Q&A Mailbag: Should you buy an apartment as your first home?

Sep 6th, 2017 Tips for buyers Andrew Duncan

In this weeks mailbag, we answer a common question about whether you should consider buying an apartment as your first home. Email your question to property@andrewduncan.co.nz Question: “I found your blog whilst doing some research re. potentially buying our first home. I’m a firm believer in doing my homework, and in particular, getting an unbiased opinion… Hence, I was wondering about your thoughts re. our…

“On Work” by Kahil Gibran

Aug 9th, 2017 Tips for buyers Andrew Duncan

Some Wednesday motivation for all your hard working people out there. And a little bit of encouragement for those of us who fall off the wagon now and again.  I was recently introduced to this poem by Kahil Gibran (Author of ‘The Prophet‘) while reading the Hohepa ‘Wednesday Flier’ newsletter. It was reproduced paying tribute to their long time volunteer of 33 years, Robert Simpson….

Is now a good time to buy real estate?

Jun 6th, 2017 Market statistics, Tips for buyers Andrew Duncan

I see changing market’s everywhere I look. Reports from Wellington describe buyers being more judicious and increasingly tentative. Priced properties are attracting lots of interest but some Tender dates are coming and going with no offers being received. Meanwhile there are 51% more houses on the market in Auckland than there were this time last year, and buyers are harder to come by. Suddenly agents are chasing…

Sick of waiting for the right home to come on the market? Here are 6 tips that might help…

Jun 6th, 2017 Tips for buyers Andrew Duncan

READER: I have a question, brought on by Wellington’s crazy house market. I sold my house last year and have been living with family since then, looking for a smaller place to buy. I haven’t yet found anything that ticks the majority of my boxes. I’ve developed relationships with three agents from different firms and do all the standard Trade Me / Realestate.co.nz checks every day….

9 things to know about buying ‘off the plans’

Jun 6th, 2017 Real Estate, Tips for buyers Andrew Duncan

One of my readers recently asked me about buying an investment property off the plans (a property that has not yet been built). If you are considering this option, the advice I always give friends of mine is as follows: 9 things to know about buying off the plans… 1. Lock in equity from Day 1? There can be serious advantages to buying off the…

Q&A Mailbag: Your property questions answered…

Apr 20th, 2017 Tips for buyers Andrew Duncan

In this weeks mailbag we provide a market prediction (living on the edge!), and answer a question around a potential bathroom renovation. Email your question to: property@andrewduncan.co.nz Question 1: “I’m a new migrant. I’ve arrived in NZ last October and have been living in Half Moon Bay, Auckland. We are living in a rental, and are now trying to buy our first house. One basic question….

What happens when you can’t agree on which house to buy?

Apr 5th, 2017 Real Estate, Tips for buyers Andrew Duncan

Have you fallen in love with a home that your partner just can’t stand?  Choosing a home can really test a relationship. The act of buying such a large asset is fraught with emotion which can seriously cloud our judgement and effect our ability to make sound investment decisions. Houses are interesting because for most of us it is the single biggest financial investment we…

Who needs a ‘free appraisal’ anyway?

Apr 5th, 2017 Tips for buyers, Tips for sellers Andrew Duncan

Up until recently, there were 2 common ways you could figure out the value of your property: 1. Contact a real estate agent and invite them round to your home to give you a ‘free market appraisal’ and have this awkward situation where you want to know the answer but you don’t want them to hound you every 2 days with a phone call until…

Quickfire Q&A with Jenny Cheevers, top mortgage broker

Mar 21st, 2017 Real Estate, Tips for buyers Andrew Duncan

My first podcast with mortgage broker, Jenny Cheevers turned out to be a huge success. So we put together this little update where we answer some of your most common questions around finance. For example: Do you really need a 20% deposit to buy a home? How have the new 40% LVR rules for investors affected the market? Should a first home buyer pay off…