As well as having building and pest inspections, did you know you’re entitled to a final inspection of the property you are buying before you take possession of it? Known as a pre-settlement inspection, this inspection is your chance to check all fixtures and fittings are working and to confirm all the contractual requirements and.
With the financial year-end behind us, now is the ideal time to get organised and make a few new financial year resolutions to get you on your way to reaching your financial goals. Regularly review your finances It’s always good to review your finances from time to time so this year, put a note.
The latest Housing Industry Association (HIA)’s Stamp Duty Watch report (found at www.hia.com.au) shows stamp duty in Australia has doubled in the last 8 years. Stamp duty is the tax paid on any property purchase. It is based on a proportion of a transaction’s value and in Australia, is charged on a sliding scale; property.
Short-term lettings are under the spotlight again following changes to the State’s short-term letting laws. The new rules aim to address impacts such as noise levels, disruptive guests and effects on shared neighbourhood amenities. Strata owner corporations now have the power to introduce by-laws prohibiting the short-term letting of houses or apartments in their block.
Housing affordability has been a hot topic for some time now. You may think you’ll never get to own your own property or move up the ladder, but by making some changes and with a little lateral thinking, there are ways. Interest rates are still low, and if you are a first-time homebuyer, you apply.
From bogus consultants asking you to sign up to a fictional government program promising financial incentives to an African prince or princess offering you a cut of several millions if you help them get money out of the country, there are unfortunately a lot of unscrupulous people looking for ways to relieve you of your.
If you’re buying a car, after seeing the ad with the nice shiny pictures, you view the car. Most people will walk round looking at the bodywork and tyres, turn the engine over, take it for a drive, and check under the bonnet. Non-mechanical people may well take a mechanic with them who will pick.
Mindset is talked about a lot these days; you need the mindset for this and the mindset for that, and you need the right mindset for investing in property. Going in with a half-hearted attitude or giving up at the first challenge is not what property investment is about. Investing in property is within many.