Mortgage Payments

What to Do If You Can’t Afford Your Mortgage Payments?

Struggling to keep up with your mortgage payments can be an overwhelming experience. Life events like job loss, financial stress and rising interest rates can impact one’s financial ability. However, it is possible to regain control of your financial condition with some major steps. This might include immediately talking with the lender and taking proactive measures. Here’s what you can do if you struggle to keep up with your mortgage payments.

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Online Real Estate Auctions

The Growing Popularity of Online Real Estate Auctions

Driven by technological advancements and changing customer preferences, the digital revolution has changed the way we perform real estate transactions. Over the past years, the real estate market went through notable changes with online real estate auctions being a popular choice for everyone. This innovative approach offers several advantages making it an attractive option for both buyers and sellers.

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Contingency Planning

The Importance of Contingency Planning in Real Estate  

Contingency planning in real estate refers to the development of pre-determined approaches in case things don’t do as planned. These plans often include contingencies in contract which allows you to make an appropriate decision. Also, this is an essential planning that outlines a response to unexpected events and changes in market conditions.

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real estate risks

How to Manage Real Estate Risks in a Volatile Market?

The dynamic world of real estate presents opportunities for astute investors amidst market volatility. Price fluctuations, economic downturns and changing population demands can significantly impact the real estate market. Hence, this makes it challenging for investors to manage real estate risks in a volatile market.

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Short-Term Rentals

The Benefits of Long-Term Rentals Over Short-Term Rentals 

Choosing between short-term and long-term rentals is a hard decision for property owners. Offering high rental returns short-term rentals do steal the spotlight but the hidden costs and market unpredictability make it challenging for the owners. In peak season, individuals can enjoy higher returns whereas fluctuating occupancy rates can significantly impact the consistent flow of income.

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equity to buy property

How to Use Equity from One Property to Buy Another?

In the Australian Real Estate market where property price often rises, equity can be one of the most powerful tools for property owners. Equity refers to the difference between the property’s market value and the remaining balance on your mortgage.

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Rental Agreement Tips

Top Tips for Creating a Rental Agreement That Protects You

A rental agreement isn’t just paperwork; it’s your legal document that brings clarity and mutual understanding. This document consists terms related to security deposit, rent amount and maintenance. It clarifies expectations, minimises disputes, and ensures your rights are protected. Here’s a detailed guide to creating a comprehensive rental agreement.

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Furnished property

Should You Rent a Furnished or Unfurnished Property?

The competitive rental market presents challenges for individuals seeking a desirable rental property. Renting a property is a significant decision for anyone in the market. The first choice you’ll make is between a furnished and unfurnished property. Both options have their advantages and disadvantages on their own. However, based on your lifestyle, budget and long-term life plans decisions should be made. So, now let’s explore which one can be better for you:

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Buying Foreclosed Properties

The Pros and Cons of Buying Foreclosed Properties

Life happens and financial difficulties may arise at any point in life. Unexpected events, job losses and poor financial planning may lead to the inability to pay monthly mortgages. As a result, foreclosed properties present an exciting opportunity for active investors in the market.

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Rising Real Estate Prices

How to Handle Rising Real Estate Prices as a Buyer?

The real estate market is volatile and market prices can change at any moment. Decreasing prices are fine for the buyers until it starts to go beyond affordability. While rising real estate prices may make buying a property more challenging, they also present opportunities for buyers who know how to navigate the market strategically.

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passive real estate investing

What Is Passive Real Estate Investing?

We have seen active investors in real estate who are always aware of the market shifts. But there are some investors who generate income from real estate without taking the burden of management. They are the passive investors who invest in varieties of properties allowing them to be a part of large projects .

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Lower Your Asking Price:

When to Lower Your Asking Price: A Seller’s Guide

Preparation starts right after the moment you decide to sell your property. This includes renovation, maintenance, creating curb appeal and most importantly setting an appropriate property price. After spending several years in your loved space, you may feel emotional. However, one must be strategic while setting the price for your home. But what if your property stays longer in the market than you expected?

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