Not only does Spring time herald greater property market activity, it also signals an increase in insect activity in our homes! It is crucial to take steps to keep insect activity under control as part of the yearly maintenance of your home. We know how the months turn into years and if left … [Read more...] about Killer Pests Tips
For years now, property pundits have been warning of a coming Armageddon in the Australian property market. In 2004, The Economist magazine described Australia as “America’s ugly sister” with the OECD warning the Australian housing market was more than 50% over valued. Fast forward to 2019 and we … [Read more...] about Is now a good time to invest in property?
August was Deposit Power’s strongest trading month this year! We continue to see an increase in demand for deposit guarantees, in particular for first home buyer purchases. Click on this link to read more on the Australian Broker We would like to take this opportunity to thank our extended … [Read more...] about First Home Buyers securing property with Deposit Guarantees
First the good news…… the worst of the property market declines appear to be behind us and it now looks like we are entering a period of greater stabilisation for the remainder of this year and into next. After more than five years of sustained property price growth, the Australian property … [Read more...] about Is the Property Market Rebounding?
You’ve done all the hard work getting the customer's loan pre-approved so they can go to auction. But as we all know, the auction process is very stressful for many people. So below are some tips to help them achieve success. We also discuss auction clearance rates and share the benefits of Deposit … [Read more...] about How to Win When Bidding at an Auction
After sitting on the sidelines for the past few years, first home buyers have re-entered the market following a decline in property prices over the past 12 months, according to Grant Bailey, General Manager of Deposit Power. “With the property markets cooling in Melbourne and Sydney since early … [Read more...] about First home buyers re-enter the property market
So does that mean the market decline is over? Recent data released by Core Logic (Core Logic News 3rd June 2019) reveals that whilst properties listed for auction were down 27% week on week compared to the same time last year, clearance rates were up from 54.1% to 61.5% compared to the same week … [Read more...] about Auction Clearance Rates Are Up!
A bank guarantee is an undertaking issued by a bank to a beneficiary for a specific amount of money that has the effect of guaranteeing the liabilities or commitments of one party to another. A bank guarantee cannot be issued unless the bank has some type of asset security backing the face value of … [Read more...] about Why Banks are shying away from issuing Bank Guarantees