Christmas can be an overwhelming time for both your sanity and your budget. Devising a budget well in advance is a great way to save yourself the pain and ensure you have a few extra dollars to do other things – such as paying off a chunk of your mortgage.
Risk management is vitally important in any sort of investing and that’s definitely the case for property investment as well. Before you take the plunge with any purchase, make sure you’re aware of all the risk factors.
For anyone wanting to buy a house, having a building and pest inspection conducted is wise – after all you don’t want to buy a lemon. However, a report could also flag problem areas that could help you to bargain down the asking price.