Buy Property in Australia from Overseas Series Part 8: Contracts and Deposits

Welcome to part 8 of our Buy Property in Australia from Overseas Series. This week will look at contracts and deposits when buying an Australian property from overseas. (To start at the beginning of the series, read Part 1: Real Estate Industry Professionals Foreign Investors Should Deal With). When you put an offer in on a home or piece of vacant land, you will need to pay a deposit and then, if you’re awarded the property, you will need to fill out the necessary contracts. Your estate agent will let you know the required deposits and help you fill out […] Read more »

6 Real Estate Internet Marketing Tips

realty checklist wishlist

Do you have a piece of Australian real estate you want to sell? Whether you’re getting help from a real estate agent or not, you can help get the property sold through some successful real estate internet marketing methods. Here are some real estate marketing tips: If you hire an agent to help (the commission payment you have to pay could be well worth the ability to sell faster and get the maximum offer possible), choose carefully. Work with a savvy real estate agent who leverages the power of the internet for selling real estate. Consider use of the web […] Read more »

Having Trouble Selling Your Home? Here are Some Things to Check

Are you trying to sell your  house but are having some trouble? Here are some tips:   Check Your Price Is your house overpriced? Not only might people not be willing to pay for it but they might also have trouble getting approved for financing. A price reduction could not only get you more potential offers but could help generate some buzz.  Of course you don’t want to sell at a loss but the right price is important. Check Your Curb Appeal Have you done any staging for your home both inside and out? Staging can increase the results you […] Read more »

What’s on Your Australian Home Buying Wish List?

realty checklist wishlist

By sharing an extensive wish list for your new home with your Australian real estate agent, you can save you and your real estate agent time and effort and you can increase the chances of finding the perfect property  sooner than later. Here are some things you might want to consider as nice-to-have and some you’ll consider must-have items. Number of bedrooms – Take into account whether or not you’d like a guest room, would like to expand your family, etc. Number of bathrooms – Make note of whether it’s important to you to have a Master ensuite. Neighbourhood preference […] Read more »

Using an Australian Real Estate Agent to Help You Downsize Your Home

You may be contemplating downsizing your current home and buying something smaller and more manageable. A number of different people find it necessary to downsize. Older couples like to downsize to a smaller home once all of the children move out. Other families find it necessary to downsize due to a job change that reduces the overall annual income. Whatever the reason, you will find it easier to downsize by using an Australian real estate agent to help you find a smaller home. Listing Your Home on the Market The first thing you need to do is list your current […] Read more »

Types of Australian Homes

If you’re a new citizen of Australia who is looking for a new home, you may find yourself a bit confused by the local real estate listings. While most people know what a contemporary home is, Australian real estate agents use a variety of terms to describe the types of home available on the market. Some Australian homes are over 100 years old, while others are custom designed homes that have never been lived in before. Unless you know the terms that agents use to describe homes, you may end up looking at something historical when all you want is […] Read more »

How to Screen Tenants for Your Australian Rental Property

So you’ve decided to invest in an additional Australian property, but now you need to sublet it out to a promising renter. When you were in the market for your new property, the excitement at an additional income source may have overshadowed the fact that you need to conduct research on a person’s background before confidently renting out your property. When you’re a landlord, there’s a lot that can go wrong. You need to make sure that you’re subletting the property out to reputable renters. The last thing you want is for your Australian investment property to become trashed, decreasing […] Read more »

How to Increase the Value of Your Australian Home

Australia Home Financing

If you plan on selling your home in the future, one thing you need to do is work on increasing the value of your home. Many homeowners, who know that they’re only in a home for a few years, fail to take the necessary steps to increase the home’s value. Many just hope that the home naturally appreciates in value as a result of a good economy. But with the national economy a perpetual roller coaster of good and bad times, it never hurts to be proactive in raising the value of your home. Minor Improvements Everyone knows that the […] Read more »

Qualify for a First Time Homebuyer Loan

Australia Home Financing

When buying your first Australian home, you’ll probably need to borrow a large percentage of the purchase price. Banks know that first time homebuyers need help, especially if they’ve been renting and not living for free with family or friends. Renting makes it harder to save a nest egg for a large down payment, so some banks will offer special deals for first time homebuyers. There are some typical things you can do to make sure you qualify for a home loan as a first time homebuyer. Make sure that you remain actively employed. If you unexpectedly get laid off […] Read more »

Using Artificial Grass to Increase Your Home’s Value

When selling your Australian property, you want to do anything possible to help increase the home’s value before you list it on the market. If you’re doing last minute enhancements on your house, you probably want to choose things that allow you a good return on your investment. It’s easy to get your money back in the value of your home on minor improvements such as paint and upgraded appliances, but larger improvements can actually cause you to lose money. One improvement that seems to offer almost a 100% return or more on your investment is landscaping. In many Australian […] Read more »