How to prepare for buying a house
No matter what the project ahead involves, preparation is always the key. This is so true when buying a house as there are so many issues to understand and a range of service providers to deal with. There are basically 2 options available to you as far as preparation goes:- 1. You engage a Buyers […]
May Real Estate Market Update Girraween NSW Area
Another bustling month in real estate saw another 20 properties sold by the team here at Elders. Several properties saw sensational results with one particular home at 29 Andrews Avenue, Toongabbie attracting 76 buyer inspections to the first open home and selling for $106,000 above the promoted price. Another property at 54 Gilba Road, Girraween […]
Facts, house prices sky high, mortgages and government levies
The ‘it’ topic of the moment is house prices. Everyone is discussing the current trends in property prices, selling or buying, mortgages and everything to do with this topic. Everyone has an opinion but here are some of the facts relating to the current state of the housing market. These are also good pointers for […]
Why Most Real Estate Agents Don’t Back Up What They Say?
Some agents are not willing to back up their word I recently came across some people online complaining about real estate agents, telling sellers that they can get them a price for the property above their expectations, but not willing to back it up in their commission structure. Honest agents don’t participate in overpricing Here is […]
How to get the family having fun when selling your property
Moving home can be an emotional time for all the family. Packing up memories, saying goodbye to friends, and the daunting task of making new ones. However there are some ways to make this a fun and exciting time in your family’s life. I will share with you some tips, activities, and mindsets to help you […]
Property Mortgage Update And Housing Affordability In NSW
Interest Rates and the big 4 The purple line in the chart below indicates that variable home loan rates mirror the stable RBA cash rate. There has been not much change over the last 6 months. You will however see that both kinds of fixed rate mortgages have to a small extent increased over the last […]
Do real estate agents lie?
Are real estate agents honest, do they bend the truth or are they just trying to do the job without being sued? Sometimes I wonder why real estate agents have consistently had a bad reputation over many years. In my experience of working for different real estate agencies I have come across the good the bad […]
Things that make you go Hmmmm — NSW Stamp Duty
One of those things that make us all think Hmmm is NSW Stamp Duty. Particularly the duty that is levied on our residential property. Our transfer of stamp duty is based upon a progressive tax system where cheaper properties incur a lower rate of tax and more expensive properties incur a higher rate of tax. Some […]
Have Fixed Rates Hit The Bottom Of The Cycle?
I have noticed an interesting pattern in one of the recent interest rate charts. This is slightly dangerous territory because the past is obviously not a prediction of future rate directions. However, this pattern does seem to apply at least since the beginning of 2009 (when this data series commenced). The 3 year fixed rate […]
Sydney house prices are depressing.….. (part 2)
1. Life style. How you want to live? House or shoe box? Some people have said “Embrace apartment living. The time of affordable detached houses is over. I would definitely live in a shoe box with my wifey and some cats,” but others say “I want a garden and a chook run Not sure I’d be […]
Sydney house prices are depressing…? (Part 1)
Think of the Generations: Will they be able to afford a home? I see many people commenting on forums saying “Sydney as a whole is way overpriced for what is selling” and others said “I really feel for youngsters (I’m in my late 50s) just starting out who want to buy, and may never own a […]