Is now the right time to BUY property in Australia?

We often wonder if we're any better off or even worse off by selling at any point in time or buying when interest rates are low and property prices are on the rise. I am in favour of investing in cities across the country. Some areas are more popular than others and this is a driver for capital growth or good cash flow. When is buying, selling or renting really the right time. This varies for everyone depending on their individual situation. For one with a steady income and where rent is high, it may be beneficial to buy as the difference between the rent and the mortgage may be little. Maybe you're in a cost effective rental and to buy, you will be paying a significantly larger amount that won't be easily serviceable. It is important to do a lot of leg work and research the market before going into the property market as either an investor or owner occupier. Some investors are looking into their super to buy a property however in my opinion, it is better to borrow the money then buy property for tax purposes by negatively gearing and keep super to earn interest and invest in shares. This is touching on the topic briefly and there really is so much more to consider. The first step to take would be to speak to a mortgage consultant and find what loans are available to you. You will know how much you can borrow, what the monthly repayments would be, and if you can afford to buy a property that suits your needs within that budget. Also consider investing in more affordable areas that achieve positive cash flow through rental income. If you want to know what mortgage brokers are out there, feel free to contact me via www.primerealtor.com.au At Australian Prime Realtor, we are committed to helping you with your property and investing needs. Written by Hannah Aria

Selling house and the hidden costs

Not all of us are familiar with the costs associated with selling our home. Agent fees can sometimes be unclear or daunting and on such an important matter, it is essential that we understand exactly what we're in for whether the property is sold or not sold with the listing agent. Often, advertising fees are unavoidable and we are faced with bills amounting to thousands to cover the cost of on-line advertising, printed material, professional photography and sign-boards just to name a few. Wouldn't it be nice if the stress of paying bills when trying to sell your home for the best price possible was removed, and advertising cost were incorporated in the sales commission fee. I agree it would be a much simpler and desired avenue to take when selling house. It is therefore important to shop around for the right agency when you are thinking of selling. Some agents offer 1% + GST. others offer a higher commission percentage minimise the advertising cost. Australian Prime Realtor have a ridiculous promotional offer available to Sydney siders that's is not too good to be true; it's just simple. $4990 covers all the advertising and sales commission, so sell your house with www.primerealtor.com.au and pay no more than $4990.00. I like the sound of that!