Lenders have pulled-back from lending to First Home Buyers. Our view is that this has created opportunities for Investors to fill the gap and earn good returns (circa 10%-15%.) Each investment is small and you get to choose your Home Buyers. We’ll work with you to minimise the risks
It is a buyer’s market. What does that mean when it comes to negotiating the purchase price? How do you make sure you get a great deal? We have written a PDF on this topic which you can download here: Negotiating the Price Price is property- and vendor-dependent. On one hand, less desirable properties
In the current market, it has become harder for first home buyers to get a mortgage. Lenders almost always require a 20% deposit. Your parents can help by topping up your deposit or they can act as a guarantor. Deposits Parents can gift you a deposit, but often they will want to avoid the tax
The market has got a bit tougher for first home buyers if you don’t have a deposit, especially if you have other debts! One way of getting around this is using a parent as a guarantor. Another option is for the vendor to leave behind a deposit in the property. How it works You agree
We were featured in the NZ Herald in April. The articles give you a bit of a sense for what we do. They will still be useful for first home buyers, so we have attached them. They are in PDF format – click to download
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38 College Hill, Ponsonby Auckland,
New Zealand 1011.
Tel: ++64 9 376 9688
Fax: ++64 9 376 9689
support@squirrel.co.nz
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