It's a busy spring market with activity across most price ranges and areas.
We have particularly noticed a lot of increased internet traffic and expressions of interest on lower priced rental properties for investment,
and with the attractive returns and vacancy rates currently under 2% it's little wonder.
If you have a property you are considering selling please call us for a free market appraisal today. Buyers are waiting !
Tuesday, November 9, 2010
Thursday, October 14, 2010
Thinking of Selling ?
Now is a great time to get a free home appraisal.
In fact , one executive home we listed this week sold in less than 24 hours !
If you are thinking of selling , we will offer you sound advice on the right pricing strategy and the best way to present your home for sale to get a fantastic result , as quickly as possible and on the terms you want.
Preparing your property well can make an enormous difference to the end sale result , so here are some general points for you to consider …
Make the property feel inviting
Buyers (even investors) like to imagine they’d enjoy living in a property, so make it easy for them to feel good about your place. Gentle music, a fragrant oil burner and a few scattered cushions can make all the difference on inspection day. The power of emotion is amazing. Perhaps even hire some modern furnishings, or whatever suits the style of your property to create that perfect package.
Less is more
Clear the clutter. It will make it easier to keep the property tidy for inspections and rooms will feel more spacious to buyers.
Let the sun shine in
Everyone loves sunshine when they are looking to buy, so open up blinds and curtains for inspections. We have never had a buyer complain of too much sun !
Fix outstanding repairs
Especially visible ones. Even the smallest of problems can make buyers wary about other less obvious issues. So it’s best to fix what buyers will see and make the property appear well cared for.
Clean up lawns and gardens plus remove rubbish
This may seem self explanatory, yet it’s often the garden that is last on the list of things to do. If you’ve spent time and money with your property’s presentation, a small investment in finishing off gardens can be extremely worthwhile. Remember we live in a beautiful part of the world where the outdoor areas can be just as valuable as indoors for many buyers.
For more information on selling your property for the maximum price with the minimum of fuss, call one of our 2010 RER (Australasia) award winning sales negotiators.
You’ll see the difference the right advice can make .
Regards,
Wes Davidson .
In fact , one executive home we listed this week sold in less than 24 hours !
If you are thinking of selling , we will offer you sound advice on the right pricing strategy and the best way to present your home for sale to get a fantastic result , as quickly as possible and on the terms you want.
Preparing your property well can make an enormous difference to the end sale result , so here are some general points for you to consider …
Make the property feel inviting
Buyers (even investors) like to imagine they’d enjoy living in a property, so make it easy for them to feel good about your place. Gentle music, a fragrant oil burner and a few scattered cushions can make all the difference on inspection day. The power of emotion is amazing. Perhaps even hire some modern furnishings, or whatever suits the style of your property to create that perfect package.
Less is more
Clear the clutter. It will make it easier to keep the property tidy for inspections and rooms will feel more spacious to buyers.
Let the sun shine in
Everyone loves sunshine when they are looking to buy, so open up blinds and curtains for inspections. We have never had a buyer complain of too much sun !
Fix outstanding repairs
Especially visible ones. Even the smallest of problems can make buyers wary about other less obvious issues. So it’s best to fix what buyers will see and make the property appear well cared for.
Clean up lawns and gardens plus remove rubbish
This may seem self explanatory, yet it’s often the garden that is last on the list of things to do. If you’ve spent time and money with your property’s presentation, a small investment in finishing off gardens can be extremely worthwhile. Remember we live in a beautiful part of the world where the outdoor areas can be just as valuable as indoors for many buyers.
For more information on selling your property for the maximum price with the minimum of fuss, call one of our 2010 RER (Australasia) award winning sales negotiators.
You’ll see the difference the right advice can make .
Regards,
Wes Davidson .
Thursday, July 15, 2010
The Vendors Statement
Also know as a Section 32 statement, this must be prepared and signed by the Vendor before a property can be sold.
The Vendors statement is designed to ensure that the purchaser receives important and relevant disclosures about the property they are considering purchasing which may affect their decision.
The Vendors statement may include details of :
Zonings
Rates & Outgoings
Statutory Notices and Orders over the Property
Easements, Covenants and other restrictions on title
Mortgages over the property
Leases affecting the property
Title description
Owners corporation details
Building Permits, Insurance and Warranties
Planning Permits and Conditions
If the purchaser is satisfied with the information contained in the Vendors Statement , a formal sales agreement can then be entered into.
Note that is illegal for a purchaser to sign a contract to purchase a property before receiving a duly completed and signed Vendors Statement .
The Vendor Statement therefore also serves the Vendor in uncovering anything they may not be aware of that needs to be considered or factored into the negotiations for the sale of heir property. Therefore we recommend ordering a Vendors Statement from your lawyer immediately your home is listed for sale.
The Vendors statement is designed to ensure that the purchaser receives important and relevant disclosures about the property they are considering purchasing which may affect their decision.
The Vendors statement may include details of :
Zonings
Rates & Outgoings
Statutory Notices and Orders over the Property
Easements, Covenants and other restrictions on title
Mortgages over the property
Leases affecting the property
Title description
Owners corporation details
Building Permits, Insurance and Warranties
Planning Permits and Conditions
If the purchaser is satisfied with the information contained in the Vendors Statement , a formal sales agreement can then be entered into.
Note that is illegal for a purchaser to sign a contract to purchase a property before receiving a duly completed and signed Vendors Statement .
The Vendor Statement therefore also serves the Vendor in uncovering anything they may not be aware of that needs to be considered or factored into the negotiations for the sale of heir property. Therefore we recommend ordering a Vendors Statement from your lawyer immediately your home is listed for sale.
Sunday, June 6, 2010
Maximise your deductions on investment properties
With the end of the tax year approaching now is the ideal time to review your property investments and to look for ways to maximise your investment deductions in this tax year.
Deductions are generally allowable on investment property expenses such as interest, rates, body corporate fees, commissions paid, repairs and general maintenance. In short, most of your outward cash expenditure made to sustain the investment is deductable. Bring forward expenses such as repairs prior to the end of the financial year, will result in additional tax savings this year.
Other deductions may also be made for depreciation on assets greater than $300 and certain other expenses; these are written off over a period of time.
Some items such as principal payments are not tax deductable and other items such as renovations can assist your future tax position although they are not an immediate deduction. These items are added to your cost base of the property and are offset in your capital gains calculations when you sell at a later date.
If you have not already, consider having a quantity surveyor prepare a detailed report on your property. You may be pleasantly surprised what he uncovers to maximise your tax claim!
I recommend you check with your professional financial advisor/accountant to see what (if any) extra deductions you may be able to claim in this financial year and how your investment is performing for you overall.
Deductions are generally allowable on investment property expenses such as interest, rates, body corporate fees, commissions paid, repairs and general maintenance. In short, most of your outward cash expenditure made to sustain the investment is deductable. Bring forward expenses such as repairs prior to the end of the financial year, will result in additional tax savings this year.
Other deductions may also be made for depreciation on assets greater than $300 and certain other expenses; these are written off over a period of time.
Some items such as principal payments are not tax deductable and other items such as renovations can assist your future tax position although they are not an immediate deduction. These items are added to your cost base of the property and are offset in your capital gains calculations when you sell at a later date.
If you have not already, consider having a quantity surveyor prepare a detailed report on your property. You may be pleasantly surprised what he uncovers to maximise your tax claim!
I recommend you check with your professional financial advisor/accountant to see what (if any) extra deductions you may be able to claim in this financial year and how your investment is performing for you overall.
Tuesday, May 4, 2010
HOMES NOW WANTED !
Despite the latest interest rate hike there is still lots of buyers eagerly seeking new homes in Western Victoria.
A very strong finish to April has seen our stocks decline and we have many anxious buyers now waiting for us to contact them with newly listed properties.
We offer free appraisals every day, so please call your local office today for a no obligation assessment of your property.
A very strong finish to April has seen our stocks decline and we have many anxious buyers now waiting for us to contact them with newly listed properties.
We offer free appraisals every day, so please call your local office today for a no obligation assessment of your property.
Monday, April 19, 2010
ANZAC DAY
I look forward to Anzac Day each year, as I enjoy the MCG spectacle where Collingwood and Essendon have had some of the greatest football contests.
If you haven't been, I can assure you that the atmosphere is simply amazing and much better than the grand final.
But the significance of the day is much more important.
It's the day we honour those who have served our country, particularly those that made the ultimate sacrifice.
To all our service men and women, past and present, and their families, please accept our sincere thanks.
Lest we forget.
If you haven't been, I can assure you that the atmosphere is simply amazing and much better than the grand final.
But the significance of the day is much more important.
It's the day we honour those who have served our country, particularly those that made the ultimate sacrifice.
To all our service men and women, past and present, and their families, please accept our sincere thanks.
Lest we forget.
Monday, April 5, 2010
The issue of housing in Australia
The first quarter of this year was certainly active in our markets, and this is reflected by yet another interest rate rise today of .25%
Buyer demand is certainly outstripping supply,and it's times like these that we hear more and more on the news about "housing shortages" and the need for the governments to do more to increase our housing supplies.
Simultaneously home loan affordability continues to be a problem, with many home buyers now believing prices are rising so quickly that they will never get into the market.
The problem is compounded by our governments imposing ridiculous rates of stamp duty at an the entry point to a new home ; a first home buyers scheme that is a fixed dollar amount rather than a percentage of the acquisition ; a lack of tax deductablility on home loan interest paid and a totally inadequate commitment to reducing infrastructure costs and other hurdles placed on developers in order to increase land availability both now and in the future.
Forget investigating the Foreign Investment Regulations Minister , as the answers are not there.Get to the real issues and please do something about them.
Buyer demand is certainly outstripping supply,and it's times like these that we hear more and more on the news about "housing shortages" and the need for the governments to do more to increase our housing supplies.
Simultaneously home loan affordability continues to be a problem, with many home buyers now believing prices are rising so quickly that they will never get into the market.
The problem is compounded by our governments imposing ridiculous rates of stamp duty at an the entry point to a new home ; a first home buyers scheme that is a fixed dollar amount rather than a percentage of the acquisition ; a lack of tax deductablility on home loan interest paid and a totally inadequate commitment to reducing infrastructure costs and other hurdles placed on developers in order to increase land availability both now and in the future.
Forget investigating the Foreign Investment Regulations Minister , as the answers are not there.Get to the real issues and please do something about them.
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