Putting a value on your property can sometimes be difficult when emotions and past expenditure come into play. This is why a professional agent’s opinion is so important.
The CoreLogic Home Value Index results for October out today confirm a 1.2% rise in national dwelling values over the month, delivering the fourth straight month of rising values.
If you’re looking to invest in real estate it is important to understand the current market trends. Here’s a rundown of some of the key market indicators and what they might mean for you.
If you’re an investor looking to capitalise on the current market conditions, check out these top tips.
Australia inflation rate has continued to undershoot Reserve Bank expectations with the cost of living rising by 1.7 per cent over the year to the end of September.
When you apply for a home loan, the lender will request a wide range of information from you. A lender needs to be sure that you’ll be able to meet your repayments and comfortably service the loan, so you’ll need to provide information about your income, your assets and your liabilities.
It’s a fundamental requirement to know and understand your numbers: past, current and by way of a forecast at least the next 12 months and ideally 3 years. Management accounts should be completed and produced in a timely manner. These should include adjustments for pre-payments and accruals – the profit for the period under review should reflect what’s happened. The balance sheet should balance be up to date. Assets recorded in your depreciation schedule should be current and still in possession of the business.