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Selling into a Coronavirus Market

The 4 requirements for a seller are to get to SOLD, at the best price, with the least problems and in the shortest time.

To do this, we are arranging private appointments with qualified buyers only, ie those who have inspected the web photos, floor plan and are looking for your type of property, and, are in that price range, are ready to buy now and have made an offer or missed at auction, sold a home or property and generally fit the criteria for a QUALIFIED buyer.

For private appointments please see our procedures here.

If you do need to sell now, please call me for a chat to discuss various options available.

Time to Buy in 2020

It’s the year of the Rat and one of the main qualities of this Zodiac sign is to take control of your wealth, financial sufficiency and money management…

At Raine and Horne we can help you into your first home or into your next home, building a safe and secure future for you or you and your family.

Give me a call now and lets chat

Wayne’s It’s Possible Seminar

Last chance to book into It’s Possible seminar in Bali

19-27 September 2019 at The Colony Hotel

Contact us at wayne@wayneihaka.com

+61 418473780

Image result for photos of bali indonesia

Fabulous Clifftop Home

36 Wentworth St Dover Heights

RENOVATE OR REDEVELOP

Glorious, unobstructed views over the Tasman Sea to the East and Sydney city to the West, a rare offering for an astute buyer.

Set on a level 544m2 block ( 14.86 × 45m ) approximately, this 1920’s home is ideal for those seeking a blue-chip location. 

Completely liveable as is and would benefit from a renovation or full development.

Flooded in natural light showcasing a spacious, full-width kitchen and family room, with direct access to a large entertaining deck makes this an easy-living home. 

A sun -drenched rear garden adds to the allure of this location with its cul-de-sac address. 

https://www.raineandhorne.com.au/doublebaybondibeach/properties/36-wentworth-street-dover-heights-2030-new-south-wales

Price Guide is $5,500,000

Finance in Sydney 2019

It’s almost as if the major banks have hollered “head for the hills”, lock up your daughters.

Last week I had a client who had pre-approval to buy, but the bank would not give final finance approval until they could value the property and they would not value it unless she had exchanged contracts.

Whoa! Welcome to the world of over-reaction.

We exchanged with a 5 day cooling off and got the deal over the line- so what’s the lesson here? Be careful, as if you as an agent, know that they are not financed, you cannot exchange unconditionally.

Market Stabilises- Banks to lose out

With the banks suffering their worst month ever in PR terms as a  result of the results from the Royal Commission, their reaction in punishing borrowers by insisting on more onerous lending  criteria can only lead to tears for the borrowers and ultimately themselves as there now exits a perfect vacuum for a new lending model to come into being– watch this space !

Who Do You Believe?

Who do you believe? What is the clearance rate at auctions? Should I sell now or should I wait until later ? Auction versus private treaty?  Well, the answer is in all of these but WITHOUT A DOUBT, your property needs to be exposed to as many buyers as possible to achieve the highest price in any market.

How do you know that someone else would not pay a better price if you are selling off market to one buyer who supposedly will pay a premium?

Is this premium price the market price ?

AUCTION WILL WORK BETTER IN ESTABLISHING TRUE MARKET VALUE

What Does 2018 Bring to Sydney Real Estate

Sales are off to a healthy start but not at levels of consumer interest that we saw during mid 2017.

Commentators are still talking about a “crash” not realising that it would take  high unemployment, higher inflation, 2-3% hike in interest rates and a low dollar  before a major change in prices would occur.

Apartments in some corridors will experience a leveling off and we are seeing that now but this was expected with the withdrawal of the overseas buyers due to Federal and State taxation policies.

This market is all about confidence from buyers and sellers and that is there in abundance

Where Do you Put your Money?

Banks give you 2%,

Stockmarket is for those who can afford to lose, or have an appetite for risk.

Bitcoin is hard to understand and may be a bubble.

Cash under the bed means you need a really big bed.

So there you go- Sydney Real estate which has more than quadrupled since 1988!

Spring Selling Season Real Estate Sydney

So here we are in 2017 with the experts saying a crash is coming- again! Let’s be frank; Sydney expands by 80,000 people each year  and we barely build new dwellings ( houses and apartments) in sufficient numbers to satisfy 75% of that.

Until demand is less than supply, prices will remain as is , static or rising; it’s a simple law of economics

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