(or DIY) is a term used to describe building, modifying, or repairing of something without the aid of experts or professionals. The phrase “do it yourself” came into common usage in the 1950s in reference to home improvement projects which people might choose to complete independently. Source: Wikipedia. Recently an article appeared in a major newspaper promoting the benefits of property owners selling privately without...
1. Choosing the highest quoting agent- 3 things to know i. Oldest trick in the book Most sellers want to sell for as much as they can achieve, that is understandable. In fact one of the biggest fears for a seller is underselling. It is for this reason often, an average, less accomplished agent is selected based on one of the biggest cons in real...
We are seeing an enormous amount of new stock either come onto the market, or about to come on. I received 5 requests yesterday alone for appraisals, all for sellers in this area. There are currently over 200 properties all prices in Applecross and Mount Pleasant on the market. During the height of the boom, it was closer to 100. I am finding that there...
Buyers are cautioned to be very careful when buying a property privately, without a real estate agent. Recently, I have seen this happen a couple of times, and my general anecdotal findings are this. 1) Private sellers will often write ineffective, risky clauses that could open the buyer up to difficulties prior to settlement. Unless “subject to’s” are succinct, there are risks to both sides....
The recent decision by the Reserve Bank to keep interest rates on hold was welcome relief to home buyers and therefore home sellers alike. Interestingly, the decision had some commentary that is worth examining. “Interest rates have now been on hold for the past nine months – Reserve Bank governor Glenn Stevens said in a recent speech that Australia is in the most stable period...