Looking To Sell Your Property Why Settle For Less When You Can Sell For More With Tattersalls

Buy sell Property & Real Estate Investment Guide

Buying Property Tips#1: Choose the Right Location
Before you choose a location, it is of utmost importance that you consider the development prospect of the area. Other factors to consider here is crime record of the area, availability and nearness of public facilities and utilities.
Buying Property Tips#2: Study the Local Market Dynamics
It is important to get well familiar with the local realty market. Learn the variation in property prices by street. Don’t shy away from asking a few realty investment agents questions to get better insight on the matter.

Tattersalls Real Estate is an integrated real estate services business, we are your trusted source pf property advice, services and solutions – no matter what the need, and we are there every step of the way. With our multi-faceted approach, our experienced team is committed to doing more and going that extra mile to ensure we deliver superior results with a six star service experience.

Whilst Tattersalls Real Estate's approach is local, our reach is national as we are not defined by conventional suburb boundaries. This gives us unique insights into the broader market and stages of the property and pricing cycles.

To get the best result, you need our team of specialists. For us an effective marketing campaign is just one aspect of a successful sales campaign. Our approach to each sale reaches far beyond your typical suburban real estate agent such as zoning insights, prevailing interest rates and changes, development potential, applicable LVR's to your property type and much more. Sometimes, the correct decision may be to hold on for a better offer, you need a trusted partner that can provide you with transparent advice with a 360 degree view. Tattersalls Real Estate is able to leverage our extensive knowledge, market insights and expertise all with the aim of getting you the best possible price.

Buying Property Tips#3: Choose the Right Property
Getting the right property right away is quite unlikely. First, you need to be clear on why you want to buy an investment property. After that, you will be able to make right decision based on factors like remoteness or accessibility of the property.
Buying Property Tips#4: Do the Math Properly
Get a precise idea on the value of assets you have available. If you are investing in rental property, make sure you can easily cover the mortgage payment through rents. Additionally, get a clear idea on the appraisal value of the property beforehand.
Buying Property Tips#5: Consider Additional Expenses
When purchasing an investment property, it is not only the selling price that investors need to consider. There are various additional expenses such as property tax, home owner’s insurance, repair & maintenance that must be considered.

“By failing to prepare, you are preparing to fail.” – Benjamin Franklin All too often, vendors fail to afford themselves the necessary time to prepare their property for sale, this in result can cost them dearly. To get the best result possible, it is important that you take the time to prepare your property correctly. That's why Tattersalls Real Estate offers you a no cost, no obligation service to advise you on:

  • What a realistic price would be and how to get that bit more for your property
  • What improvements, if any, should be done to ensure the best possible price is achieved
  • How to best present your property for a marketing campaign
  • who your buyers are, and what they are looking for in a property

What are you looking for in an agent?

If your agent is unlikely to answer the following basic question then give Tattersalls Real Estate a call, because we will have the answers.

  • How are pending interest rate changes going to affect my sales campaign?
  • Who are most likely my buyers?
  • What is the highest and best use of the property given the current zoning?
  • What LVR is a buyer typically going to be able to get for my property and how will this influence my sales strategy?
Buying Property Tips#6: Inspect the Property
To ensure that you are getting everything you are paying for, a thorough inspection of the property is essential. Besides ensuring that you are not overpaying, a rigorous property inspection also gives you a good estimation on what the additional expenses might be.
Buying Property Tips#7: Pick the Right Financing Option
While interests on investment property loans are tax free, some borrowing costs aren’t immediately tax deductible. Knowing that, and structuring your financing in accordance is crucial. Don’t hesitate to ask for help from a financial advisor.
Buying Property Tips#8: Invest through Equity
One of the best ways to purchase an investment property is to leverage the equity of another property (including your primary home). This is a preferable way among regular investors, especially due to added tax deduction advantages.
Updated: April 9, 2017 — 3:54 am
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