I’d like to share a story with you to highlight a few cautionary details about underquoting and dealing with Real Estate Agents. Our clients were interested in two properties – a Zoom viewing of an off market home on the Friday and another, which was being auctioned on the Saturday. We ended up purchasing the off market property for our clients at a very fair and reasonable …
Office hours over the Festive Season
As the year comes to an end, Chamberlain Property Advocates will be taking some well-deserved time off. We wish all our CPA family and friends a joyous festive season. CPA will close from the 23rd December, 2021 and reopen on the 10th January, 2022. Please call the office on 03 9686 2288 if your matter is urgent and we will get back to you as soon as possible. Wishing you all a joyous …
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What’s your property preference?
Home buyers differ in the things they look for when buying a property. Some families prefer single storey homes with a backyard while some prefer a two-level property. There are young couples who like to live near the beach with views of the water while the others opt for an apartment near the city centre. Following are some items some buyers might prefer over others. Pools Swimming pools have …
What is Rent-vesting?
A growing number of couples and families in Australia today are opting to buy a property as an investment in a more affordable suburb, whilst still continuing to rent in the suburb they wish to live in. This is known as rent-vesting. Many first homebuyers are doing this as a way to get a start on the property ownership ladder, with the added bonus of earning extra income at the same time. Whilst …
What’s on your property inspection checklist?
You've saved a deposit. Your finance has been approved. Now you're ready to start looking at properties to buy... Finding a home that suits your needs and your budget doesn't need to be difficult. But it does require some forethought and due diligence on your part. Keep reading for some valuable tips on what to include in your property inspection checklist. A lot of the focus when inspecting …
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Questions from a first home buyer
As a Buyer's and Seller's Advocate who's helped many people to buy and sell property over the years, I've been asked a lot of questions about how it all works. If you're looking to buy your first home, searching for your next one, or planning to sell your home, you might be feeling that uneasiness that comes from not knowing what you don't know. Take a moment …
What is a buyer’s advocate?
Have you heard of a Buyer’s Advocate before? Are you still unsure about what we do for people seeking to buy property? Relax. Your questions are about to be answered. If you’ve still got any lingering questions by the end of this article, I’ll gladly answer them for you. Just send them my way! What is a Buyer’s Advocate? A Buyers Advocate, also called a Buyers Agent, is a licensed …
Now more than ever parents are helping adult children into the property market
Now more than ever, many first home buyers in Melbourne are relying on their parents to get into the property market. Research indicates that more than a third of parents in Victoria provide financial assistance to their adult children to help them purchase their first home. Property values in Melbourne continue to soar. In this June quarter, the median house price for Melbourne was …
A house versus a unit
In the last 12 months, research has shown that house prices have sky rocketed three times faster than those of units. In a recent article written by the Domain's, James Robinson, it appears Melbourne's inner south and inner eastern suburbs have the most significant gap in pricing between houses and units. Thanks to Melbourne holding the unenviable title of most locked down city in the …
What’s happening with the property market?
With part of the traditional spring selling season experienced in lockdown, we still seem to have a few legs left in the Melbourne property market. The fundamentals remain the same - people need somewhere to live. If anything, the past 20 months have shown us that often our existing home is not adequate (not enough/no outdoor space, no place to home school, work from home or …
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