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Ed McKnight: You can't just buy and hope

Some property commentators (and investors) look at the data the Real Estate Institute release and proclaim that it doesn’t matter where you buy … properties go up roughly the same amount no matter what the region. One economist released a fantastic piece of analysis that showed over the last 28 years, Gisborne house prices went up at the same rate as Auckland h...
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{{name}} - APIA Auckland Property Investors

Ryan Smuts: 4 things to watch out for when working with 2nd-tier lenders

Second-tier/non-bank lending is not for the faint-hearted. Rules differ widely from traditional property financing. Still, with the banks taking a tough stance on property lending these days, it pays to open up your mind to second-tier lenders to get yourself moving forward. I have been asked to share some not-so-obvious tips with first-time borrowers in the second-tier market: Compari...
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{{name}} - APIA Auckland Property Investors

Kelvin Davidson: What lies ahead for property in the rest of 2020?

It’s obviously been an unprecedented year for the economy and property market so far in 2020, but it’s at least been reassuring that the number of appraisals generated by real estate agents, for-sale and for-rent listings, valuations ordered by banks, mortgage lending flows, and agreed sales activity have all rebounded since we left alert level four lockdown in late April. What’s ...
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{{name}} - APIA Auckland Property Investors

218-1 reasons for termination

This week's question comes from Kam re termination under 218-1 (paraphrased): If the Residential Tenancies Amendment Bill becomes law, would landlords be able to terminate a tenancy in order to renovate the property or to put the property on the market? Conditional yes in both instances. In the case of property renovation, a 90-day notice can be issued per (s32(2)(f) if the work i...
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