Finding it hard to find well priced property for residential investment ? By the time a property is advertised in the local paper or on TradeMe the real estate agents have already contacted their repeat customers like major investors and property finders Often these people are given more properties than they can buy themselves and [...]

  Buying Mortgagee sale properties? A clause being put in by solicitors and banks on various agreements reads as follows “If before the settlement of this agreement is effected, the vendor receives a written offer to purchase the property on terms considered by the vendor to be no less favourable than those specified in this [...]

Rodney Dickens (Managing Director and Chief Research Officer) Strategic Risk Analysis Ltd www.sra.co.nz has written a booklet to improve the economic leteracy among investors and would be home buyers. Despite housing being the single largest component of household wealth there is a lack of quality analysis of housing market prospects both nationally and at the district [...]

1. Having all mortgages and security properties with one lender. 2. Having both your Family home (whether in trust or personal name) and rentals with the same bank. 3. Mixing salaried cashflow with tax deductible debt in a revolving credit account. 4. Paying principal and interest on tax deductible debt e.g. on rental property, while [...]

If you are actively looking for properties to purchase as investment and want to make multiple offers rather than waiting for individual offers to be accepted then it is advisable to us a sunset clause. A sunset clause is a short statement that you include in the contract that specifies that your offer will lapse [...]

A Agent’s Commission An “Agent’s Commission” is a percentage of the sale price that the vendor pays to the real estate agent responsible for selling the property. Agreement An “Agreement” is the written contract for the sale and purchase of the property. It is also known as the “Sale and Purchase Agreement”. Amenity “Amenities” are [...]

The banks are very anti these at the moment but things change continually and we have been through a space like this before. Their concern is that the tenant buyers are paying more for the property than it would sell for on the open market even though a valuation is offered. I had a call [...]