Buying a 600k unit in Sydney - I'm looking to buy a unit in the 600k price range. I have a 90k deposit and my partner (both in our 30s) will help me with the deposit. Assuming I can afford the repayments plus living costs, bills etc, is it just a matter of getting a home loan from the bank/lender? Anything else I should know about, prepare for? Any tips and tricks?
Also, on RE/Domain for sale listings,when it says price guide 570k - 580k, what price should I throw at them to start negotiations? I'm assuming they've inflated the price so that they can arrive at the desired price after negotiations? What happens during this negotiation process?
Also, for auction ads which have price guide of 600k in Homebush, for example. How likely is it for the auction price to end up in that range and not balloon out of control?
Assuming I'm looking to buy in Homebush, Burwood, Epping, Ashfield. My main goal is to just get my foot in the door of owning a unit. Assuming the unit is in livable condition, running water, electricity etc, does it matter where I buy? What are the essential things you would consider before buying a unit?
Any advice welcome.
Edit: I'm meeting up with Aussie Home loans and CBA today
Berkshire is hoarding so. much. cash.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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