Property Investors Welcome Interest Rate Rise

Property investors can find a silver lining in the recent rise in interest rates, according to this latest piece from RPData:
“The latest interest rate rise, the 11th consecutive increase since May 2002, will hit the mortgage belts of Australia hard. Picking up the pieces will be shrewd investors.
Now for the bargains. On the flipside, [...]

Beware Of Property Valuation Fraud

Here’s some great advice for property investors. It’s from New Zealand but I think we can all do well to bear it in mind:
“Fraudsters are inflating Auckland house valuation reports to borrow hundreds of thousands of dollars more than a property’s real value from banks, the Institute of Valuers says. President, Blue Hancock is warning [...]