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How long does selling a house really take?

Selling a home is a long process, from preparing the house for sale, getting photos taken, advertising and then sometimes seemingly endless open homes. If you are considering selling read ahead to find out more about how long the process takes and what factors can impact how quickly you can sell. How is the market looking? Researching the real estate market can give you a good indication of how long homes in your area take to sell. If you’re looking…

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Four tips for property investors

Investing in property for the first time can feel daunting. If you make the right choice, your investment property can provide you with a second income stream for life. Poor decisions, on the other hand, might see you taking on overheads that you can’t manage without stress. Before you sign on the dotted line, here are four tips to help you make the right choice. 1. Run the numbers In almost all cases, the rental income you receive from your…

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Inspecting homes in 2021

With some property inspections subject to social distancing restrictions, inspecting homes for sale or for rent is taking on a new life. If you haven’t attended an inspection recently, here are some of the ways we are all adapting to inspecting properties in 2021.  Virtual inspections  Virtual inspections are a great way to help expedite the decision process to buy or rent a property. A virtual inspection could be a pre-recorded walkthrough style video available from the property listing,  or…

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What are buyer’s agents?

What is a buyer’s agent and what benefits can they offer you as a homebuyer? In very broad terms, buyer’s agents are licensed professionals who search, evaluate and negotiate the purchase of property on your behalf. Just like a real estate agent advocating for the seller, a buyer’s agent advocates for the buyer. There are two types of services offered by buyer’s agents. The first type is a full service and involves the agent sourcing out potential properties according to…

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Property investment jargons explained

Getting your head around the ins and outs of property investment isn’t easy, especially with all those head-scratching terms you hear in the business. But never fear! Here’s a list in “plain English” list to help you find your way around all these jargons. Cash flow A positive cash flow is one in which the rent you receive from your tenant is more than the property’s ongoing expenses such as mortgage repayments, maintenance, insurance, council rates and more. Property investors…

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