Viewing by month: June 2010
Choosing a real estate agent to sell your property can be a difficult decision and one that many people are not used to. There are so many agents in the business, each well-versed in presenting the benefits of their services – how do you choose?
To begin with, any agent that you choose to sell your property should be an expert on your local area. This means that he or she will be attuned to all local trends and market characteristics, and will most probably have a large database...Read complete post
With the constant headlines of recent times regarding topics such as increasing house prices and property undersupply, it isn’t surprising that some prospective buyers are a bit worried about their ability to afford real estate.
As a result of such concerns, CENTURY 21 is starting to see some cases where people base their entire purchase decision on the price of the property alone. In these instances, when a buyer finds a property that suits their budget, a decision is made to...Read complete post
A question that CENTURY 21 agents are often asked concerns the timing of the moving process – should you buy or sell first? In my experience, there really isn’t one correct way of moving house; buying first works for some people and selling first is the right choice for others. I thought I’d use this blog to go through some of the benefits and disadvantages of both as I see it.
Selling your home before buying another is often considered a safer way of doing things; once you sell,...Read complete post
The ability to finance the purchase of a home or investment property with a mortgage is usually taken as a given. However in recent times banks have started to become stricter with their lending and are increasingly denying higher risk mortgage applications.
When considering loan approvals, what we’re seeing from banks is a tightening of credit acceptance standards. This involves an...Read complete post