Buy first? Or sell first?

Buying a home when you have one to sell

Nov 8th, 2019 Tips For Buyers, Tips for sellers Andrew Duncan

Is having a house to sell holding you back from moving to your dream home? In this podcast episode, we sit down with mortgage adviser Jenny Cheevers to talk through the different options available when you are buying a home, but already have one you will need to sell. Our conversation includes: – Pros and cons of using bridging finance – Risks of offering ‘subject…

what does a financial adviser do?

What does a financial adviser actually do?

Oct 22nd, 2019 Personal finance, Tips For Buyers Andrew Duncan

“That which is measured improves. That which is measured and reported improves exponentially.” – Karl Pearson Are your financial habits helping you get closer to your financial goals? Or moving you further away? Do you have financial goals to start with? Is your KiwiSaver optimised? Do you have the right level of insurance? In this podcast episode, Tim Ellis from Fox Plan talks about what a…

Wellington houses

Should I buy a home in a seller’s market?

Sep 3rd, 2019 Market Statistics, Real Estate, Tips For Buyers Andrew Duncan

Please note: I am not a qualified financial adviser and the opinions offered here are purely my own. It is critical that you seek professional advice from a solicitor before embarking on any property purchase. Read: Don’t buy a home without speaking to these 5 people first What a scary time it has become for first home buyers, especially if you started looking 12-24 months ago…

finance

Your finance questions answered…

Mar 5th, 2019 Tips For Buyers Andrew Duncan

I recently interviewed top Wellington mortgage broker Jenny Cheevers to get her thoughts on a few topical real estate finance questions, including: – What’s happening with interest rates?  – Should I fix for 1 year or 2 years? – Should I switch banks for one offering 3.95%? – Can I buy a home with only a 10% deposit? – Should I pay off my student…

conditional vs unconditional

Unconditional offers – Are they worth the effort?

Dec 5th, 2018 Tips For Buyers Andrew Duncan

First up, if you are unsure what we mean by the words conditional vs unconditional, check out this article for a bit of background. Needless to say, making an unconditional offer on a property takes serious effort and investment. The process of making an unconditional offer could (and should) involve: Speaking with your lawyer (asking them to review the title, LIM and offer document). Arranging…

cross-lease

Should you buy a cross-lease property?

Oct 20th, 2018 Tips For Buyers Andrew Duncan

I often get asked about cross-lease properties. It can be a confusing form of ownership, especially if you are new to the process of buying a home. The purpose of this article is to provide you with an understanding of whether cross-lease properties will provide a good real estate investment and/or whether you should avoid them at all costs. Thinking of selling a cross-lease property?…

What you need to know about Conditional vs Unconditional offers.

Sep 26th, 2018 Tips For Buyers Andrew Duncan

If you are buying a home for the first time, or if you haven’t made an offer in a while, the whole question of conditional vs unconditional offers can get confusing. This article explains how each type of offer works. When you make an offer on a property it will either be: UNCONDITIONAL Meaning the offer is not subject to any checks or due diligence….

dollar sign on page

How to avoid paying too much for a property

Aug 30th, 2018 Tips For Buyers Andrew Duncan

This article will give you tips on how to avoid paying too much when buying a home. It focusses on the emotional side of the decision-making process. Why do some people end up paying too much? FOMO (Fear of Missing Out) is an immensely powerful emotion and it can drive us to do crazy things in the heat of the moment. It is so easy…

An introduction to PropTech

PropTech – What Is It and What Can It Do?

Aug 17th, 2018 Tips For Buyers Andrew Duncan

The following is a guest post written by Eugene Yang, Co-founder at Kitt, a Kiwi startup providing a cloud-based-platform for real estate asset management. Proptech. It’s currently the latest buzzword in real estate, but you may or may not have taken into account the seriousness behind its meaning. “PropTech” means property technology, and you’ve probably already been using it. PropTech will disrupt the property industry…

Ask more questions

Q&A: “Am I better off dealing with the listing agent?”

Jul 31st, 2018 Tips For Buyers Andrew Duncan

A quick introduction… In real estate sales, the listing agent is the person who has been hired by the homeowner to sell their property. The listing agent is the one with their face on the signboard outside. In most situations in NZ, if you want to buy that home, you can either deal with the listing agent directly or another agent from the same company. Note:…