In March 2016 ANZ Banking Group (one of Australia’s big four) closed their doors to foreign buyers. This was closely followed by Westpac, and then all other Australian banks. Thousands of international buyers were left without the finance to settle on purchases entered into prior to the changes. Those affected had to source other funds or else forego their 10% down-payment. As yet this situation remains … Continue reading 5 solutions to finance your Australian property
Many of us dream of sending our children to study in the best schools and universities around the world, but financially it can seem far out of reach. In this article I explain a tried and tested way to use property to fund your children’s (or grandchildren’s) university education overseas. How much does it cost to study abroad? We’ve crunched the numbers and here is … Continue reading How to fund your children’s/grand children(s) university education overseas
Learn where is the best place to invest in property in the UK and why. Continue reading The best place to invest in the UK
Learn the secrets of property investing Continue reading Secrets of property investment
From my interactions with potential buyers of new properties, many of them will immediately get turned off once they are told it is a leasehold property. They are only interested in a freehold property. Let’s look at why leasehold properties are perceived as not as good as freehold: 1. They are a bit difficult to sell once it goes past the 30 years tenure (normal … Continue reading Leasehold or freehold property?
Some people are afraid of heights and riding the elevator to high floors gives them the uneasiness. Others are worried about possible lift failures and having to walk up the stairs is a big no no to them. On the other hand, some people just like cool breezes blowing over their faces, fresh air and nice view over the city skyline. They go for high … Continue reading Buy high or low floors?
When considering buying a property, it is not just about having sufficient money to pay for your down payment and you are set to go. If you do not know the hidden costs (after you have booked your property), you will be in a big surprise when you later discover you have to pay a lot more which can be outside your initial budget. When … Continue reading Hidden costs you should know when buying a property
When you decide to buy a sub-sale property, the property agent or negotiator will ask you to sign an Agreement (Offer) to Purchase form together with your payment of earnest deposit (usually 3% of the purchase price). At this point, this is only your offer to purchase the property. There is no contract yet unless and until the owner accepts your offer to purchase by … Continue reading Questions on the Agreement (Offer) to Purchase (sub-sale property) form
When considering buying a new property, there are some situations that can give the buyer a high chance to make some sort of “instant” capital gains. Below are the things to look out for the next time you look for a new property: HIGH REBATES Nowadays, it is quiet common to find developers offering 10% to 15% rebates to entice their potential buyers to quickly … Continue reading How to make “instant” capital gains when buying a new property
Learn the things most potential tenants are looking so that you can save thousands of Ringgit in lost rentals. Even though every property owner knows that they should rent out their property as fast as possible, a lot of them however do not bother to make potential tenants want to rent their place. From experience, there are certain things that most potential tenants will look … Continue reading How to rent out your property fast!