Have you considered a property that can do both?
The six-year property capital gains tax exemption rule might just be the key to making your purchase a hybrid property.
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The Bank of Mum and Dad - Part Two Mitigating risk via Asset Selection and Establishing Timelines13/3/2024 In part one of the Bank of Mum and Dad we discussed the mechanics of using equity in the family home to assist your children in gaining a mortgage and entering the property market. If you missed Part one please review our blog posts “The bank of Mum and Dad” found on the MCS Buyers website.
This week, we’re going to explore the workings of the expression, “The Bank of Mum and Dad” to understand what it means, the potential positive advantages and red flag potential dangers in going down this path.
Warning: This article delves into the realities of purchasing your dream home in Sydney. Fear not, with the right approach, it might be more achievable than you think. In the business realm, the term “agile” is frequently employed to describe a philosophy that embraces change, adapting swiftly and with versatility. In a similar vein, today’s Sydney real estate buyers need to embody these principles, especially if they are entering the Sydney property market for the first time or striving to attain their dream home.
Like a kangaroo caught in the headlights of an oncoming car, many auction attendees experience a feeling of paralysis and are often caught off guard by auction proceedings.
In this fortnight’s MCS Buyers Newsletter, we explore ways of mitigating auction paralysis to ensure you navigate the experience from a position of confidence and knowledge. Welcome back to those who took some much-needed time out over the Christmas/New Year Summer holiday period. This period is usually slow for the Sydney Real Estate market as agents take a much-needed break, and Sydney buyers switch off for a few weeks of vacation.
Sydney, as an international city, shares its high-priced home status with fellow global metropolises such as New York, LA, Paris, London, Vancouver, Singapore, and Auckland. While this results in an expensive property market, it also presents the opportunity to acquire a quality investment that provides financial security beyond retirement.
What does a property buyer's agent do for you? You have finally decided to purchase a Sydney property but don’t know how or where to start. If you have researched previously, perhaps you have read many times about the term “buyers advocate” or “buyer 's agent”, but still not sure what the role is in the real estate business in Sydney.
Expat Buyers“Landmark Mosman house sells to Aussie expats sight unseen for more than $15m.” Don’t be this person!
As active Buyers Agents specialising in Sydney’s north, we not only inspected this property, we were also well aware of the level of interest, comparable value and general condition. It’s one of many properties we could sight as an example of great marketing and photography, but not so great presence |
AuthorMalcolm Middleton. Principal - MCS Real Estate Buyers Advocate/ Sale Assist, Property Expert, Entrepreneur, Property Development Archives
April 2024
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