We regularly see statistics that are put forward to add weight to a story line and the property market is no exception. Auction clearance rates are one such example, but another recent comparison might reveal a more positive sentiment in the market. When a vendor is going to auction, they are usually advised by their […]
In light of the recent headwinds that the mortgage broking industry is currently facing, we wanted to let you know that Deposit Power stands shoulder to shoulder with Mortgage Brokers in their efforts to ensure this important national industry, which millions of Australian’s benefit from, remains strong and viable into the future. As a professional […]
Despite the doom and gloom in the media of further property declines, we do not anticipate prices will experience the sorts of falls that some commentators are predicting. There are several reasons for this. Historically, all market corrections, property included, happen after a strong and sustained period of price increases. At some point, prices then […]
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 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 buying off the plan […]
Buying an investment property is not always easy, especially if you are about to be a first-time property owner. When purchasing a property, it is important to be aware of a few key things, which are often missed and could cause you issues in the future.