As we are going to recession, by all means, the property price should come down.  Unfortunately, there are still lots of generous buyers willing to pay for the last year asking price from vendor.  Worst still, the lower-end is holding up because FHB thinks that they can afford it with the low interest rate, but what really make their financial si…[Read more]

Hi guys,New to property investment as well.I like the NZ way as mentioned by Vicky, but in Australia, most property go for auction, and with no cool off period.  Is that mean we have to do the valuation ourselves before going for auction?How do we prevent from losing the deposit?Thanks.