EP: 91•
In this episode, we are joined by Shelley Funnell who is a solicitor and HendersonReeves in Auckland. During the show we discussed the new sale and purchase agreement that was introduced on the 6th December 2019. The Real Estate Institute of New Zealand (REINZ), Auckland District Law Society (ADLS) sale and purchase agreement is the standard S+P that is used to buy and sell property in NZ.
The new version of the contract (the 10th version of the document) is important for property investment because several clauses have changed. For instance, the interpretation of the finance clause is such that you are no longer able to use the finance clause in the same way as a due diligence clause (a get out of jail free card). If property investors want to cancel a contract using the finance condition, then the vendor can require that evidence is provided that the buyer was unable to obtain funds for the purchase.
Other changes have also been made in respect to the use of fax machines, and toxicology reports.
HendersonReeves is a medium-sized law practice based in Auckland and Whangarei.
EP: 1854
In this episode, Kirstie from Good Title joins us to talk about cross-lease conversions.
This includes how much a cross-lease conversion costs and how much money property investors and first home buyers can make.
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EP: 1853
In this episode, we are again joined by economist, Tony Alexander.
He shares how long you can expect the good and bad times to last through the property cycle.
We also mention to check out Tony Alexander's surveys, click the link to read.
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EP: 1852
In this episode, we discuss what the next big thing to rock the property market will be.
We're joined by independent economist, Tony Alexander, to crystal ball gaze and guess what could be coming next.
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EP: 1851
In this episode, we are joined by Joshua Watson to discuss how he bought his first home at just 23 ... in 2024.
Joshua shares what he bought, where he bought ... and how we got the money to buy his first home.
He also shares what his next steps are to grow his wealth.
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