Mike Lao in Salisbury, South Australia, Australia | Property appraisal

Mike Lao

Locality: Salisbury, South Australia, Australia

Phone: +61 410 390 250

Address: Shop 5, 25 Wiltshire Street 5108 Salisbury, SA, Australia

Website: http://edgerealty.com.au

Likes: 4587

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• Property appraisal
• Property management company
• Estate agent

25.01.2022 One of the most common questions we get asked is why banks and agents give the same home different value estimations. Although there are several factors that can influence this, the answer comes down to one word: context. When a bank lender values your home, they are considering what they would be prepared to lend based on the property type and size, keeping in mind if for some reason you were unable to pay your mortgage they would need to sell it to recoup their losses. Re...al estate agents on the other hand look at your home with respect to market performance, market demand and other features like how close you are to the local primary school. The net result is that bank lenders view your home as a single entity to value, whereas agents look at the overall suburb and market context which can change how both parties see the value in it. Gotten two different home valuations and not sure which to trust? A third never hurts!

25.01.2022 Good things come to those who work for it.

22.01.2022 Trying to purchase a house but your offer was rejected? It can be frustrating and disappointing, but here are 4 reasons why that may be the case: The seller got a better offer: whether it was more money or better settling terms, home sellers want the best possible offer and it’s possible yours just wasn’t it, especially in a sellers market... You went too low on the price: going just below the asking price is a common tactic, but going too low can result in the seller not taking you seriously, and writing you off altogether Too many contingencies: sometimes sellers will take a lower offer with easier terms if it means less work for them, so when putting contingencies into your offer, think carefully about how important they are Financing issues: there’s a difference between being pre-qualified and pre-approved because the latter means you’re good to go immediately, and this could be a convincing point for sellers Purchasing a house can also be made difficult by sellers expectations (which can sometimes be unreasonable) or their preferred time frame so don’t lose heart! Do everything you can to present the best possible offer and go from there.

18.01.2022 Looking for a touch of luxe? Try adding some metallic finishes @adoremagazine shows us a good example of it.

18.01.2022 We have been looking at properties to purchase for over 6 months and had not so friendly experience from other real estate agents.... and then we met Mike Lao. Mike has been been very prompt with responding to my inquiries via text and email, patient with answering my questions. He is so dedicated to his clients that he accommodated our request to view a property during a public holiday. We would happily engage his service again. Thanks Mike for all your help.... -Kristanne

17.01.2022 NEW RELEASE - FOR SALE / / 16 and 18 Carey Street, ELIZABETH PARK Impressive Investment with Future Promise! 6 Beds | 2 Bath | 4 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-elizabeth-park-2

14.01.2022 Adding texture like fur and wood can bring warmth to any room. Photo from @Bjurfors

14.01.2022 NEW RELEASE - FOR SALE / / 2 Hibiscus Street, ELIZABETH VALE Easy-Care Living in a Central Location! 3 Beds | 2 Bath | 1 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-elizabeth-vale-2

14.01.2022 When looking to buy a home, make sure you talk to your real estate agent to get their industry insights. Our top 4 questions to ask include: Why are the owners selling? How long have they been trying to sell for? What’s included in the sale?... Have any renovations been done on the property recently? Asking these questions can give you great insight into the sellers, the property itself and make sure you aren’t going into negotiations blind. If this is the kind of information you want access to, give us a call!

13.01.2022 NEW RELEASE - FOR SALE / / 2/135 Fenden Road, SALISBURY PARK Easy-Care Home Nestled within a Peaceful and Friendly Community! 2 Beds | 1 Bath | 1 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//unit-sa-salisbury-park-22

12.01.2022 NEW RELEASE - FOR SALE / / 4/4 Jane Street, SMITHFIELD Easy-Care Home Nestled So Close To Everything! 2 Beds | 1 Bath | 1 Car... For more information on this property, contact Mike Lao on 0410 390 250 or go here http://bit.ly/4-4-Jane-St

09.01.2022 Let us remember those who have lost their lives trying to protect their country...

07.01.2022 Appreciate the kind words Wayde. Mike and his team did an amazing job from appraisal to sale. House sold within a fortnight, completely exceeding our expectations. Highly recommended. - Wayde | 8 Peterswool Road

06.01.2022 If you’re thinking of having a color theme in your home, remember that even just one color can have different hues and tints. Take inspiration from this space transformed by @cranberry_design.

04.01.2022 Adelaide experienced an average growth of 5 per cent in 2020 despite the effects of COVID-19. In fact, analysts are seeing South Australians deciding to skip a summer holiday and wait for Easter instead, which then allows the robust market conditions in Adelaide to continue until early April. Right now, the combination of confidence and record low-interest rates has encouraged more South Australians to buy property at least until the April holidays. ... State borders reopening will be another growth driver for Adelaide’s market in 2021.