Auction - Home Loan Help
Source expert help from your local mortgage broker prior to making an offer on any property; your Loan Market mortgage broker has access to every major bank and secure lender in Australia, and can assist you to find an appropriate home loan.
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The number of properties currently scheduled for sale is more akin to the Spring selling season than Winter, according to the REIV, a situation that provides excellent property purchase opportunities for astute investors, first home buyers and upgraders alike.
A recent report suggests that there will be around 50 per cent more than usual properties for sale at auction over the coming month.
Loan Market Hillside mortgage broker, Beti Butrakoska, says that such a situation could be a good opportunity for investors and first home buyers to get out there in the market and find a good property to buy.
"Even with ...
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Categories: Mortgage Brokers. Tags: Auction, Beti Butrakoska, First Home Buyers, Hillside, Investors, Loan Market, Melbourne, Mortgage Broker, Properties, REIV.
The total value of property sold in Melbourne last week broker through the $1 billion mark, according to an article in the Herald Sun today.
Both good clearance rates and an increase in property prices have been cited as the reasons behind reaching $1 billion.
People looking for owner-occupier and investment properties alike were in the mix, at over 900 auctions and 700 private treaty sales, according to the report.
Melbourne mortgage brokers recommend that anyone looking to purchase, especially at auction, should organise their finance options prior to attending the auction or submitting an offer.
A home loan pre-approval ...
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Categories: Finance News, Property. Tags: Auction, Home Loan Pre-approval, Investment, Melbourne, Owner-occupier, Property Finance.
After the success of the big Ray White Real Estate auctions on the Gold Coast in January, auctions are on the mind of many property purchasers on the Gold Coast - but those who are now considering their own auction purchase need to prepare adequately.
Gold Coast mortgage brokers say being ready to buy at auction was much more than simply finding a property you like.
"There are building and pest inspections and definitely some searches that should be conducted before you even consider bidding for a property," one Loan Market mortgage broker said.
"But more than that, ...
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Categories: Finance News, Mortgage Brokers. Tags: Auction, Gold Coast, Mortgage Broker, Pre Approval, Ray White.
Cleared auction numbers increasing
The total number of cleared real estate auctions has increased in all of Australia’s capital cities except Brisbane during the first two weeks of October.
Figures revealed by RP Data showed Adelaide had the biggest rise, with the number of cleared auctions increasing from 29 in the week to October 4 to 46 in the week ending October 11.
Brisbane’s numbers dropped from 33 to 30 cleared auctions for the same period.
Search for property in your local area.
Source: yourmortgage.com.au
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Categories: Finance News. Tags: Adelaide, Auction, Brisbane, Property.
Auctioneers in some Australian capital cities saw evidence of a recovering economy at the weekend, as auction clearance rates soared.
The auction market in Melbourne was particularly robust, with a clearance rate of 84 per cent on Saturday – 20 per cent higher than the first weekend of September last year.
Sydney had an even more substantial increase, up from 44.8 per cent last year, to 71 per cent of homes sold at auction during the same period.
While just 39 per cent of properties sold under the hammer in Brisbane, the result was still considerably better ...
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Categories: Finance News. Tags: Auction, Home Loan Pre-approval, Interest Rates, John Kolenda, Loan Market, Mortgage, Property.
The property market is offering further signs of resilience, according to both anecdotal evidence from real estate agents and Loan Market mortgage brokers in Sydney.
Particularly in Sydney, agents and brokers are reporting strong interest in the median home market covering the $700,000 to $1.2 million price range, a target price of many who have sold existing properties to first home buyers during the recent strong sales to this group.
The Boost to the First Home Owners Grant has been cited as one reason for the strong interest, along with low interest rates, with many properties selling before ...
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Categories: Mortgage Brokers, Property. Tags: Auction, First Home Buyers, Interest Rates, Median Home Market, Mortgage Brokers, Property, Sydney.
Recent figures for property auction clearances and land sales show the Australian property market continues to hold up far better than its international counterparts.
According to an RP Data report, auction clearance rates are now averaging a healthy 70 per cent nationally, a good indication of market sentiment and the strength of the properties placed up for sale.
Land prices have improved recently also, according to a Residex report, with commentators citing the improvement, after a year of declines, as the first solid signs that property construction rates will improve.
Although the price gains are modest, it is the stability they are displaying ...
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Categories: Property. Tags: Auction, Boost, First Home Owners Grant, Interest Rates, Land Prices, Land Sales, Property.
Property sales for Australia's largest real estate network, Ray White, jumped 33 per cent in June on its 2008 figures.
The results showed a total of June sales to the tune of $2.411 billion, compared with $1.8 billion for the corresponding period in June 2008. NSW lead the way with a huge 40 per cent increase but all states recorded double-digit growth.
Ray White has recently run a successful series of auction 'spectaculars' and has noted an increase in investors entering the property market.
Many market commentators are predicting this confidence will grow over the second half of 2009 ...
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Categories: Property. Tags: Auction, First Home Buyer, First Home Owner Grant Boost, Investor, Property, Property Investment, Ray White.
By Ray White
Ray White will auction 73 Defence Housing Australia (DHA) tenanted properties throughout the ACT, NSW and Queensland on the 19th, 20th and 21st of November respectively - offering investors a secure, predictable and easy-to-manage property investment opportunity.
Who would be Interested in a DHA Tenanted Property?
For people who prefer to take complete control of their investment with limited effort, this kind of investment is ideal. Each property is managed by Defence Housing Australia, which enables landlords to proactively calculate their return on investment and effectively outsource all property management.
DHA tenanted Property Lease Benefits:
Long-term lease with a Government Business Enterprise ...
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Categories: Newsletter, Property. Tags: Auction, Dha, Investment Seminar, Ray White.
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