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UBER Dream Homes

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24.01.2022 Where do you buy property from ? Where do you buy groceries from - Coles or Paddy's markets ? Paddy's markets is much cheaper because it is direct from farmer to consumer. The retailer is eliminated from the model. Transport costs are minimised and storage costs are eliminated. The food items are perishable and there is a strong case for selling on the day, otherwise there are consequential storage and transport costs.... Where do you buy property from - Normal or motivated seller ? Motivated seller has an urgency to sell for many reasons like untenanted deceased estate in rundown condition, divorce, banks chasing default homeowner, business gone into liquidation or failed Joint venture. In such cases, non-financial aspects like will dispute, bitter relationship, credit rating and inability to complete project play a much bigger role. When you buy from a motivated seller, they are prepared to take a lower price to put an end to their associated problems. If you need help with finding discounted and off market properties from motivated sellers, contact me. #buyeragent #investment #invest #property #realestate #realestateinvesting #homebuyer #firsthomebuyer #investor #upgrade #downsize #developer #builder #realestateagent #mortgage #loan

23.01.2022 Weekend thought ...

22.01.2022 What is a true off market deal ? A true off market deal is one where there is little competition. The competition comes mainly from leads generated by sales agent and by internet listing, though there could be other sources. This means you are very likely to be the only person negotiating with the vendor. The sales agents fees/marketing fees and auctioneer fees are saved in the process and deals can be done quicker creating a win-win outcome for both parties. If a sales agent... rings you with an off market property, you need to question why a sales agent is involved if it is not on market. They are ringing other buyers like you too. They most likely mean it is offline ie. not on internet for privacy purposes or for a few days before the property goes online. If it is online direct from the vendor, it is again not off market, as there is competition from the public. #buyeragent #investment #invest #property #realestate #realestateinvesting #homebuyer #firsthomebuyer #investor #upgrade #downsize #developer #builder #realestateagent #mortgage #loan

21.01.2022 Something to ponder.

21.01.2022 Best wishes for a bright and prosperous New year, filled with happiness for you and your family ! If you are looking for a discounted or off market property/development site, you need a specialist.

18.01.2022 *** Example of TRUE OFF MARKET deal *** An example of off market deceased estate site is 49 Darcy Rd, Wentworthville. I had the property for almost two months without any competition. 24 Jun 2020 Date the deal was offered to my contacts. ... 18 Aug 2020 Property listed on market by Ray White 12 Sep 2020 Property sold on auction for 1.095 mil. I made two offers of 850k and 927k on behalf of my clients before the property went to market. Both were rejected and the vendor decided to go to market. This property could have been bought below 1 mil before it went to market and saved at least 95k. Why would the vendor accept a lower price and still benefit ? The vendor would save selling agent fees/marketing fees and auctioneer fees. The property was untenanted, so it was not generating any income and was actually costing in terms of council rates, insurance and other expenses. If we did the deal in June on the property, the vendor would have saved three months of property expenses and generated three months of interest. The vendor would have certainity of price rather than wondering for three months what price it would sell for. The time to sell is also uncertain. The vendor would save time required to select a sales agent, sign up the paperwork, open houses and track progress till the auction date during a stressful time of their life after a death in the family. This itself could justify the lower price for sophisticated vendors especially businessman who understand the value of time and could generate more revenue in the saved time than the shortfall. This is especially relevant if the vendor just does not have the time eg. business and spending time on sale process will cost money on the business side. In deceased estate, there is a reasonable possibility that there might be differences within the family, so an early deal brings a closure to the stressful period. In short, there are financial benefits and non-financial benefits like certainity of price and time, time savings and related cost of opportunity, stress relief, peace of mind, closure to an issue and convenience. I am attaching a snapshot of whatsapp message I sent to my contacts about this opportunity. Pls note the date at the top showing the message was sent on 24 Jun 2020. I am also attaching a snapshot of RPData showing 18 Aug 2020 Property listed on market by Ray White 12 Sep 2020 Property sold at auction. #buyeragent #investment #invest #property #realestate #realestateinvesting #homebuyer #firsthomebuyer #investor #upgrade #downsize #developer #builder #realestateagent #mortgage #loan

15.01.2022 FULLY RENOVATED Premium unit close to station, schools and upcoming Parramatta aquatic and leisure centre If you are a home buyer who just wants to move in and enjoy lifestyle without maintenance and are looking for a premium unit OR an investor who wants high rental income and does not want to worry about vacancies and maintenance,... then you might like to consider this unit. It is for you if you MUST have the best. This is not for you if you are looking for an average unit and cannot distinguish a Toyota from a BMW. The unit is spacious unlike newer units and inside walls are brick. All the living spaces and bedrooms get plenty of daylight creating a very healthy environment. The larger balcony is is next to kitchen and spacious enough to enjoy meals with the family. https://www.realestate.com.au/property-unit-nsw-westmead-13 PS: This is not a discounted property and I am not acting as a buyer agent in this trx. #realestate #property #realestateinvesting #buyeragent #buyeradvocate #realestateagent #homebuyer #firsthomebuyer #invest #investor #investment #developer #builder #upgrade #downsize #mortgage #loan

11.01.2022 Australia’s housing boom rolls on with national home values lifting another 2.2% in May. If you are still sitting on the fence, it is time to take ACTION. Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month. The rise in May was a stronger result compared with April (1.8%), but weaker than the 32-year high recorded in March when values surged 2.8%.... CoreLogic’s research director, Tim Lawless, observes that growth conditions remained broad based both geographically and across the housing types and valuation segments. Values were up by more than 1% across every capital city over the month, with both house and unit values lifting across the board. Of the 334 SA3 sub-regions analysed by CoreLogic, 97% have recorded a lift in housing values over the past three months. Such a synchronised upswing is an absolute rarity across Australia’s diverse array of housing markets. #realestate #property #realestateinvesting #buyeragent #buyeradvocate #realestateagent #homebuyer #firsthomebuyer #invest #investor #investment #developer #builder #upgrade #downsize #mortgage #loan

11.01.2022 WHERE IS THE MARKET COMPARED TO PRE PANDEMIC TIMES ? If you are wondering whether the market is up or down compared to the pre-pandemic levels... https://www.macrobusiness.com.au//aussie-property-values-/... Sydney: Sydney dwelling values initially fell 2.1%, bottoming on 13 October 2020. Since then, Sydney values have rebounded a whopping 15.6% to be 13.1% higher than the pre-COVID level on 15 March 2020. #realestate #property #realestateinvesting #buyeragent #buyeradvocate #realestateagent #homebuyer #firsthomebuyer #invest #investor #investment #developer #builder #upgrade #downsize #mortgage #loan

08.01.2022 HOW DO YOU SECURE THE PROPERTY AT MARKET PRICE AND BEAT THE COMPETITION FROM OTHER BUYERS OVERBIDDING FOR PROPERTY ? Let me describe the situation. Your situation: ...Continue reading

08.01.2022 *2021-22 Federal Budget* Excerpts from Chief Economist, CBA, Stephen Halmarick's analysis of Federal Budget for property *Property*... The new Family Home Guarantee program will help single parents buy a home. This program allows single parents with a household income of less than $125,000 to buy a home with a deposit of just 2%. The government guarantees the remainder of the deposit. There will be 10,000 places available from 1 July 2021. The existing New Home Guarantee program has been extended, with another 10,000 places added. This program allows first home buyers to build or buy a new home with a deposit of just 5% with the government guaranteeing the remainder of the deposit. The First Home Super Saver Scheme (FHSSS) has been tweaked. Currently, anyone seeking to save a deposit for their first home can make voluntary contributions to their superannuation fund, capped at $15,000 a year, to take advantage of the special tax treatment of super. The maximum they can save under the scheme is $30,000. That cap has been raised to $50,000 in the Budget. The government already allows older Australians to make a post-tax downsizer contribution to super when they sell their family home. From 1 July 2022 the minimum age will be lowered from 65 to 60. This policy is designed to encourage downsizing and free up larger homes for families. For full report, see https://www.commbank.com.au/federal-budget.html #realestate #property #realestateinvesting #buyeragent #buyeradvocate #realestateagent #homebuyer #firsthomebuyer #invest #investor #investment #developer #builder #upgrade #downsize #mortgage #loan

07.01.2022 A big thank you to all those who have included me in their property journey.