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Disclaimer: This blog does not necessarily reflect the opinion of the publisher. It is intended to provide general news and information only. While every care has been taken to ensure the accuracy of the information it contains, neither the publishers, authors nor their employees, can be held liable for inaccuracies, errors or omission. Copyright is reserved throughout. No part of this publication can be reproduced or reprinted without the express permission of the publisher. All information is current as at publication release and the publishers take no responsibility for any factors that may change thereafter. Readers are advised to contact their financial adviser, broker or accountant before making any investment decisions and should not rely on this newsletter as a substitute for professional advice. © LJ Hooker Ltd 0712 LC1905-01, Licensed REA 2008, MREINZ.
One of the most common ways people buy a property in New Zealand is by Private Treaty – this is when a property is listed for sale with an asking price and potential buyers make offers in writing to the real estate agent who will then presents it to the vendor for consideration.
A private treaty sale occurs when a property is listed for sale with an asking price, the buyer makes an offer to the agent, who then presents the offer to the seller, who can then decide whether or not to accept the offer. Typically negotiations go back and forth between the buyer and seller until an agreed price is reached.
At the end of the day, location can make or break a house. Location isn’t just what street the property is on, but also what suburb, in what part of the country.
What makes one investor better than another? Here are 10 tried and true steps successful investors use to help steer their decisions and to help them get the most out of their investment.
If you are anything like most buyers, you’ll undoubtedly have a wish list for your new home that’s pages long…but few of us have a bottomless pit of money to fund our long wish list and we’re therefore forced to make some compromises when buying.
Below are a few reasons why we think winter is a good time to buy!
Your best investment opportunity might not be right on your doorstep, yet travelling to inspect a property in a different region will eat away at your savings. So, is buying sight unseen a wise decision?
It can take some time to make the move from renting to owning your dream home.
New Rules taking effect on September 1
Effectively means from 1st October 2015 tax is payable on any profit on the sale of residential property where the property has not been owned for two years.