news and media archives
Commercial real estate is one of the most appealing investments anyone can make, thanks to their consistent rental returns not to mention their potential capital growth. Indeed, they make for an excellent passive income source for many. With that said, while you might be interested in jumping into commercial real
By Buyers Domain Principal Buyer’s Agent, Nick Viner Sydney’s Inner West has a metropolitan lifestyle that combines vibrant street atmospheres with a warm community spirit. It is home to an incredible café and restaurant scene and a variety of different cultures from Europe and around the world. Centrally located,
Another year has flown by. 2016 has certainly been an interesting year with unprecedented price growth at home and unexpected political developments overseas. Home prices have continued to surge ahead with the CareLogic reporting that prices in Sydney have now grown an astonishing 64% since June 2012. Despite this trend, don’t
Awards are rewarding in all sorts of ways. I won’t lie. It was, and still remains a thrill to have heard the words, “And the winner of the Real Estate Institute of NSW Award for Excellence – Buyer’s Agent of the Year for 2012 is… Nicholas Viner.” In fact, I’ve
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
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
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
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
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
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
