Archive for June, 2020

Why you should use a Mortgage Broker

I read a stat the other day that quoted 60 per cent of all home and investment loans are completed by mortgage brokers. I assume the remaining 40 per cent of people go to their bank directly. The community’s preference to use a broker to assist them in choosing the right bank and loan to meet their needs seems clear.

The Hayne Royal Commission into … Read the full post »

Current relief for Tenants

What Exactly Does the ‘Moratorium on Evictions’ Mean?

The messages from the media and Government around the ‘moratorium on evictions’ were patchy and sometimes confusing, leading some to think that it meant ‘free rent’.

The Premier, Mark McGowan addressed that idea by stating “tenants must continue to pay rent. If a tenant can’t pay their rent they will still have to pay … Read the full post »

Western Australian State and Federal Building Grants

Prime Minister Scott Morrison announced last weekend a new grant program designed to support the residential construction sector. Coined “HomeBuilder”, obviously brought to you by the same imaginative namers of JobKeeper and JobSeeker, the program is designed to encourage home owner-occupiers to undertake a new home build or substantial renovations by gifting them $25,000.

There’s a few rules to follow to get the $25k, but … Read the full post »

Making an offer “Subject to Sale”

Buyers are, of course, often sellers too. Most people who decide to sell their home also look for an alternate property at the same time and may find something appealing before they have secured a buyer for their own.

Buying a property “subject to the sale of another property” is common and REIWA agents are … Read the full post »

If Icarus was an Agent

The Greek story of Icarus, like all good myths, provides insight into the best and worst of the human condition. The story is well known; Icarus, in fleeing Crete with his father who fashions wings from feathers and wax, is warned not to fly too close to the sun. Icarus, overcome with the joy of flight, falls victim to his own hubris, arrogance and dangerous over-confidence, soars too … Read the full post »