Property Conveyancing Services Blog

New Zealands Property Conveyancing Professionals

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Management Training

April 29th, 2010 · No Comments · Uncategorized

Your Management Team are the key for the successful running of your business. There is an abundance of free training available and one of those sources is Trade Enterprise New Zealand. My wonderful Manager Wendy from the Rotorua office is off to her second two day seminar.
This one is the Lean Business Operations something applicable [...]

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Is this for Real?

March 14th, 2010 · No Comments · Property Conveyancing News, Uncategorized

Houses in Detroit are selling for as little as $10, check out Real Estate Agent Tim Prophits website. Google Bearing Group Detroit. Their cheapest house is listed at $99.00. They claim to have sold 394 bank foreclosed house for under $1,000.00. Average Detroit house prices in 2004 were $100,000.00 today $11,500.00. Fannie Mai foreclosed properties [...]

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Conveyancing Tips

March 1st, 2010 · No Comments · Property Conveyancing News, Uncategorized

With the introduction of the new Real Estate Agent Authority it would be good advice to keep file notes on conversations between yourself and either the Vendor or Purchaser. By keeping simply file notes it can save the he said, she said, they said or you told me. Being proactive and not deactive is so [...]

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Tax on Property

October 1st, 2009 · No Comments · Uncategorized

If you are a regular Property Trader or Investor in New Zealand you will more than likely be subject to paying tax on the profit from resale. The Inland Revenue Department will look at your intention. If you have bought and sold properties at regular intervals, they may look at statements made to your Bank [...]

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Deposit

September 22nd, 2009 · 1 Comment · Uncategorized

What is the amount of deposit required in an Agreement for Sale and Purchase? Generally anywhere between 10-20% of the purchase price. Why? In New Zealand the deposit is paid to the Real Estate Agent as Stakeholder. There is a period by which the Real Estate Agent must hold the deposit before it can be [...]

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