Buyer Solutions successful buying in St Albans
Buyer Solutions has proudly bought recently in the “super hot” St Albans market. Not only did we buy, we bought well And here’s why……………… Our property was a brick home with three bedrooms, two bathrooms, two living areas on approximately 650 square metres of land by private sale. The offer on this property went […]
Newsflash – Interest Rates Up
Buyer Solutions wishes to advise that interest rates are on the way up with two of the “big four” lenders. National Australia Bank and Westpac have joined forces and increased Interest Rates. National Australia Bank announced their decision last Thursday to lift the Standard Variable Rate by 0.07 per cent hours after the US […]
Victorian Residential Tenancies Act (RTA) Review
The Victorian Government is currently reviewing the Residential Tenancies Act – the law that governs the rights and responsibilities of landlords and tenants. Significant changes to the legislation have been proposed in the Government’s options paper Heading for Home, released in January this year. The REIV strongly opposes many of these reforms, including: Changes to […]
Victorian Stamp Duty changes for first homebuyers
The Victorian State Government has from the 1st of July, 2017, abolished Stamp Duty for first homebuyers who buy a property with a value less than $600,000 and is implementing a sliding scale of reduced stamp duty between $600,000-$750,000. So, all first home-buyers with contract prices under $750,000 will have some reduction in Stamp Duty, if […]
Great morning with colleagues from Brisbane
I spent the morning today with Maddyson and Zoran Solano from Hot Property Buyers Agency and Hot Property Management based in Brisbane. We are both members of REBAA and Zoran is the Queensland State Representative and I am the Victorian State Representative. As you can imagine, Melbourne coffee fuelled active conversation on REBAA and the […]
2017 Residential Tenancies Act Review
The Victorian Government has been undertaking a review of the Residential Tenancies Act 1997, as a part of its platform for housing related initiatives entitled ‘Fairer Safer Housing’ over the past year. The final RTA Options Paper outlines an extensive range of proposed changes which are extremely concerning to the REIV and may have substantial […]
Buyer Solutions pulls out of investment property purchase. Why?
To save our client money and to ensure they buy a better property. What happened? We inspected the property Wednesday. The selling agent assured us there were multiple other buyers and he was selling the property on Thursday. They would not allow a building inspection before offers were remitted which was an immediate red flag. It’s […]
Our client had the budget, so why did we stop bidding?
One of the biggest concerns potential clients have when considering hiring a buyer’s agent is whether they will overpay. Many buyer’s agents charge a percentage of the final purchase price. The higher that price the more the Buyer’s Agent gets paid. And here lies the main difference between a greedy buyer’s agent and an honest […]
What are people looking for on realestate.com.au?
We all know how tight the competition is for quality properties in Melbourne and there is no sign of this changing any time soon. Here are a few statistics from realestate.com.au that may help you understand the property landscape a little clearer. Based on the number of clicks per online listing, Melbourne has the country’s […]
Foreign investment targeting Melbourne’s fringe
Land on Melbourne’s fringe is being rezoned from farmland to residential in an attempt to address Melbourne’s housing affordability yet a recent The Age article uncovered that developers are still looking overseas to attract buyers. The Labor government rezoned and released land as they saw this as the only solutions to the housing shortage and […]