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I just moved in one house and the landlord made noise and specially on the weekend 😢I can’t stay any longer just one month is enough for me. There contacted is month to month. Is should be fine, right? If I break the lease
A lot of what you spoke about here is actually illegal activity under the property Act. Underquoting is targeted by OFT and your viewers should be urged to report poor behaviour and illegal activity straight to OFT. Customers just accepting this from agents are part of the problem and helps create the poor representation of agents out there. Activity such as this is only there because some think they can get away with this. Make them accountable as OFT are more than happy to pull agents into line.
The thing is if you’re not preapproved, they’re not going to listen to you nowadays. So you might as well just be to make things easier. But I agree that you probably need to keep on a need to know basis when it comes to your personal information with anyone because that way you won’t destroy your chances of negotiation.
I completely agree! Being pre-approved is almost essential these days if you want to be taken seriously by sellers and agents. It gives you a stronger position when making offers. At the same time, it's smart to keep your personal information on a need-to-know basis to protect yourself and maintain leverage during negotiations. It’s all about being prepared and strategic!
One of the part of the process I ftse little tricky was dealing with agents. They will ask you for your price range, they will say they could show you properties that aren't already listed. Although, that could be true I wouldn't want them my maximum price if I had to negotiate over a property. I would advise be prepared to say I don't want to tell you that if they are persistent in asking. When I was negotiating with an agent, he was telling me that he was going to negotiate on my behalf and get the best price. I had to tell him that he had obligation to get the vendor the best price and he couldn't negotiate on my half. Perhaps he was trying to be helpful, but be prepared to be clear and firm with agents. I suggest avoid verbal offers and submit any offer by email. I did end up buying the house after all!
That’s great advice! It can definitely feel tricky dealing with agents, especially when they try to get your maximum price range. Keeping that information close to your chest is a smart move. You’re right about being firm with agents too - they do have an obligation to get the best price for the vendor, so it's important to manage those conversations carefully. Submitting offers by email is a great tip as well, so everything is in writing and clear. Congrats on buying the house in the end!!
The good old days of a price was set, and you negotiate down from there. Now they have a price guide and get a feeding frenzy of buyers competing against each other.
Absolutely! It feels like the days of negotiating down from a set price are long gone. Now, with price guides and multiple buyers vying for the same property, it's more like a bidding war. It really puts the pressure on, and sometimes the final sale price goes well above what you initially expected. Definitely a much more competitive environment right now.
Something tells me this is becoming more true as time goes on. Affordability constraints will push demand into apartments, units and townhouses particularly in major centres. Perhaps it's time for a new video on this Subject 🙏
Thanks for watching - This Townhouse in Eight Mile Plains sold for $620k in September 2024 - www.realestate.com.au/sold/property-townhouse-qld-eight+mile+plains-144137524 and this one for $687k in Aug 2024 www.realestate.com.au/sold/property-townhouse-qld-eight+mile+plains-145585300 I did mention specifically in Eight Mile Plains you'd be looking more at Townhouses vs Homes.
I found that Real Estate Agents can be quite aggressive when asking this question. I would try to deflect, but some can be insistent. As you have said, the agent will say I can show you properties that haven't been listed yet. I end up telling them, I don't want to tell you that.
You're spot on! Some real estate agents can really push hard for that information, and it can be uncomfortable. It’s smart to stick to your guns and not feel pressured into revealing more than you’re comfortable with. It's all about protecting your position and not giving away your negotiating power. Good on you for staying firm
Yeah there are still a few just under $700k in Inala but are fewer and fewer - e.g. www.realestate.com.au/sold/property-house-qld-inala-145646532 $680k sold last week.
It's important to note that most banks require you to apply for the loan within 90 days of settlement, as the loan contracts usually expire if they're outside this timeframe. Since you're buying a property off the plan, timing can be a bit trickier. For off-the-plan purchases, it’s best to start looking at loan options around 3 to 6 months before the expected settlement date. This gives you enough time to prepare, compare lenders, and get pre-approval closer to the settlement period. Just keep in mind that pre-approvals usually last around 90 days, so you may need to refresh it if there are any delays in the settlement. If the project takes longer than expected, you may have to reapply or update your documents to keep things on track.
Hi! I totally understand where you're coming from-navigating the current property market can feel overwhelming, especially with prices rising so quickly. However, every market has opportunities and, with the right mindset anyone can find a bargain.
@@MortgageBrokerAustralia I get where you're coming from about market opportunities, but in this current climate, I reckon having a roof over people's heads should come before investment opportunities. Housing is a basic need, and as prices keep going up, it's more important than ever to focus on making sure homes are affordable, rather than just seeing them as a way to make money. I know people on low incomes who have multiple mortgages because of investment - a teacher I know owns three houses! It was never meant to be like this. The government shouldn't have opened the floodgates for housing to be treated as just another investment. And here we are now. Channels like yours are steering people in the wrong direction. We've got full-time workers living on the streets or in their cars, while overseas investors throw their cash around, often not even knowing if it's linked to money laundering. The average Joe is the one paying the price for this mess, and housing should be about providing a home, not just a way to make a quick buck. Real estate has already become a cartel - they've all decided to play along so they all win, while everyday Aussies struggle to afford a place to live.
@@teomcamI used to think that house prices are mad even 20 years ago and was hoping that it would come down eventually. It did but not by much, mostly just stagnated. Like other business in life, unfortunatley prices are mostly driven by the law of supply and demands. Currently the demands are way higher than supplies and most likely will not change with the migrations, etc. So, good luck. I settled with buying in a less desirable suburb in Logan just to get out of the rental cycle, now I live in northern GC.
Gentlemen, a family is a bad investment, likely your woman will take the property from you plus take away all the children which you provided for. Don’t purchase more bedrooms than what you need and instead purchase in the nicest suburb which you can afford. The larger the property, the larger the taxes and bills. The Best financial investment advice is to not cohabitate with an Australia woman. We have dishwashers and microwaves and meals are now delivered to your door. Hiring a professional cleaner will do a better job and cost a lot less in the long run. Women are no longer useful for much more than a occasional fun time.
@@MortgageBrokerAustralia i do it too when i hold meetings. People don’t usually pickup on it but the ones that do i appreciate. So at least i know they are paying attention. Or just super picky haha. Thank you for your videos!
If you split ur interest only payment to Worley monthly daily or course it won’t do anything but what it I usually pay $300 extra a month on top and now I split tjay $300 to daily which is $10 I’m sure this would make a difference as interest is calculated daily on the principle amount ?
Someone plz correct me if. If the interest calculated daily And let’s say I pay principle and interest per month $200 and I wanna add $100 on top so that makes it $300 extra principle and I treat monthly . Now what if I spilt it into daily $10 wouldn’t it be better ? As the banks calculate notated daily so it’s every day my account loan is less by $10 so it’s calculated on the loan amount but 10$ less ?
If untreated calculated daily wouldn’t jt be better to make payments daily ? If I usually pay 100$ extra on top of my principle and interest payment , now I wanna pay tjay amount but daily like spilt it on. Each day .. wouldn’t it make a difference but dollar or so ? As I attest is calculated daily On the principle ?
Alter the frequency to fortnightly add extra 500-700 repayments obviously 2 people is easier on decent wage and wallah loan reduced by 17 years enjoy either investing in another and or being mortgage free by 40
This entire system is madness. A house should be worth what it cost to build plus a reasonable margin for the builder. Treating property as a moneymaking tool is destroying this country
I completely agree its alot of money, but its still below the current median house price in Brisbane which is over $900k - www.abc.net.au/news/2024-06-03/corelogic-property-prices-increase-may-housing-supply-demand/103919008 Hopefully the government does something to help create more affordable housing options.
I bought a 6 bedroom home in Northern Italy last month for $335k AUD. House is beautiful walking distance to the town of Bassano Del Grappa. With mortgage at 2.9% fixed for the entire 30 years. We left Brisbane and Australia, sold everything the country isn’t what it was and I would rather a better life over the grind of buying cars and a house as the Aussie dream
Wow, that sounds like an incredible move! Northern Italy is such a beautiful area. It’s definitely a different lifestyle compared to the Australian property market, which can feel like a grind at times. It’s great that you’ve found a place congrats!
Are you an Italian citzen? Was told brexzit ruined the European union! How are you supporting yourself to pay the mortgage...sounds too good to be truthful😢
Hi there, thanks for your comment! You've made an interesting point about South East Queensland potentially being less affected by any market changes. It's totally true that different regions can experience varying levels of impact during market shifts.
Redbank is not a flood risk lol, gentrification will blow prices out of the park i grew up in Redbank and Goodna and am aware of the growth potential in the area..schools are popping up everywhere, developments too, new road upgrades etc. Suburbs closest to the Brisbane corridor will see the biggest growth, Gailes, Camira, Goodna, Redbank, Redbank Plains, Springfield, Augustine Heights...Brookwater is already up there as one of the most expensive suburbs in Queensland
While Ipswich certainly has its challenges, it's also got some hidden gems that might surprise you. We've helped plenty of clients find great homes and communities in parts of Ipswich that are on the up and up.
If you pass away before the loan is paid off, it goes to your heirs. Whoever inherits the house also inherits the loan. No worries. This is the same thing that happens if you take out a 30 year loan at age 25, but then you pass away before you reach age 55.
Thank you for your insightful comment! You've raised an excellent point about loan inheritance, and you're absolutely right. The process works the same way regardless of the borrower's age when they take out the loan.
If only RE agents weren’t scumbags that now only “taking offers over….” Fucking scumbags letting bing bongs come over and invest and kick out young Australian families and people.
