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Buyer's Domain

Blog

The articles on this blog provide general information only and do not constitute personalised advice. You should obtain independent legal, financial, taxation and building advice relevant to your individual circumstances before acting on any information.

Tips For Investing In Sydney Property

December 19, 2013

t’s a great time for you to start investing in property. But do not leave it too late! Sydney’s residential sector has been flat for the past two years. But since the start of the year it appears that confidence is strengthening. Auction results are a useful indication of property

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Property Buying Tips For Auctions

December 19, 2013

Before bidding at auction, consider these auction property buying tips. Bidding at a auction can sometimes be a daunting and hell raising experience. For those who have done their homework and are prepared for auction property buying, auction property buying may offer the following advantages: Transparency. All purchasers have an equal

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Defining Your Property Needs

December 19, 2013

Never Forget Your Needs. Ask yourself: “Why am I buying this property?” Your needs should govern the type of property you buy. Obviously, if you are looking for an investment property, you would have a very different set of criteria to those you would have when buying a place to

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Organise Your Team Of Property Experts

December 19, 2013

Don’t Use Second Rate Service Providers. When you buy a property, you are likely to rely upon a combination of the following service providers: Solicitor or conveyancer to review the Contract and carry out the conveyancing. If you use a solicitor, make sure that they are a property solicitor Mortgage

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Sydney Property Research Advice

December 19, 2013

There are a number of things you should research into before you buy a property: What are the positive and negative features of the property? What are the most recent comparable sales in the area and how do they compare to the property? What is the property like at different

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Dealing With The Selling Agent

December 19, 2013

Remember that the selling agent has been engaged by the Vendor to achieve the maximum selling price for the property. As with any profession, there are some agents who are less scrupulous than others. If an agent tells you something important about the property, do your own research to make

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Property Costs

December 19, 2013

There are significant property costs and these include stamp duty and legal fees. Once the property has been transferred into your name, you should also consider the following additional property costs: You will be responsible for any damage to the property. Consider taking out building and contents insurance to cover

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modern living room

How To Avoid Being Gazumped

December 19, 2013

Gazumping occurs where a vendor has agreed to sell the property to a purchaser for an agreed price and then sells to another purchaser who has offered a higher price. Gazumping is legal because until exchange of Contracts, either party is free to change their mind even if a verbal

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inner suburb row houses

Choosing The Best Property Buyers Agent

December 19, 2013

  How to select the best property buyers agent Sydney If you search for “Property buyers agent Sydney” on the internet, there is a long and growing list of different agents. As a leading property buyers agent Sydney, here is a list of some of the things that you should

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Property Terms S – T

December 19, 2013

Buying property can sometimes be confusing, particularly if you are not familiar with all the property terms. As leading buyers agents in Sydney Buyers Domain property buyers agents have compiled this glossary of property terms for you. Sales Advice: Once Exchange of Contracts has taken place, the selling agent usually issues

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inner suburb row houses

Property Terms F – R

December 19, 2013

Buying real estate can sometimes be a long and confusing process, particularly if you are not familiar with all the different property terms. As leading Sydney property buyers agents, we have prepared this glossary to help you with your real estate needs. FIRB: The Foreign Investment Review Board examines applications by

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Inner west typical house

Property Terms U – Z

December 19, 2013

If you are looking to buy property, there are a number of different property terms that you should be aware of. As leading Sydney property buyers agents, we understand the language of property. We have compiled this simple glossary for you. Unconditional Exchange: If the Purchaser waives their rights to the

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modern lounge room

Property Terms D – E

December 19, 2013

Before you commit to buying a property, do you fully understand the process and the terms that the agent and your solicitor may be using? As leading property buyers agents, we have compiled this simple gloassary of property terms for you. Deposit: An amount (usually 10%) of the Purchase Price paid

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apartment blocks

Property Terms A – C

December 19, 2013

As leading Sydney buyer’s agents, we have assembled this useful glossary of property terms for anyone considering buying a home or investment property. Agent: The traditional real estate agent is a selling agent appointed by the Vendor to achieve the best possible selling price for the property. If you are a

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FIRB – Foreign Investment Review Board

December 19, 2013

There are restrictions upon the ownership of Australian property by foreigners. Foreign citizens must submit an application to the Government’s Foreign Investment Review Board (“FIRB”) for approval to purchase real estate in Australia. Some of the exemptions include New Zealand citizens purchasing residential property Permanent residents purchasing residential property The

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modern living room

Nicola Deakin

December 19, 2013

Nicola Deakin and partner Charlie O’Connor decided some time ago that they wanted to purchase an investment property via their Self Managed Superannuation Fund (“SMSF”). As Nicola said, “Shares have been so volatile lately that we want something solid to fall back on in our retirement”. With only one previous

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inner suburb row houses

Ed & Laelene Parker

December 19, 2013

Buyers Domain has helped scores of property buyers achieve their real estate goals. One such couple, Ed & Laelene Parker had been looking to purchase a family home in Sydney for 10 years before they met Nick Viner. Their budget was $850,000. Within just 3 weeks, Nick helped them purchase

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Why Sydney Real Estate

December 19, 2013

Having lived in London, Bristol and Paris and done my fair share of travelling across the globe, I have proudly called Sydney home since 2004. I cannot think of a better place to live. Sydney’s stunning array of world class beaches, pristine waterways and iconic harbour backdrop all provide the

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How Do Interest Rate Cuts Affect You?

December 19, 2013

At the beginning of this month, the major banks rushed to pass on in full the Reserve Bank’s 25 basis point cut to interest rates. The official interest rate is now the lowest on record since establishment of the RBA. I often get asked how an interest rate drop such

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city and buildings in Sydney

How do Buyers Agents Find Properties?

December 19, 2013

As one of Sydney’s leading buyers agents, people often ask us how we go about finding properties. Finding properties is perhaps the single most important thing we do for our clients and it is essential that we leave no stone unturned in our searches. So how do we do it?

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Save time and stress, use a Buyers Agent

December 19, 2013

Buyer’s agents act exclusively on behalf of the buyer unlike traditional real estate agents who act on behalf of the seller. Our clients often tell us that the top 3 reasons for using a buyer’s agent are: 1. Buyer’s Agents will save you time As experienced buyers’ agents, the biggest

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Sydney Property Market Briefing

December 19, 2013

Exclusive information evening for Law Society Members on Tuesday 16 August 5:30pm (for a 6:00pm start) – 7:00pm, at the offices of the Law Society of NSW, Level 3, 170 Phillip Street Sydney. Bob Cunneen, Senior Economist for AMP will discuss Australia’s performance since the Global Financial Crisis and its

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2012 REINSW Awards for Excellence

December 19, 2013

Winner of the highly coveted Buyer’s Agent Award for Excellence, 2012, Nick Viner is recognised in the property industry for his outstanding knowledge, skills and services. The Real Estate Institute of New South Wales Awards for Excellence acknowledge the real estate industry’s best performers for their skills and initiatives. The

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