Loading Downloads
157Episodes
Education

TOP EXPERTS TALK ABOUT HOW TO BUY, SELL, RENT AND INVEST… RIGHT To educate, inform and better prepare the public with expert information about how to maximise their real estate transactions and dealings.

March 10, 2022

Ep123: Cate Bakos - The Cost of Buying

As we get into the swing of autumn's property market, there is still an eagerness with buyers to upgrade, downsize or build their investment portfolio. But with all the hype and excitement of buying, it's not just the purchase price you need to consider. Today, we are going to see what other costs are associated with the buying of property.

A multi-award winning buyers agent, PIPA qualified property investment advisor, media commentator, published author, podcaster and President of the National Buyer's Association, Cake Bakos is the queen of Melbourne property, and is the perfect person to help Real Estate Right listeners understand the cost of buying. 

1. Many people forget that buying property is more than just the sale price, but a whole lot of added extras. What other costs can be involved?

2. As a percentage of the purchase price, how much extra should we factor into the cost of buying?

3. What else can buying property cost you?

4. How can a buyer's advocate make this more streamlined for you?

5. What happens if you've got your strategy wrong and decide to sell and repurchase? What type  of sunken costs can be involved?

6. I've overpaid on a property and it actually lost value when I sold it, so explain some of the costs that can happen if:

   a). There is a valuation shortfall?

   b). A missed or delayed settlement? 

at the other end, if you sold your property for less than what you paid for it, could you claim that as a tax loss, or only if it's an investment property?

7. What invisible stuff is there that many buyers miss?

 

CONTACT:

Cate Bakos can be contacted via her website: catebakos.com.au

or call: 0422 638 362

 

For advertising enquiries or to order copy:

Call the 'Real Copy Right' Hotline: 5977 8889 

Email: orders@realcopyright.com.au

As well as sales copy, we can also assist you with: 
  • Rental copy
  • Staff profiles for your new and existing staff members
  • Marketing letters/emails
  • Newsletter articles
  • Marketing material for listing kits, mail outs, etc
  • Website blogs
  • Large scale development brochures and websites

More episodes

Load more

Podbean App

Play this podcast on Podbean App