In Australia, we’re resilient when it comes to buying and selling residential property. Interest rate rises and cost-of-living increases barely had an impact. The main impact was a reduction in the number of people selling, which was (and is) due in part to switching costs. This is also quite typical of what we are seeing
For many people, applying for a home loan can be incredibly confusing and difficult. That stress can be compounded if it’s your first time doing so. Though the steps are straightforward enough, there are a lot of things that you need to get right if you want to give yourself the highest chances of
For many Australians, home auctions present a viable opportunity to sell a property quickly. The time limit on price negotiations imbues the process with a sense of urgency, which often makes for much faster home sales than ordinary listings. There may also be a large community of buyers out there who are quite serious
Though you may love your home to pieces, you may have to leave it at some point down the line. Perhaps you’re ready to move on to the next phase of your life or are taking another job elsewhere. Maybe your family has simply outgrown the property. Whatever the case, you’ll want to sell
For homeowners who wish to earn from their property, renting or selling their homes are typically the two options that they first think of. However, if you’re a senior homeowner, there’s another way to gain access to money that you may not have heard of before: reverse mortgage loans. Reverse mortgage loans are specifically
Most Australians dream of having their own property someday, and for good reason. It’s one of the best investments that you can make, and doing so now in 2021 can be incredibly lucrative. In addition to interest rates being at a record low, the Australian economy is also looking as though it’s finally recovering
Putting a good chunk of your money into a field that’s quite complex can be a bit nerve-wracking. However, there are plenty of good reasons why people with disposable income purchase real estate properties to add to their investment portfolio. Indeed, investing in real estate can generate cash flow. Investors can also make use
Buying a home is a life-changing decision, one that requires careful planning and consideration. Prospective homeowners often have to prepare for a long time to make sure that they are financially stable enough to support this new project and make sure that they can see the whole process of acquiring a home to its
Owning their first house is a significant milestone for just about any adult. Having a residential property provides people with a sense of freedom, as it allows them to design a home that is suited to their current needs, lifestyle, taste, and plans. At the same time, the process of owning a home can be
Few homeowners wouldn’t jump at the chance to save some money on their mortgage payments. With interest rates falling to all-time lows, many are considering refinancing their mortgages to take advantage of the current situation and pay lower amounts out of pocket. However, the process of refinancing your home mortgage can be complicated and