What Barriers Do First Home Buyers Face When Both Inflation and Rates Rise
When inflation climbs and interest rates follow, the first home buyer barriers that were already steep become near-vertical walls. It is...
Two ways of getting pricing disparity #sourceit
I think there’s a lot to be said for perseverance when you’re purchasing. It’s like you knock on so many doors and you get slammed in your face and then eventually one gets opened.
It’s a bit like that with property deals: if you search long enough and hard enough, you’ll get a good deal but it takes a bit of effort. And that pricing disparity, you can overcome that in two ways.
One is finding a suburb that’s got that big stretch of values, which is naturally higher in the market at a higher price point and higher median. Or you can buy under market just by either seeing a higher and better use that everyone else doesn’t see, or getting a good deal by being in the right place at the right time.
If you’d like to know more about renovation and how to save you time and make you money, download my ebook Renovation tips and tricks http://investorschoice.com.au/renovation-tips-&-tricks
When inflation climbs and interest rates follow, the first home buyer barriers that were already steep become near-vertical walls. It is...
What is refinancing to consolidate debt? Refinancing to consolidate debt is the process of using the equity in your home to pay off...