In last week’s blog, we delved into why the decision to buy a home as an owner-occupier is one vastly different to investing in a property to rent out. If you missed last week, you can read it again here. Renters of your property will have several expectations of what they are looking for when it comes to living in your home. These expectations generally revolve …
Buying an investment property is not the same as buying your dream home
Why is the decision to buy a home as an owner-occupier one that is as different as night and day from the decisions and factors involved when buying an investment property? Basically, selecting the home you plan to live and create memories in comes down to a number of factors, many of them related to your own passions, dreams and wants. These can include: your preferred lifestyleyour stage …
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Has Melbourne’s housing market taken a back step?
According to REIV's quarterly data, the typical metropolitan house price fell $32,000 or 2.9%, to $1.081m in the three months to June 30. That puts 21 once million-dollar suburbs on special - giving buyers a chance to get in without the seven-figure price tag. Suburbs from Altona North to Watsonia, have dropped out of the million-dollar club, and many more could soon slip below seven figures. …
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How to create your perfect budget when saving for your first home
Saving for your first home takes commitment and financial discipline, but it doesn’t mean that you will miss out on living your life to its fullest. Creating a perfect budget to stick to, will ensure you can focus on increasing your savings funds. We have explored some budgeting options for you to implement in your first home buying journey. Knowing what your concrete end goal is, and aiming …
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How to get a better deal in the current property market
The last quarter has seen property prices fall in about four out of ten suburbs in Victoria, which has in turn reduced the amount of competition for homes and buyers are getting more bang for their buck.However, a recent Sydney Morning Herald article states that buyers are still having to compromise when searching for and buying their first or next home, which is due to the pullback in the number …
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8 Home Improvements that won’t Add Value to your Property
Renovations can drastically change the value of your home, but knowing what upgrades are worth the investment, versus what upgrades won't add value is vital when it comes time to sell your property. When renovating, always keep in mind what is going to appeal to a future buyer when the time comes to eventually sell. Recently, Wendy spoke with nine.com.au about what home improvements don't add …
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Do you want to sell your home but don’t know where to start?
At Chamberlain Property Advocates, we are not just here to solely help you sell your home when your house goes live. We are there to help you from the beginning. Our services range from advice, to staging assistance, to helping you coordinate any maintenance checklists before you list your home on the market. One of our recent clients was selling their home, but to get the best possible …
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Are you eligible for the First Home Buyer Guarantee?
The First Home Guarantee (FHBG) is part of the Home Guarantee Scheme, an Australian Government initiative to support eligible first home buyers purchase a home sooner. It is administered by the National Housing Finance and Investment Corporation (NHFIC) on behalf of the Australian Government. Under the FHBG, part of an eligible first home buyer’s home loan from a Participating Lender is …
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Is a Buyers Advocate worth it?
It's no secret that moving can be an expensive and stressful process and many might be hesitant in the extra cost of engaging a Buyers Advocate. Let me ask you, are you feeling overwhelmed at the thought of moving and the process involved in buying a home? Are you a first-home buyer that has no idea where to start? Do you know how to find out if you're paying too much for a property? Do you …
Do you know how a Buyers Advocate can help you?
A Buyers Advocate, also called a Buyers Agent, is a licensed professional that acts solely on behalf of the buyer. A buyers advocate specialises in searching for a suitable property, depending on the needs of the buyer, evaluating each property, then negotiating the best possible price on behalf of the buyer. A buyers advocate does not sell real estate. The key difference between a …
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