SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLS SOLD SOLD
19 Wentworth Street, Cottesloe
For further information please feel free to contact me anytime.
DEB BRADY
0405 570 903
Wednesday 30 November 2011
SOLD SOLD SOLD IN 7 DAYS!
Hi Followers
SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLS SOLD SOLD
For further information please feel free to contact me anytime.
DEB BRADY
0405 570 903
SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLS SOLD SOLD
For further information please feel free to contact me anytime.
DEB BRADY
0405 570 903
"How to access more equity faster"
Hi Followers
I came across this today and thought I'd share:
So once you’ve found your cheap investment and finally gotten used to another mortgage, you might want to start thinking about investment number two, or tapping into equity from another property. The trouble is, the current financial situation around the globe means banks have tightened their lending and may be reluctant to lend you more money in a short space of time.
However, Your Property Success director Jane Slack-Smith says those hoping to tap into more equity using either their home or an investment can use a few handy tricks to pull equity together, especially if you hope to borrow more money within just six months.
“The lenders will use the valuation that’s on file for six months, unless there’s something substantially different,” Slack-Smith says.
“So if you’ve done a major renovation or bought below the market value, if you can show somehow that it’s outside the norm, you can request another valuation to access equity. If you’re really onto it when you purchase a property and put yourself in contact with the valuer, you could have noted down their details. So if you used Herron Todd White last time, you could go to Herron Todd White again and tell them you want a valuation. Let them know it will be for bank purposes, so they’ll use it for a different assessment.”
In other words, Slack-Smith says you should be making friends with your local valuer, not your local tradies.
“You can influence the valuation. The valuer will try and put up recent sales and they’ll do a verification, but I would produce the valuation document for the valuer in exactly the way I wanted it. For instance, I would go to all the recent sales and use examples of pictures and properties. If there are some that went to auction that haven’t settled and the valuer doesn’t know about them, you can go around and write down the addresses and put down the agent’s phone number.”
Slack-Smith suggests you should also play dumb and let the valuer know that they’re the professional; your research was merely something you did in your spare time. This makes sure you won’t offend the valuer.
“Do comparisons on different properties. I say that mine was a three-bedroom home that’s on 300 square metres but the other one is only 280 square metres and internally it’s inferior. I use their terminology to do half the work for them.”
Slack-Smith also likes to get three local real estate agents to report on the rent you could get for the property and include this in her own valuation report.
“Then I put that on a spreadsheet and I go to my API magazine and I pull out all the rental yields. I reference API and dates. I can say the rent is worth, say, five per cent. If the rent is worth $300 per week, I know that’s $15,600 a year and if that represents five per cent yield then the property is worth $312,000. I’m not using medians, I’m back-calculating.”
If you’re planning to borrow against your own home, Slack-Smith adds that the money borrowed to buy an investment will actually be tax deductible. So while some people think it’s better to pay off your home first before you start investing, Slack-Smith believes this is actually a myth.
“It’s attributed to an investment, so it’s not bad debt,” she says.
“But from a borrowing point of view, you need to link it back to your own goals. There’s no point accessing equity just for the sake of doing it. If interest rates go down, you might have better borrowing capacity. But if you were going to access equity and didn’t have a plan, I would ask why you’re doing it. There’s more protocol from the mortgage broker and a lot of banks now won’t release the funds until there’s a contract of sale.”
This information was gathered from:
http://apimagazine.com.au/api-online/news/2011/11/how-to-access-more-equity-faster
DEB BRADY
0405 570 903
I came across this today and thought I'd share:
There are plenty of bargains around in the current market and for some investors that could well mean finding a property well below its true value.
However, Your Property Success director Jane Slack-Smith says those hoping to tap into more equity using either their home or an investment can use a few handy tricks to pull equity together, especially if you hope to borrow more money within just six months.
“The lenders will use the valuation that’s on file for six months, unless there’s something substantially different,” Slack-Smith says.
“So if you’ve done a major renovation or bought below the market value, if you can show somehow that it’s outside the norm, you can request another valuation to access equity. If you’re really onto it when you purchase a property and put yourself in contact with the valuer, you could have noted down their details. So if you used Herron Todd White last time, you could go to Herron Todd White again and tell them you want a valuation. Let them know it will be for bank purposes, so they’ll use it for a different assessment.”
In other words, Slack-Smith says you should be making friends with your local valuer, not your local tradies.
“You can influence the valuation. The valuer will try and put up recent sales and they’ll do a verification, but I would produce the valuation document for the valuer in exactly the way I wanted it. For instance, I would go to all the recent sales and use examples of pictures and properties. If there are some that went to auction that haven’t settled and the valuer doesn’t know about them, you can go around and write down the addresses and put down the agent’s phone number.”
Slack-Smith suggests you should also play dumb and let the valuer know that they’re the professional; your research was merely something you did in your spare time. This makes sure you won’t offend the valuer.
“Do comparisons on different properties. I say that mine was a three-bedroom home that’s on 300 square metres but the other one is only 280 square metres and internally it’s inferior. I use their terminology to do half the work for them.”
Slack-Smith also likes to get three local real estate agents to report on the rent you could get for the property and include this in her own valuation report.
“Then I put that on a spreadsheet and I go to my API magazine and I pull out all the rental yields. I reference API and dates. I can say the rent is worth, say, five per cent. If the rent is worth $300 per week, I know that’s $15,600 a year and if that represents five per cent yield then the property is worth $312,000. I’m not using medians, I’m back-calculating.”
If you’re planning to borrow against your own home, Slack-Smith adds that the money borrowed to buy an investment will actually be tax deductible. So while some people think it’s better to pay off your home first before you start investing, Slack-Smith believes this is actually a myth.
“It’s attributed to an investment, so it’s not bad debt,” she says.
“But from a borrowing point of view, you need to link it back to your own goals. There’s no point accessing equity just for the sake of doing it. If interest rates go down, you might have better borrowing capacity. But if you were going to access equity and didn’t have a plan, I would ask why you’re doing it. There’s more protocol from the mortgage broker and a lot of banks now won’t release the funds until there’s a contract of sale.”
This information was gathered from:
http://apimagazine.com.au/api-online/news/2011/11/how-to-access-more-equity-faster
DEB BRADY
0405 570 903
Wednesday 23 November 2011
COME DOWN TO LEMON IN STATION STREET, COTTESLOE
Hi Followers
Come on down to Lemon Cafe this week and grab a Deb Brady Coffee!
be sure to come in and say hello!
http://www.lemoncafes.com.au/aboutlemon.html
DEB BRADY
0405 570 903
Come on down to Lemon Cafe this week and grab a Deb Brady Coffee!
http://www.lemoncafes.com.au/aboutlemon.html
DEB BRADY
0405 570 903
Monday 21 November 2011
FOR SALE 32 Parry Street, CLaremont
Hi Followers
Character & charm flow throughout this Parry Street home. Located in a blue chip location and with ample accommodation the options are endless.
- Character features throughout
- Spacious living room
- Generous garden & entertaining area
- Moments to Jasper Green Reserve
- Walking distance to Scotch, MLC & Christchurch, as well as Claremont’s thriving shopping precinct
ACCOMMODATION: 4 bedrooms, 2 bathrooms, kitchen, living area, double car port
Character & charm flow throughout this Parry Street home. Located in a blue chip location and with ample accommodation the options are endless.
- Character features throughout
- Spacious living room
- Generous garden & entertaining area
- Moments to Jasper Green Reserve
- Walking distance to Scotch, MLC & Christchurch, as well as Claremont’s thriving shopping precinct
ACCOMMODATION: 4 bedrooms, 2 bathrooms, kitchen, living area, double car port
For Sale TO BE SOLD ON OR BEFORE DECEMBER 3RD 2011
DEB BRADY
0405 570 903
FOR SALE: 89 Thompson Road, North Fremantle
Hi Followers
Perfectly located between the Indian Ocean & the Swan River is this hidden gem. From the moment you move in your lifestyle will change... GUARANTEED! Fishing, sailing, picnics by the river, footy down at the park and swimming at Leighton Beach will become part of your new lifestyle. All this with the benefits of a single level modern home in a quiet location.
Accommodation: 4 bedrooms, 2 bathrooms, living area, kitchen & meals, alfresco, Double secure lock up garage
For Sale TO BE SOLD ON OR BEFORE 3rd DECEMBER 2011
DEB BRADY
0405 570 903
Perfectly located between the Indian Ocean & the Swan River is this hidden gem. From the moment you move in your lifestyle will change... GUARANTEED! Fishing, sailing, picnics by the river, footy down at the park and swimming at Leighton Beach will become part of your new lifestyle. All this with the benefits of a single level modern home in a quiet location.
Accommodation: 4 bedrooms, 2 bathrooms, living area, kitchen & meals, alfresco, Double secure lock up garage
DEB BRADY
0405 570 903
FOR SALE 21 Athelstan Road, Cottesloe
Hi Followers
Located in a cul-de-sac this home has everything!
- Delightful family home in a great location
- Walking distance to the beach, transport and Napoleon street shops
- Double lock up garage at the front of the property with access directly into the hall
- Powder room
- Lots of built in storage
- Study at the front of the property
- Marble floors at the entry and throughout the hall and family kitchen/ living areas
- Kitchen is well appointed with gaggenau appliances and marble bench tops Fisher and Paykel dishwasher
- The property has three garden areas , including one at the front, rear and on the west side. The west side garden also has a wall fountain
- Laundry is of the kitchen and has direct access to the rear garden
- The family room has built in shelves and a gas fire place
- The family and kitchen dining areas open out to the alfresco area
- Upstairs is three large bedrooms and a study nook
- The upstairs landing is spacious and it has its own balcony
- The master bedroom has a large walk in wardrobe and ensuite with a spa bath and separate toilet
- The second and third bedroom have built in wardrobes
- Second bathroom is well appointed
- The property has a light and airy feel
ACCOMMODATION: 3 bedrooms, 2 bathrooms, home office, 2 living areas, 3 separate & private outdoor living areas, double secure lock up garage
Located in a cul-de-sac this home has everything!
- Delightful family home in a great location
- Walking distance to the beach, transport and Napoleon street shops
- Double lock up garage at the front of the property with access directly into the hall
- Powder room
- Lots of built in storage
- Study at the front of the property
- Marble floors at the entry and throughout the hall and family kitchen/ living areas
- Kitchen is well appointed with gaggenau appliances and marble bench tops Fisher and Paykel dishwasher
- The property has three garden areas , including one at the front, rear and on the west side. The west side garden also has a wall fountain
- Laundry is of the kitchen and has direct access to the rear garden
- The family room has built in shelves and a gas fire place
- The family and kitchen dining areas open out to the alfresco area
- Upstairs is three large bedrooms and a study nook
- The upstairs landing is spacious and it has its own balcony
- The master bedroom has a large walk in wardrobe and ensuite with a spa bath and separate toilet
- The second and third bedroom have built in wardrobes
- Second bathroom is well appointed
- The property has a light and airy feel
ACCOMMODATION: 3 bedrooms, 2 bathrooms, home office, 2 living areas, 3 separate & private outdoor living areas, double secure lock up garage
For Sale $1,795,000
To arrange a private inspection or for further information please contact Deb Brady on 0405 570 903 anytime.
DEB BRADY
0405 570 903
Friday 11 November 2011
"How an interest rate drop helps your investment portfolio"
Hi Followers
I came across this today:
Interest rates are coming down and for many investors, that could mean a saving of somewhere from $15 to $100 every week.
It also means the temptation to head straight to the local shopping centre and buy that handbag you wanted or that power tool for the shed. Even if it’s just a little bit of money you now have to spend, the reality is that these days, anything helps.
Damian Collins of Momentum Wealth says the cash rate is currently 4.5 per cent but the market predicts that could come down to as low as 3.5 per cent within 12 months.
But while it’s tempting to reward yourself with some early Christmas treats, Collins suggests the best thing to do right now is something a little less fun and that’s save, save, save. However, rather than save the cash in your bank account, he says you should make sure you save the money in a redraw facility that’s against your home loan.
“Always put it against the home loan,” Collins says.
“This isn’t necessarily a long-term strategy, it’s a pre-curser to using a deposit for the next property. You won’t get your next investment with an extra $50 a month but you can park your money there.”
Collins suggests investors should start considering locking in their interest rates.
“Fixed interest rates are around 6.3 per cent. If it gets down to six per cent fixed for three years, I would take it. Obviously you have to weigh up your personal circumstances, but people underestimate the mining boom.”
Paul Sparta of Hegney Property Group adds lower interest rates are likely to inject a bit of confidence back into the market, especially if there’s another interest rate drop or two.
“The big plus at the moment is that rental yields are firming,” he says.
“The tipping point will be mid next year. The real estate market will get more activity and you might get some price rises in some suburbs. Now is a really good time to buy.”
This information was gathered from:
http://www.apimagazine.com.au/api-online/news/2011/11/how-an-interest-rate-drop-helps-your-investment-portfolio
DEB BRADY
0405 570 903
I came across this today:
Interest rates are coming down and for many investors, that could mean a saving of somewhere from $15 to $100 every week.
It also means the temptation to head straight to the local shopping centre and buy that handbag you wanted or that power tool for the shed. Even if it’s just a little bit of money you now have to spend, the reality is that these days, anything helps.
Damian Collins of Momentum Wealth says the cash rate is currently 4.5 per cent but the market predicts that could come down to as low as 3.5 per cent within 12 months.
But while it’s tempting to reward yourself with some early Christmas treats, Collins suggests the best thing to do right now is something a little less fun and that’s save, save, save. However, rather than save the cash in your bank account, he says you should make sure you save the money in a redraw facility that’s against your home loan.
“Always put it against the home loan,” Collins says.
“This isn’t necessarily a long-term strategy, it’s a pre-curser to using a deposit for the next property. You won’t get your next investment with an extra $50 a month but you can park your money there.”
Collins suggests investors should start considering locking in their interest rates.
“Fixed interest rates are around 6.3 per cent. If it gets down to six per cent fixed for three years, I would take it. Obviously you have to weigh up your personal circumstances, but people underestimate the mining boom.”
Paul Sparta of Hegney Property Group adds lower interest rates are likely to inject a bit of confidence back into the market, especially if there’s another interest rate drop or two.
“The big plus at the moment is that rental yields are firming,” he says.
“The tipping point will be mid next year. The real estate market will get more activity and you might get some price rises in some suburbs. Now is a really good time to buy.”
This information was gathered from:
http://www.apimagazine.com.au/api-online/news/2011/11/how-an-interest-rate-drop-helps-your-investment-portfolio
DEB BRADY
0405 570 903
For Sale: 19 Wentworth Street, Cottesloe
Hi Followers
First home buyers…Investor’s…Renovators. YOU WILL WANT TO VIEW THIS PROPERTY! Located in a whisper quiet street only moments to trendy Napoleon Street cafe & Shopping precinct and walking distance to both Cottesloe Beach & The Swan River.
Accommodation: 2 bedroom, 1 bathroom, living area, kitchen, large yard with ROW
For Sale: $795,000
To arrange an inspection of for further information please contact Deb Brady on 0405 570 903
DEB BRADY
0405 570 903
First home buyers…Investor’s…Renovators. YOU WILL WANT TO VIEW THIS PROPERTY! Located in a whisper quiet street only moments to trendy Napoleon Street cafe & Shopping precinct and walking distance to both Cottesloe Beach & The Swan River.
Accommodation: 2 bedroom, 1 bathroom, living area, kitchen, large yard with ROW
For Sale: $795,000
To arrange an inspection of for further information please contact Deb Brady on 0405 570 903
DEB BRADY
0405 570 903
Wednesday 9 November 2011
"Property now preferred over shares and cash"
Hi Followers
I came across this and thought I share:
Self-directed share investors turned off by the high volatility of the stockmarket are increasingly turning to property investment, according to the InvestSMART Funds Flow Survey.
The survey results revealed that property was stretches ahead of cash and shares as a preferred investment option.
On average, of the 1540 respondents surveyed, property holdings were increased by 37 per cent between 2009 and 2011, while in the same period share holdings were decreased by 18.5 per cent, and cash holdings were decreased by 35 per cent.
Also between 2009 and 2011 respondents increased fixed interest investments by 85 per cent.
The cautious behaviour of investors is what’s driving this change into safer asset classes such as property, said InvestSMART general manager Ron Hodge.
“The Australian sharemarket has been buffeted by global market turbulence in recent times. What started out as a year of cautious optimism was soon quashed by bad news out of Europe with its sovereign debt crisis, China with its inflation concerns and the US suffering lower than expected growth,” he said.
The survey results reveal that the current investment pattern isn’t about to change with 23 per cent indicating they would continue working with their current cautious investment strategy.
“Cautious portfolio weightings will once again be the flavour of 2012; this will continue until there’s sustained low volatility in sharemarkets in many of the de-leveraging economies across Europe and America,” said Hodge.
This information was gathered from:
http://www.apimagazine.com.au/api-online/news/2011/11/property-now-preferred-over-shares-and-cash
DEB BRADY
0405 570 903
I came across this and thought I share:
Self-directed share investors turned off by the high volatility of the stockmarket are increasingly turning to property investment, according to the InvestSMART Funds Flow Survey.
The survey results revealed that property was stretches ahead of cash and shares as a preferred investment option.
On average, of the 1540 respondents surveyed, property holdings were increased by 37 per cent between 2009 and 2011, while in the same period share holdings were decreased by 18.5 per cent, and cash holdings were decreased by 35 per cent.
Also between 2009 and 2011 respondents increased fixed interest investments by 85 per cent.
The cautious behaviour of investors is what’s driving this change into safer asset classes such as property, said InvestSMART general manager Ron Hodge.
“The Australian sharemarket has been buffeted by global market turbulence in recent times. What started out as a year of cautious optimism was soon quashed by bad news out of Europe with its sovereign debt crisis, China with its inflation concerns and the US suffering lower than expected growth,” he said.
The survey results reveal that the current investment pattern isn’t about to change with 23 per cent indicating they would continue working with their current cautious investment strategy.
“Cautious portfolio weightings will once again be the flavour of 2012; this will continue until there’s sustained low volatility in sharemarkets in many of the de-leveraging economies across Europe and America,” said Hodge.
This information was gathered from:
http://www.apimagazine.com.au/api-online/news/2011/11/property-now-preferred-over-shares-and-cash
DEB BRADY
0405 570 903
For Sale: 9 Burns Street, North Fremantle
Hi Followers
Only so often does an opportunity like this become available. Located in a highly desired section of North Fremantle, this home has a rustic charm throughout with the convenience of contemporary living. Accommodation is ample with 4 bedrooms, split over 2 levels, 2 separate living zones and a brand new outdoor living area with plunge pool.
The pictures really don't do this amazing home justice. Original wood is used throughout, the design of the ceilings on the second level are breathtaking and the all round ambience of this home is something that is very hard to find.
ACCOMMODATION: 4 bedrooms, 2 bathrooms, kitchen, 2 separate living areas, study and formal lounge.
FEATURES: Original features used throughout the home, hidden wine cellar (500 bottle plus), air conditioning, brand new backyard decking with plunge pool.
Only so often does an opportunity like this become available. Located in a highly desired section of North Fremantle, this home has a rustic charm throughout with the convenience of contemporary living. Accommodation is ample with 4 bedrooms, split over 2 levels, 2 separate living zones and a brand new outdoor living area with plunge pool.
The pictures really don't do this amazing home justice. Original wood is used throughout, the design of the ceilings on the second level are breathtaking and the all round ambience of this home is something that is very hard to find.
ACCOMMODATION: 4 bedrooms, 2 bathrooms, kitchen, 2 separate living areas, study and formal lounge.
FEATURES: Original features used throughout the home, hidden wine cellar (500 bottle plus), air conditioning, brand new backyard decking with plunge pool.
For Sale: $1,150,000
To arrange a private inspection or for further information please contact Deb Brady on 0405 570 903 anytime.
DEB BRADY
0405 570 903
Tuesday 8 November 2011
SOLD SOLD SOLD!!!
Hi Followers
SOLD LAST WEEK
NO HOME OPENS
NO MARKETING FEE'S
NO STRESS
JUST RESULTS!
DEB BRADY
0405 570 903
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