Usually, winter is a time when the auction market slows down a bit. It's colder, so less people are interested in spending their weekends out and about at open homes, not to mention that winter is when most houses tend to look their worst as well.
However, with the positive overflow we've seen in the last six months and economic drivers like the low interest rate opening up the market to more and more people, the trend is being bucked. Auction numbers and clearance rates are at improbable highs, especially around Sydney and Melbourne. We caught up with Ricky Briggs, Director LJ Hooker Auction Services for some insight into the world of winter auctions and what it means for you as a buyer or seller?
As part of our ongoing renting basics series, we have been looking at the important aspects of choosing the right place to move into as a tenant. But once you agree that a place is right for you and your potential living companions, there is still a lot of ground to cover! If you have your finances in place, you need to make sure the lease is fair.
This can be a hefty document, and one that requires careful consideration. So what should you be looking for to properly understand a lease?
Idyllic plot? Check. Innovative design? Check. Super-eco credentials? Check. This Norfolk home ticks all the right boxes — just…
Whether it’s to save the planet or just to reduce the cost of energy bills, the majority of grand designers are keen to invest in some sort of eco technology. But for this owner, whose impressive periscope-like home in rural Norfolk featured on the recent series of Grand Designs, sustainability wasn’t just a whim — it was the difference between living in her dream house and being left homeless.
If you’re impatient to get your foot in the door on a property, why wait until auction day? You can make a pre-auction bid to get a home before the bidding opens. Just make sure you do it right.
Here are some tips on the steps you need to consider to get it right. From timing the offer, getting the price right and the process you need to go through to make sure it is a legitimate offer.
If someone told you could invest in 2, 3 or more properties without selling your family home, would you believe them? The key to being on the path of wealth creation and becoming financial free is to start at home, or rather; it all starts with your home.
There is a way of more safely leveraging equity in your family home to kick start the wealth creation journey – it’s simpler than what most people think and you may surprise yourself that you’re in a better position than previously thought to own your first (or next) investment property.