Why isn't my Home Selling?
Q: We put our home on the market 3 months ago (auction) and had no bids. Since then we have put a price on it, but we haven’t received even one written offer. Our agent is a lovely lady but we just don’t seem to be getting anywhere. Any suggestions? Diana C. A: There is nothing as frustrating for a home seller as their home not selling, and I’m sure your agent feels the same way too! There are a number of possible reasons, but the most obvi…
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What is a Reverse Mortgage?
We read the following article online and thought it might be of interest to our readers. The Australian Securities and Investment Commission (ASIC) are reviewing reverse mortgages: What is a Reverse Mortgage? Essentially, it is a loan that allows you to borrow money against your home by using the equity built up in your home as the security. This type of loan can be taken as a lump sum, a regular income stream, a line of credit, or a combi…
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Top 10 House Moving Tips
This week we thought we would share some really useful tips for when you are moving house. We know how stressful this can be so we put together the following list to make your life easier. (Special thanks to our friend Andrew Duncan for his input.) Pack an overnight bag containing all your essentials.You will be pretty worn out at the end of moving day so you’ll want easy access to your essentials, including a change of clothes if you’re g…
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How to make the most of a Property manager
Q: We have recently purchased an investment property and have been strongly advised not to manage it ourselves but to use a property manager. How do we make sure we get the most from our property manager? Cheryl P. A: We passed your question on to Delanie Horrobin, of Super City Rental Management, who responded: Every landlord is different, with different needs, different investment motivations and different expectations of a property manag…
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