Getting a licence to sell real estate in New Zealand isn't for the faint of heart. The governing body, the Real Estate Agents Board (REAB) is in charge of administering the aforementioned eponymous act. Those who wish to be in control of the affairs can either go it alone, or join an agency such as Barfoot & Thompson. The company is family-owned and all branches work together. They are also a smart bunch that understands their real property from their marketing.
There are plenty of real estate agents in Auckland. Barfoot & Thompson is the leading real estate agency in the region, followed by Landcorp, Redland and Landcorp. The competition is stiff but the quality of service is second to none. They have the latest technology and a dedicated customer service team to boot. For those looking for the right property at the right price, they are the ones to call. They are a top-quality company offering the best rates and will match or beat any offer from competitors in most cases.
FAQ
What are some of the disadvantages of a fixed mortgage rate?
Fixed-rate mortgages have lower initial costs than adjustable rates. If you decide to sell your house before the term ends, the difference between the sale price of your home and the outstanding balance could result in a significant loss.
What are the pros and cons of a fixed-rate loan?
With a fixed-rate mortgage, you lock in the interest rate for the life of the loan. This guarantees that your interest rate will not rise. Fixed-rate loan payments have lower interest rates because they are fixed for a certain term.
How long does it take to get a mortgage approved?
It depends on many factors like credit score, income, type of loan, etc. It typically takes 30 days for a mortgage to be approved.
How do I repair my roof
Roofs can become leaky due to wear and tear, weather conditions, or improper maintenance. Roofers can assist with minor repairs or replacements. Contact us to find out more.
Can I afford a downpayment to buy a house?
Yes! There are many programs that can help people who don’t have a lot of money to purchase a property. These programs include government-backed mortgages (FHA), VA loans and USDA loans. Check out our website for additional information.
How much should I save before I buy a home?
It depends on how much time you intend to stay there. It is important to start saving as soon as you can if you intend to stay there for more than five years. If you plan to move in two years, you don't need to worry as much.
How can I get rid of termites & other pests?
Over time, termites and other pests can take over your home. They can cause serious damage and destruction to wood structures, like furniture or decks. It is important to have your home inspected by a professional pest control firm to prevent this.
Statistics
- This seems to be a more popular trend as the U.S. Census Bureau reports the homeownership rate was around 65% last year. (fortunebuilders.com)
- Some experts hypothesize that rates will hit five percent by the second half of 2018, but there has been no official confirmation one way or the other. (fortunebuilders.com)
- It's possible to get approved for an FHA loan with a credit score as low as 580 and a down payment of 3.5% or a credit score as low as 500 and a 10% down payment.5 Specialty mortgage loans are loans that don't fit into the conventional or FHA loan categories. (investopedia.com)
- When it came to buying a home in 2015, experts predicted that mortgage rates would surpass five percent, yet interest rates remained below four percent. (fortunebuilders.com)
- Private mortgage insurance may be required for conventional loans when the borrower puts less than 20% down.4 FHA loans are mortgage loans issued by private lenders and backed by the federal government. (investopedia.com)
External Links
How To
How to Rent a House
Finding houses to rent is one of the most common tasks for people who want to move into new places. However, finding the right house may take some time. Many factors affect your decision-making process when choosing a home. These factors include the location, size, number and amenities of the rooms, as well as price range.
It is important to start searching for properties early in order to get the best deal. Consider asking family, friends, landlords, agents and property managers for their recommendations. This way, you'll have plenty of options to choose from.