Recently, we interviewed property journalist Kirsten Craze on The Elephant in the Room property podcast. She was very revealing about the emotive nature of property market headlines and why they can’t be relied upon. Kirsten brought along a series of headlines that had appeared in the space of a few days that perfectly illustrate how […]
Read MoreProperty buyers need to know how to make an offer on a house or apartment so that they don’t act too fast and overpay or, conversely, muck around and end up missing out to another buyer. The fundamental rule to follow under most circumstances is not to make an offer until you are ready to […]
Read MoreYou should set your limit, your maximum bid, before you go to auction. So, how do you set a maximum auction bid? First of all, you need to forget all the other buyers and forget about the vendor, just for a moment. This is about you and the property. It’s about how uniquely this property […]
Read MoreYou only bid aggressively at auction if you want to scare off other buyers, but before I talk about when it’s a good idea to bid aggressively, I want to remind you that you need to know what the property is worth, and what your maximum bid is before you go to auction. So when […]
Read MoreProperty buyers tend not to like auctions because they fear being outbid or they are daunted by the thought of having to perform in public. Often people prefer to try to make an offer before auction. But is this always the best strategy for a buyer? Here’s a sign to look for: if the sales […]
Read MoreWhat does a mortgage broker do and why use one instead of going directly to a bank? Gaining access to an experienced mortgage broker is an invaluable resource when purchasing a property. The broker will assess your financial situation and has access to a much wider range of loans than any single institution can offer […]
Read MoreThere are so many things to consider when buying property, not the least being when to take action. Property buyers are often faced with the dilemma of deciding when the best time to buy is: when to call it a day on their search and make an offer. The fundamental question they ask themselves is: […]
Read MoreYou’ve found the house of your dreams, you want to buy it, the agent seems receptive, you make an offer… And then nothing happens. You are in the dark and getting frustrated. Is your offer accepted or not? Has the agent even given it to the vendor? Are they using it to get another buyer […]
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