In a declining property market, one of the potential pitfalls is the valuation on the completed property not valuing at or near the purchase price on the contract of sale. There are a number of ways you can guide your client through these circumstances. There are pros and cons associated with … [Read more...] about Do you have a customer who has bought ‘off the plan’ and now needs to settle in a declining property market? Here’s how you can help……
In an October 2018 survey of over 30 economists, 87% believed the next rate move by the RBA will be an increase. No surprises there really, after all we have had an extended period of historically low interest rates. Interestingly though, the vast majority of the same economists believed that such … [Read more...] about Why the RBA might increase interest rates much sooner than the ‘experts’ think!
Deposit Power has had a long involvement with mortgage industry awards and we are proud to continue this tradition at the AMAs. This year, we sponsored the Aggregator of the Year award (up to 500 Brokers). Congratulations to Tanya Sale and the lovely team at outsource financial on winning this … [Read more...] about Deposit Power at the 2018 Australian Mortgage Awards
Is it time to say goodbye to your house keys? Very possibly! The next generation in home security is a home that is capable of recognising you and your needs. Can you imagine not having to fumble about with the climate control and worrying about if you remembered to turn off the gas stove? Well, … [Read more...] about The Next Generation of Homes
We hear people say it all the time, real estate is all about the location! When it comes to buying property it's never a one size fits all solution. A number of factors can influence a purchaser's decision when looking for the right property. Such as the type of property you are after and if it … [Read more...] about Location! Location!! Location!!!
Achieving a healthy portfolio of investment properties is no easy feat, though once achieved, can lead to exponential improvements to your capital wealth. It is vitally important to approach this investment in the right way, to ensure you are on your way to financial freedom. We have devised a list … [Read more...] about 6 Tips for Buying Investment Properties
Congratulations, you have finally decided to buy your first home. In the coming weeks and months, you will be viewing a lot of properties but, before you are tempted to purchase your first home, it is important that you do some research. To assist you with purchasing your first property, we have … [Read more...] about First Home Buyer Checklist
Auctions have become a popular way of marketing property in most states and no wonder with record clearance rates being recorded in recent times. Attending an auction can often be a stressful situation for homebuyers and organising a 10% cash deposit to attend each auction “just in case” can … [Read more...] about Auctions