Kate Forbes is a National Director at Metropole Property Strategists. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA).
She is a regular commentator for Michael Yardney’s Property Update
The thing is, while most property purchases allow for 30 to 60 days for settlement to take place, sometimes more time is needed.
In fact, there are three common reasons why settlement might be delayed.
Accountants don’t tend to cut their own hair, teachers don’t service their own cars – so what makes you think you can handle the sale of your property without help?
Buying with a friend seems like a good idea, doesn’t it? However, there are a number of unique issues that this strategy presents as well.
Conducting a thorough inspection is one of the most important things you can do when buying a property, whether it’s brand new or a second-hand home.
Plenty of investors make the mistake of buying into the hype that is government infrastructure spending.
The past decade has certainly been tough for homebuyers. The post-GFC property boom meant many hopeful homeowners all but gave up hope of buying their dream home in their desired area, but in the last year or two, a switch has been flipped.
Using a buyer’s agent for an investment property purchase is becoming more common by the day.
While you need cash flow via rent to make the mortgage repayments every month, it will not make you rich.
If you’re planning to buy or sell your home this year here’s what could make a big difference
Sure, buying a property might seem relatively simple on a transactional basis, but understanding which properties will grow at wealth producing rates of return is not.
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