Nerida's Journey
Nerida was referred by her mortgage broker.
BRIEF
- Investor - Nerida only had a small budget and needed help to buy a positive cash-flow property in Ballarat, to build a retirement portfolio.
OUTCOME
- Negotiated price: market value
- Secured: off market, below her budget and in desired location
- Identified: $3,000 in hidden property repairs during due diligence period
- Settlement outcome: $3,000 was rebated back to the buyer and additional repairs were attended to by the vendor per re-negotiations allowable due to the strict contract clauses we use.
CLIENT TESTIMONIAL:
Although I had already determined Ballarat as the location in which I wished to invest, and had previously invested successfully in property, I sought out Property Mavens services in order to take advantage of her inside knowledge of the Ballarat market and its players.
While I am busy and work full time, Miriam was able to keep abreast of what was available in my price range and even managed to get me a property before it hit the market. This, and the subsequent negotiated price, more than made up for the cost of property advocacy services. Not only was the price fair, but I would probably not have had a chance to buy this property working on my own. She is passionate, was committed to getting a fair price and matching the purchase to my particular strategy and limited budget. I recommend her.
RETURNS
- Bought Jan 2014: $242,000
- Value Jan 2015: $251,440
- Capital Growth : 3.9% annual return
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