Auckland - buying and selling in the time of coronavirus

Buying and selling houses in the time of Coronavirus

A few of my friends and clients have asked me whether it’s a good time to buy and/or sell considering what is going on in the world. Here are my thoughts based on what we know so far… Note: Last updated 24th March 2020. Lockdown announced! This will effectively push a giant ‘pause’ button on nearly all real estate transactions and all the advice below…

How to achieve your 2020 property goals

Jan 12th, 2020 Property investment, Real Estate, Tips For Buyers Andrew Duncan

It’s that time of year when we sit down, take stock and decide on our goals for the year. When it comes to real estate, you might be looking to buy your first home, buy an investment property, or renovate your current home. We are here to talk you through how to achieve your property goals for the year ahead. Click on the link below…

10 property truths

10 Property Truths

Dec 6th, 2019 Real Estate, Tips For Buyers, Tips for sellers Andrew Duncan

Here are 10 key property truths that I have learned throughout my career in real estate. These tips will help you make better decisions when buying and selling real estate. 1. Every property would sell tomorrow if price didn’t matter There is no such thing as an un-saleable property. Every single dwelling in NZ would sell tomorrow at some price. The house is never the…

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?…