you’re buying a property to live in or to invest in, unfortunately, it’s not just the price on the tag you have to pay; there are some additional costs you’ll have to budget for. #1 Transfer Duty (formally known as Stamp Duty) Formally known as stamp duty, transfer duty can significantly add to the.
3 great ways to invest in property
There is more than one way to skin a cat, or so the saying goes, and there is more than one way to invest in property. All it requires is a bit of lateral thinking, looking at some tried and tested alternative options, and then seeing what works for your current situation. As long as.
What’s my property worth?
We all want our property to get top dollar, but the value of your property very much depends on whose eyes it is you’re looking through; your idea of what your property is worth, may well be very different to the one your lender, or indeed what the potential purchaser, is prepared to pay. Here.
Investing in property is on the rise
If you’re thinking of investing in property, you’re not the only one! The latest figures from the Australian Bureau of Statistics (ABS) show for July 2021, the value of new loan commitments to investors rose 1.8%, after a rise of 0.7% in the previous month. In July 2021 in seasonally adjusted terms, the value of.
Common fears of selling your home and how to overcome them
Have you ever been on the verge of selling your home, only to talk yourself out of it? Even though the benefits of selling a home may outweigh the reasons for keeping it, many people avoid selling their home because they are afraid to; they often think of all the negative aspects, rather than the.
House vs Unit – which makes for the best investment?
We’re often asked what type of property makes for a better investment, but there are many variables and you shouldn’t base your purchase solely on whether the property is a house or a unit. Once you know your budget and you have a property investment strategy, we believe each property should be considered on its.
8 ‘not what to do’ when selling your home
When it comes to the list of most stressful things in life, selling your home is probably up near the top. Your home is probably your most valuable asset, so, you want to not only have a smooth process, but you want to sell it at the best price. Here are 10 things which you.
More insurance jargon explained
Every industry has its jargon, and the insurance industry is no different. In a previous article, we explained in plain English some common words and phrases you’ll find in your insurance policy; in this article, we’ve explained some more insurance terminology: Arbitration: the process of solving legal disputes between an insured and an insurer by.