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Category Archives: Investment Property info
Gazumped in New Zealand?
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 … Continue reading
The Real Housing Market Story
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 … Continue reading
10 Mistakes often made by Property investors
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 … Continue reading
Sunset Clause
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 … Continue reading
Glossary of terms
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 … Continue reading
Rent to buy
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 … Continue reading
