One of the big changes in the post GFC world is a greater focus on the quality of the mortgage security. Even with a reported shortage of houses for sale in Auckland, crap properties still don’t sell or sell at a big discount. There are some mega-ugly properties around, or is it just me? TheShare on Facebook
We’ve had a couple of interesting client problems this week that we’ve solved for them but it is a good wake up call on the risks of pre-1945 houses. If there was one thing to remember don’t automatically assume you’ll get insurance. If you are buying an older house get your insurance arranged before youShare on Facebook
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New Zealand 1011.
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