I’ve been sworn at, abused, threatened and accused. Why? Because some tenancies go bad.
The Reserve Bank kept the Official Cash Rate (OCR) unchanged at its last announcement on the 30th January but is widely expected to increase the rate at its next meeting on the 13th March.
As a buyer you have to ask yourself to what extent your head rules your heart or whether your heart rules your head.
With severe restrictions on borrowing with less than a 20% deposit, one way around the rules is to use a Guarantor, often a parent or close relative.
When it comes to buying a home you need to have your wits about you. You need to be well informed, you need to be confident and you need to have done your research.
In the market to buy a property? There are, as you are probably aware a couple of critical documents that are vital to check out prior to making an offer or participating in an auction.
Buying off plan requires a small leap of faith. You're buying something sight unseen with a few artist impressions and written specifications to fill the void.
This is the right question to ask, as it is so seldom asked and all too often, wrongly interpreted.
At the moment we feel like squirrels! Everything is rushed. There are lots of pre-auction offers, and auctions being brought forward on a daily basis. Deal, after deal, after deal.
Pre GFC, property developers had mythical rock star type status. The public face of the industry was full of massive egos, fast cars, illicit drugs, and self-absorbed “beautiful people.” Intelligence has never been a prerequisite to be a Property Developer.
Put simply, be patient! Right now I won't be the only investor struggling to find good property deals in Auckland.
There is a state of disbelief that house prices in a number of emerging Auckland city suburbs are hitting $1m. I can only think this is because we think $1m is a lot of money. It isn’t.