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Buying and Selling Tips
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To Rent or Buy?
May 11th 2012
Generation Y’s Property Double Act
A new breed of home buyers is answering the old ‘rent or buy’ question by doing both.
Increasingly, due to issues of affordability and heightened concerns about lifestyle and long-term commitments, Generation Y investors now entering the property market as they establish careers and begin to think about future housing needs, are bucking the traditional approach.
Instead of just searching for a family home in the suburbs – looking outwards from the CBD until their budget meets the prevailing price – they are finding different ways of becoming real estate owners.
Last year a survey of aspiring Generation Y (roughly those born between 1980 and 1992) property buyers by mortgage broker Mortgage Choice found that 43 per cent intended to make their first purchase an investment property. Renting in one place, or even living at home with patient parents, while buying somewhere else is now a commonly held plan.
Read some real life experiences and more about this topic on Domain.
You can share your experiences with us, using your Facebook account! (Now that is VERY Gen Y…).
Buying Property – before auction or private sale
May 2nd 2012
Melbourne Property TV, Season 3
Tim Fletcher appeared on the MPTV earlier in the week, to discuss with host Des Dowling and the other Property Panel members about buying property before an auction, or by private sale.
With over forty years in the industry, Tim is one of the most respected and prominent members of his profession.
It’s a really interesting topic and definitely worth watching!
Watch the segment here!
Marketing Your Property
April 23rd 2012
Melbourne Property TV, Season 3
Tim Fletcher appeared on the MPTV Property Panel earlier in the new season to discuss the different methods of marketing a property for sale.
With over forty years in the industry, Tim is one of the most respected and prominent members of his profession.
The panel discuss everything from property videos and photography, to social media and open for inspections.
Watch the segment here!
Changes to Cooling Off Laws
April 11th 2012
Melbourne Property TV, Season 3
If you are in the market to purchase a property, you will learn that cooling off rules changed on the 1st of March.
Essentially the changes mean that buyers no longer lose the right to ‘cool off’ just because they sought and obtained advice from a legal practitioner before signing a contract.
Tim Fletcher appeared on MPTV in the new season to discuss the ramifications of the changes.
For more information on cooling off and what it means for buyers, visit the REIV website.
Watch the segment here!