Advice from Australian Furniture Removers Association (AFRA) providing information about the insurance cover offered by its members when you’re moving home.
AFRA Executive Director, Viv Hanley says, “Many Australians are under the impression that their property is covered by their home and contents insurance policy when they are moving, or that the removalist’s own insurance should cover any damage. This is not the case in each instance. Continue reading Moving Tip #1: Insurance covering possessions in transit→
It’s that time of year again, when thoughts turn to tax returns and receipts. But are you making the most of your tax benefits?
There can be numerous tax and other benefits associated with owning an investment property. The trick is to know what they are and how to make the most of them over the short and long term. But what are the key tax benefits available to investors? Continue reading Tax tips for savvy investors→
Income is one of the biggest factors influencing and often preventing hopeful property investors in making their foray into the market. But as Your Investment Property explains, there are strategies to bring down the walls and start investing even when you’re not flush with cash.Continue reading Investing on a low income→
With the mercury in every Australian city except Perth, and Darwin expected to dip to a single digit during the nights this week, it feels like winter has finally blown in – full of cloudy days and toe-freezing evenings.
Vendors and buyers should be wary of certain practices that may be employed in a negotiation.
In Britain and the US they call it ‘‘gazundering’’. It’s when a buyer makes an offer on a property that is accepted but then reduces that offer. Gazundering is just one of the pitfalls of buying and selling residential property. Continue reading Tricks and tactics in buying and selling→
The federal government’s announcement on 25 March that home loan exit fees are banned from July 1 onwards is causing confusion with a number of borrowers who are trying to decide whether to switch now or later.
Prospective borrowers have been cautioned to get a home loan while they can.
Some may soon find it tougher to borrow, with major banks expected to quietly turn the screws on who qualifies for a home loan.
Steep price rises across a number of key household items, combined with tougher lending rules, are likely to lead banks to take a more cautious view on how much they lend. Continue reading Home loan borrowing may become harder→
Buying a property at auction can be a stressful event, even if you have done it once or twice before. It is the fact that there are other people there to compete in price for a property that you have already decided you would like to buy.
That is one of the reasons why people take properties to auction – to create that emotion and build that feeling in the buyers that they may miss out; moreover it is in our nature that once we have decided we want something, we’re very likely to go after it.
Every property has lots of issues which you need to know about when you are planning to purchase a house or a unit, be it new or existing.
A common question many prospective buyers ask is “Do I really need a building inspection?”
Some financial institutions and most Solicitors/Conveyancers require you to have a Pest Inspection and Building Report carried out on the home you are interested in purchasing. This will give you an indication of any pest issues or structural defects. Continue reading Do I really need a building inspection?→
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Advice from Australian Furniture Removers Association (AFRA) providing information about the insurance cover offered by its members when you’re moving home.
