Property affordability is challenging. A strategy many take is to use a guarantor. In this article we discuss the benefits on how it may help. Please note every strategy has it’s set of advantages and disadvantages. We therefore urge everyone looking to buy a property, particularly when using a guarantor to seek advise first. Many good sources are your accountant, financial planner, lawyer/solicitor...
When it comes to taking control of your personal finances, most don't take the time to create a budget. A budget doesn't mean you stop enjoying life. The primary purpose is providing you with a guideline to understanding what you can afford to spend on a property. This is irrelevant if you are buying a home to live in, use as a holiday home or to invest. It also allows you to discover what you are...
Property Settlement Guide - a guide to helping you experience a satisfactory settlement when buying an off-the-plan property. Congratulations on buying such a wonderful property! Buying a property can be extremely exciting and also quite nerve racking. It’s likely to be one of the most expensive assets you will own. At Crest Property Investments, we are here to help you throughout the full...
Establishing your objectives. As a former financial planner and now property adviser, Tristan Markulija has seen quite a number of goals and objectives. Some with great motivation, some very realistic and achievable, while some are completely unattainable. Part of our process in sourcing the right property for you, our team devote a large component in educating you on the property market, helping you...
Many people often feel that if they wait, they may find a bargain. Bargains come and go. First home buyers are very new to the property market and often nervous. It’s important to get advice, but be careful. Don’t listen to too many people, particularly if they haven’t been overly successful in real estate or perhaps not qualified to provide advice. Buying property can be an overwhelmingly emotional...
Many years ago, many buyers purchasing apartments and townhouses were acquiring them for investment purposes. However, it’s becoming a more preferred choice for many Melbournians to buy these types of residences to occupy rather than invest. Married couples wanting to stay close to the city are regularly looking for spacious Apartments and Townhouses, while many sole occupants prefer it. The...
Melbourne property under $500K. It’s evident that property prices in Melbourne continue to increase. Many find it difficult to meet the affordability, while others are fortunate to manage a large property portfolio. Nevertheless, every type of buyer would be very interested in sourcing a quality property, particularly Melbourne property under $500K. As at September 2017, here are some property...
Investing in Apartments, is it really worth it? The relentless housing boom in Australia’s cities, especially Melbourne and Sydney, is often framed as an inter-generational conflict in which younger generations are being priced out of the market by baby boomers. This is not necessarily true if they consider buying a property type that is more affordable while establishing a career and accumulate their...
First home buyers, buying your first home is generally the biggest financial commitment of your life. Of course, it’s absolutely normal to feel a mix of emotions… Are we doing the right thing? Can we actually afford it? Should I buy close to the city? Should I wait longer? What if the market changes? As property advisers, we understand the concerns that surround you. It is our role to help...