The Benefits of Long-Term Investing, Compound Interest, and Dollar Cost Averaging If you’re looking to grow your wealth, long-term investing is the right way and is a great option. But there are a few things you need to know to make sure you’re doing it right. Of course, all of these areas can be greatly expanded on, but this article is to give you a…
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How to Improve Your Credit Score to Obtain Finance
How to Improve Your Credit Score to Obtain Finance Are you looking to obtain finance? Then you need a good credit score. Below I will outline ways how to improve your credit score. Your credit score will determine whether you are eligible for finance or how much you may be entitled to borrow. In this article, we will focus on how to improve your credit…
We Are In a Recession. So Where To Now For The Property Market?
We Are In a Recession. So Where To Now For The Property Market? Well, it’s pretty strange out there in the property market! Interest rates have jumped, then fallen, then risen again. Home sales have slumped, but inventory remains sparse — and home prices might even be rising again (more coming on that). Inflation was under control, until it wasn’t, though maybe it is again….
Benefits Of Being A Homeowner
Benefits Of Being A Homeowner Owning a home is a significant milestone for any New Zealander and it has been throughout our history and the benefits of being a homeowner are massive. Home ownership provides numerous advantages including stability, financial security, freedom, self-expression, leverage and the opportunity to build equity over time. Home ownership does come with financial responsibilities, but this does not out way…
Can You Convert A Cross Lease Property To Freehold?
Can You Convert A Cross Lease Property To Freehold? To convert a cross lease property there are a number of things you need to think about. But first, let’s look at what is a cross lease and does it hinder the sale of a property, is it actually worth converting to a freehold title? What is a cross lease? A cross-lease is a type of…
Why Should You Invest in New Zealand Property
Why Should You Invest in New Zealand Property? Investing in property has long been considered a reliable strategy for wealth accumulation and retirement planning, so why should you invest in New Zealand property? When it comes to property investment, New Zealand stands out as an attractive destination. With its stable economy, strong legal framework, and growing population, New Zealand offers numerous advantages for long-term gains…
Property Market Update May 2023
Property Market Update May 2023 Here we are well into another winter of real estate, and once again the market remains ‘low and slow’. However, we feel confident that the market is close to having bottomed out. There are several reasons for this: Mortgage rates are reasonably stable now and likely to remain so Low numbers of listings (properties coming to the market) and likely…
What’s The Difference Between A Mortgage Broker Versus A Bank
What’s The Difference Between A Mortgage Broker Versus A Bank When it comes to obtaining a mortgage, you have two main options – working with a mortgage broker or a major bank. Although both options have their advantages, opting for a mortgage broker could provide a range of benefits that make it the better choice for many borrowers, whether you are purchasing your own home…
Highest First-Quarter Fall in 15 Years For Auckland Property Market.
Highest First-Quarter Fall in 15 Years For Auckland Property Market. Well, the media talk in late March and early April has all been about how Auckland property market house prices are continuing to ‘plunge’, and in fact March did see the highest first-quarter fall in more than 15 years: Auckland (-5.2%), Hamilton (-5.2%), and Wellington (-4.8%) led the decline. What the media is telling us…
Thinking Of Selling Your Home Privately?
Thinking Of Selling Your Home Privately? So you are putting your home up for sale and thinking of selling your home privately. Often people who are looking at selling their home think that selling privately will save them money – this is a misconception. Buyers, and particularly investors, who see a private sale are thinking that this is a great opportunity to strike up a…