Despite the lack of significant changes in the industry for almost five decades, the real estate sector has undergone remarkable and unprecedented transformations in the past ten years, marked by both fluctuating peaks and valleys....
Buyers
It doesn't matter what the market conditions are like when you start your home buying journey. Favourable market conditions don’t mitigate the potential pitfalls and, unfortunately, buyer’s remorse is not uncommon amongst first-time buyers, usually as a result of neglecting to do their homework and ensure they are thoroughly prepared....
In the real estate world, there is a substantial difference between an investor and a home buyer. The criteria by which the property will be judged will differ vastly depending on how the buyer intends to use the property. Adrian Goslett, says that it is important for buyers to establish their intentions for the home upfront before they start the house hunting process....
Being a good neighbour can add value to your life, security, and your property and neighbourhood. People want to live and invest in neighbourhoods which are orderly and well maintained. This says Samuel Seeff, chairman of the group, has been well-illustrated by the influx of buyers and tenants to cities, towns and neighbourhoods which are safe and well maintained and managed....
The excitement of becoming a home owner and the immense task of moving into your new home and settling in can sometimes overshadow home buyer's remorse - which does happen and is not spoken about enough in real estate....
It’s easy for property investors, particularly those new to the industry, to be swayed by the rental amount the property is likely to generate on a monthly basis. And while the monthly rental is certainly an important factor, the seasoned investor tends to look beyond the rental yield and rather takes a more long-term approach by focusing on the property’s potential capital growth over a set period of...
How much house can you afford to buy? It is a complicated question, but it is one that you absolutely have to answer to ensure it helps rather than hurts your financial fitness. To fully answer the question on how much you can afford to buy, you will need to know the answer to two other vital questions: how much you can put down as a deposit and how much can you spend once you actually live in the...
For first-time buyers, the home loan application process can feel quite overwhelming but if you are prepared for all the financial questions ahead you will be in a much better position to have your bond approved. If you are getting ready to apply for a home loan, you need to assess your financial well-being and you should know the answers to the following questions:...
Unsurprisingly, weight loss, improved self-care, doing more exercise, and saving money are among the most common new year’s resolutions people make. And while there’s certainly nothing wrong with any of those, how about including resolutions for your property? “Property is a significant investment and one that bears looking after and setting ‘goals’ for how you manage and look after that...
One of the best ways to know what you can afford is to set up a budget - which has the added benefit of allowing you to save money in the long run. Here are our 3 tips to set up your budget:...