Buying or selling a property isn’t simple and it’s something we don’t do every day. And when it comes to real estate advice or information, it’s everywhere. The only difference is some may find it helpful but much of it is misleading unless it’s from a real estate expert. Real estate myths can lead to significant losses of time, increased stress, and substantial financial costs.

Buying a property is more than just finding a perfect home. It’s about making a smart and informed investment considering wealth building. In real estate due diligence, refers to a detailed investigation done by investors or buyers before purchasing a property. If one overlooks the critical factors while buying a property, it can become a financial burden shortly.

Experiencing a foreclosure can be devastating and add another layer of stress to your already stressful situation. Foreclosure usually occurs when you have remaining mortgage payments to be made for several months. This is when the lender seizes your property and recovers his borrowed amount. In Queensland this process is commonly known as “mortgage in procession” or the next option for lenders is “warranty and seize”.