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Key "take-outs" from our Seminar

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It’s hard to believe it’s been almost a week since our “Getting your Ducks in a Row Seminar” at Milanos with the stunning Brighton Beach backdrop.
As promised, our line up of speakers was amazing.  Over 90% of attendees voted the Seminar a 9/10 or 10/10!  Comments made include:

  • Covered multiple subjects, professional speakers gave a very good overview of some of the pitfalls of the market and need for good advice, very knowledgeable, no sales, suitable for someone new to the market and experienced property investors + The Scones!! + the view
  • Great professionals, inspiring confidence to buy
  • Heaps of useful information for both new and experienced buyers
  • Variety of speakers, quality of information
  • Excellent information, good atmosphere
  • Who would have thought Mortgage Insurance could be so interesting?
Key "take-outs" from our Seminar

And KEY take-a-ways from the day:

  • Buyer Beware – Caveat Emptor – at the end of the day with most property purchases, the onus is on the buyer to have done their homework which can include matters like a Building and Pest Inspection (yes, this is at a cost but if you are serious about making the investment, it worth the expense).  Our legal presentation covered an example of this where an inspection may have cost $1000 but would have saved the purchaser $hundreds of $thousands as the issues meant he had to relocate his business while repairs were being done
  • What manner of holding should be on the title?  Joint proprietors (right of survivorship upon death) or Tenants in Common (the latter is best especially in the case of a 2nd/3rd marriage where one party brings more assets than the other to the marriage)
  • Mortgage Insurance – covers the lender not the purchaser
  • Dealing with Agents need not be scary – have a professional review the Section 32 and Contract to help you make an informed decision
  • Key areas of potential capital growth – regional areas, so keep an eye out for them
  • Keep your accounts looking good for at least 3 months prior to applying for a loan or purchasing, as lenders are looking at everything you spend your money on
It is not just media hype, all manner of lending is getting tougher, so make sure you are as prepared as possible before you attend auctions or make offers – make an appointment here and we can review your circumstances.
 
 
 
 
 
As always, if I can be of any assistance to you, please call me on 0412 709 200.
With thanks,