If you are in the market for your first home, chances are you will be weighing up the choice between choosing a starter home or getting an apartment. While young people are prioritizing home buying on their to-do lists, buying your first home is not always as great as it’s made out to be. According to research by Zillow, 17 percent of young homebuyers have regrets. If you are...
If you have been thinking about a tiny home, you are not alone. Ever since the late 1990s, there has been a shift in everyday home living. Gone are the days of having the biggest house on the block. Instead, people have been happily downsizing and embracing the tiny house life. The small home movement did not become popular with the mainstream until 2014. Now, in 2020, it is nearly impossible to turn on...
Holiday homes area luxury, but definitely one you should consider if you can afford it. If you’re someone who goes on holiday to the same area quite regularly, a holiday home might actually end up costing you less in the long haul. And you can always rent it out during the period of the year when you aren’t using it, so you can even use it as a source of income. It’s not as simple as...
Several first-time homebuyers seek out for their dream homes where they can raise their own family. However, for some buyers, starter homes are the best way to learn everything about home ownership. Basically, a starter home is the one you don’t intend to live in for a lifetime or for many years. But, instead, it’s a house you plan on occupying for a few years only before moving on to the...
Buying a new home is an exciting time, but it can be extremely nerve wracking, no matter how many times you have moved house! You need to make sure that the house you’re moving into is safe, and whether or not it needs additional work before you can move in. As you are going to be living in this new home for a while, you also need to make sure that it is suitable for you and your family’s...
A bridging loan is a short-term finance facility that can be used to ‘bridge’ a gap in finances before a cash lump sum becomes available or a longer-term facility can be arranged. It can be used for any reasonable and legal purpose, but bridging finance is usually used in property transactions. To work out whether a bridging loan suits your finance requirements, as well as a guideline of the...
Condominiums, or condos for short, are rapidly increasing in popularity. But what is a condo? It’s like an apartment that you own. While it’s private, its located within a larger residence or community, such as a tower block or unit. Those living in a condo like Brentwood condos will share areas with other residents, such as swimming pools, fitness centres and gardens. Everyone...
You've decided to buy a home. You've done all the research, talked to your financial planner and gotten a mortgage pre-approval. Now you're working with a real estate agent, but how do you make the big decision about which home to buy? Cost is Likely the Primary Factor Lenders are generally not as generous as they may have been in the past, but this still does not necessarily mean you should purchase a...
The great Australian dream of owning your own home is still alive and well for most people in this country, but it can be difficult to decide when the right time is to make the biggest purchase of your life. When you buy, and where, is very much based on personal circumstance and what stage of life you are in. Our local vendor advocate has put together a few basic guidelines which can help you make the...
Buying your home is a big milestone in your life. If you don’t want to make any mistakes then follow our tips. First time home buyers are more likely to get scammed, misled and deceived by sellers if they step into the market without any prior research. Even with that said, doing the homework, filtering out the homes based on desirable parameters and doing a comparative analysis between choices is...
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