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Some Tips and Resources to Sell Your Own House

Going through the process of selling a home can be a daunting and expensive task but it is perfectly possible to sell your own house without enduring the high expense of estate agents. There are few tips and tricks that need to be followed whether selling yourself or through an agent if you want to make a quick and effective sale, especially in the current climate. But ultimately there are the resources out there to do it yourself. Read more

Economics of Real Estate

Following the simple principle of economics of supply and demand, land, in character, has an invariable, unchanging and steady supply but an ever increasing demand. Thus, as market would dictate, the price of land will continuously increase over time Read more

Real Estate Contract Contingencies

What Are Contingencies in a Real Estate Contract?

A contingency is a formal clause in a real estate contract that enumerates particular conditions that must be met by either the buyer or the seller in order for the principals to proceed to the next step in the contract. Found in every offer-to-purchase or sell contract, contingencies protect the interests of both buyers and sellers. Failure to meet a particular contingency can result in breach of contract and possible penalties to the party at fault. Read more

Real Estate Market

Prior to January 2008, the residential real estate market of the greater Ponsonby area in Auckland had the longest buoyant period in decades. Expectations were that this market was natural and sustainable so people acted accordingly. They began upgrading homes with little equity and investing in properties on 100% mortgages and little home equity. Read more

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