Today’s trending stories in Australian home ownership and Home Loans.
- How a reverse mortgage can help income-poor, asset-rich retirees
The government offers a reverse mortgage alternative through the Pension … to people who are asset-rich thank you, house prices but income-poor. … Like a regular reverse mortgage, you make no repayments during your…
- Canberra property industry caught in middle of residential meth lab clean-ups
Future tenants, landlords and property managers are becoming increasingly embroiled in Canberras ice scourge asa growing number of houses found to contain meth labs are decontaminated.
The Real Estate Institute of the ACT is urging landlords to follow correct procedures when securing tenants to minimise the chance of drug us…
- Auction watch: Canberra’s clearance rates dip as summer heats up
The second last auction weekend of the year attracted a number of strong sales, however almost 40 per cent of properties failed to sell under the hammer.
Canberra recorded a clearance rate of 61 per cent on Saturday for the second week in a row.
While 92 homes were listed for auction across Canberra on Saturday comparable to the last few weeks of the busy spring season the clearance rate was a dip from Novembers figures, according to Domain Group data….