When is the right time to buy property? This is one of the questions I get asked most often, but there is no secret formula that can give you a definitive answer. We don’t know when the market is going to turn, we don’t know when property demand and supply will be optimally balanced in your favour, we don’t know when your dream home [...]
Should you buy or should you wait? Will property values drop? Will interest rates continue to rise? These are some of the questions running through the minds of property buyers right now. The reality is that we don’t have a crystal ball so we don’t know the answers. Yes, values may drop a little and rates may continue to rise a couple more times [...]
One of the first lessons I learnt when I started hiring a team was the importance of clarity. I needed to be really clear on: * the culture I wanted to create * the values of the company * the values of the people I was going to hire * the tasks that I needed to let go of in order to grow and [...]
One of the greatest lessons I’ve learned in business is that I can’t do it alone. Nor should I. It was a pretty big move for me to hire my first team member. It was a big commitment financially and mentally - but I really had no choice. I couldn’t keep doing everything myself and I really didn’t want to spend 24/7 tied to [...]
Twas the week before Christmas and everyone was going crazy… running here, running there, doing this, doing that, buying everything, seeing everyone… it’s all just a little bit insane at this time of year. On Monday night I managed to sneak in an hour of downtime for myself and went to a meditation session. I didn’t really want to go. I was busy! But [...]
So it finally happened... My client has been looking to buy a property since May. We arranged a preapproval in September when they got serious about looking. We reviewed the budget again in October to increase by $200k. 11 weeks later, the contract was signed. Relief all around. 60 hours on realestate.com.au 25 open homes ? 7 offers 3 auctions 15 minutes of bidding, negotiating, [...]
Refinancing. Is it time for you to take a look at your mortgage? It seems that refinancing is the thing to do right now because rates are so low. You’d rather put money into your pocket than the banks, wouldn’t you? Here are my top 5 reasons to refinance: Save money by paying a lower interest rate Keep payments the same and reduce the [...]
When buying a home, you tend to face three main problems, so let’s tackle them head on! Information overload There is so much information coming from every direction. If you do a search online, everyone from real estate agents to banks and brokers to bloggers will be offering advice. Parents who haven’t borrowed money since the 1990s will be telling their children what they [...]
There’s one major reason against buying your own home and that is a four-letter word: FEAR This fear can manifest in a number of ways: 1. Afraid you’ll have to change your lifestyle to save for a deposit Well you will, but you can still enjoy life. Property prices may be higher these days, which means that home loans will be higher, but just [...]
For first home buyers, there are some seriously good government incentives that can help you make your home ownership dreams a reality. These include: First Home Loan Deposit Scheme First Home Super Savers Scheme HomeBuilders’ Grant First Home Owners’ Grant Transfer Duty (Stamp Duty) Concessions and Exemptions What is the First Home Loan Deposit Scheme? The federal government’s scheme is designed to allow easier [...]
