Owning an investment property has long been a part of the Kiwi dream. For many first-home buyers, buying a smaller rental property in a cheaper area can be just what they need to get a foot onto the property ladder. For savvy investors, it’s an opportunity to generate wealth. But before you jump in head first into property investment, take a look at these 3 simple steps to get you started.
Topics: Property Management, Buying, Property Investment, Investment Property, NZ Mortgage Adviser, Home Buying Traps
Summer is an excellent time to sell property, say some property experts. Families looking to buy and move into a school zone are usually more active over summer, and what home doesn’t look its best when the trees are green, lawns are lush, and flowers are blooming? If you are considering selling up this summer, take a look some of these useful tips for preparing your property for a summer sale.
Topics: Buying, Summer, Real Estate Agents, house sales, property sales, Property Valuation
If you’ve been waiting to buy your dream home or invest in a rental property, this could be the push you need. House price growth in New Zealand has largely peaked, the ban on foreign buyers is likely to dampen demand, and an interest rate hike appears unlikely, at least in the foreseeable future. Property experts agree: now’s a good time to buy.
Topics: Buying, Kiwisaver, nz mortgage, HomeStart Grant, First time homeowner
When you’re shopping around for a mortgage, there’s a lot more to consider than just the interest rate. Which is why it pays to work with a mortgage adviser who understands the complexities and can guide you every step of the way. But choosing the right mortgage adviser can also be tricky. Here are 5 questions we suggest you ask before deciding on an adviser.
Topics: Buying, Mortgages, Information on buying and selling, NZ Mortgage Adviser, Home Buying Traps, Mortgage Advice
Buying a home is one of the largest and most complex purchases you’re ever likely to make. And getting it wrong can have a significant impact on both your financial and emotional health. That’s why it’s important to take time to fully research and understand the process and the complexities that go along with home buying. Here are our home buyer traps to avoid.
Topics: Buying, Mortgages, Information on buying and selling, NZ Mortgage Adviser, Home Buying Traps
While auctions can be an incredibly stressful and intensive – even intimidating - way to buy property, they are also one of the fastest and simplest means of selling property. As a prospective buyer, it’s important you’re familiar with the highly unpredictable and often fast-paced process of an auction in order to be successful. Here are some tips.
Topics: Auctions, Buying, Mortgages, Information on buying and selling, live auctions, property auction, NZ Mortgage Adviser
With a change in government comes a change in policy and the first of these is a ban on foreigners buying existing property in New Zealand. Just how much of an impact this will have on the New Zealand property market remains to be seen, with many experts believing only a small percentage of property buyers will be affected. Is the ban simply a political move or will it help curb rising house prices?
Topics: Buying, Mortgage, new zealand real estate, meth testing, meth contamination, labour government, foreign buyer ban
Your credit score is used by lenders to determine your lender-ability and in deciding what interest rate you’ll be charged. Having a good credit score could mean the difference in thousands of dollars spent or saved, so it’s understandably an important factor in your financial life. Here are some of the things that could impact your credit score.
Topics: Buying, new zealand real estate, mortgage adviser, credit score
Across Australia and New Zealand, auctions have become an increasingly popular means of selling property. One of the benefits of an auction is that it places a time limit on a sale, in turn generating a sense of urgency in buyers which often leads to a higher sale price. But auctions offer other benefits to sellers too. Take a look at what these are.
Topics: Auctions, Buying, new zealand real estate, mortgage adviser, property auction
There’s been much discussion in the media recently around methamphetamine contamination in New Zealand. Tenants are being evicted and landlords are spending thousands of dollars decontaminating properties that test positive for “P”. While some scientists have questioned the government’s standard for meth contamination, many believe it’s vital in helping safeguard the value of properties and its tenants. Either way, as a landlord in New Zealand, it’s important you understand meth contamination.
Topics: Buying, Mortgage, new zealand real estate, meth testing, meth contamination
