Real Estate Investment

The New Zealand Housing Market - Is It as Bad as It Seems?

March 2, 2018
Talk of reform to address the ‘housing crisis’ has been dominating our headlines since the new coalition government took up house in parliament back in October 2017. One could be forgiven for assuming all is not well in the housing market and that now is not the time to buy, sell or rent. But a quick revision of recent developments paints a not so gloomy picture for all those involved. Foreign house-buyer ban policy may be eased, resulting in more housing...

Selling Privately - Is it Worth It?

October 3, 2017
Selling your property privately is an attractive prospect at first glance – you have more control and you save money by not using a real estate agent. Before launching into this endeavour, what’s needed is a careful look at the effort you’ll invest and how the price you get may not render it worthwhile. So, let’s pull back the curtain and take that careful look at the prospect of selling privately. Selling property is a job made up of multiple jobs...

What to Expect When Selling Inherited Property

September 1, 2017
Selling an inherited property can be a minefield and will likely come at a time when the mourning process renders you emotionally and mentally exhausted. To help, First Avenue Property have outlined a few things to be mindful of before engaging with a lawyer for further information and essential legal advice. Requesting an Updated Title Search To see where things stand with the ownership of the property, you’ll need to start by requesting an updated title search. This will uncover...

KiwiSaver Is Making It Easier To Get Into A New Home

November 1, 2016
This year, the Government introduced a number of changes to make it easier for certain homebuyers to purchase a home. Perhaps the most important of these changes is in how KiwiSaver accounts can be leveraged to pull together a deposit and contribute towards the overall settlement. At First Avenue Property we have noticed a dramatic increase in interest from first-time homebuyers this year, which we attribute largely to these rule changes. Changes to KiwiSaver HomeStart scheme In July 2016, changes to...

Monthly Christchurch Property Market Commentary - 26/08/2016

August 26, 2016
View Melissa's latest interview with Style TV for tips on getting your property ready to sell.

Property Resolutions for 2016

January 11, 2016
There are a number of simple things that can be done to improve your investment property to make it more attractive, safer and liveable for prospective or current tenants.

Lower interest rates - An argument to buy or break your current mortgage rates?

November 26, 2015
At the moment we are seeing unprecedented rates by the banks. Is the environment ripe for purchasing a new house or investment, or even breaking your current mortgage?

Part 4: Offer, Negotiation, Acceptance and Settlement

April 23, 2015
In this last instalment of the guide to buying a house, we’ll look at the process that you will follow around the negotiation period and in having your offer accepted.
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