If you have been thinking about selling your home, it’s the time to get serious! If you want your home on the market in Spring, you need to be thinking about preparing to list as early as August. You need to speak to your agent and get any necessary paperwork prepared so that you can have your selling strategy organised before Spring arrives. At Fitzpatricks …
Continue readingResidential Property
How’s the Market? August 2015
Well what a time we are having in our topsy turvey Wagga Wagga real estate market. And understandably sometimes I find it really hard to read the signals and indicators, and I find it even harder to understand the real estate statistical jargon. There are plenty of sources out there in the market that track and report on indicators like the ‘mean average’ price. The …
Continue readingDuring the 1960s and 1970s, loose fill asbestos was sold as ceiling insulation and used for residential and commercial purposes. While being mainly sold in the ACT as Mr Fluffy, there are a small number of properties within NSW that have been found to contain it. The Australian Government has launched an investigation to find out how many homes contain the insulation and Wagga Wagga …
Continue readingNegative gearing is being debated in the media spotlight at the moment, however it still stands as a legitimate tax reduction positive for property investors. Here’s a run down on the pros and cons of Negative gearing. Negative gearing is the process of adjusting the borrowing on a property so that annually the property operates as a financial loss, which can be used to reduce your …
Continue readingHere are some easy ways to save money on your mortgage: Look outside the big four banks for your loan. Negotiate fees, rates and conditions. If you can’t do it yourself, consider hiring an expert. Try to pay associated loan costs such as application fees, legal costs or home loan insurance costs from your own cash savings rather than adding them to your loan balance and incurring added …
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