What is a special levy?
A special levy is a one-off payment that is made by owners of strata properties in Australia. It is used to cover unexpected expenses that are not covered by regular strata fees. Special levies can be used to pay for…
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Property offer email template
Here are two types of email template you can use to make an offer on a property you are interested in buying. When you are submitting an offer, the letter must contain the following information: Firm property offer A firm…
LMI Waiver for first home buyers
Lenders’ Mortgage Insurance (LMI) is insurance that protects the lender, not you. It’s usually a one-off, non-refundable, non-transferrable payment made by the borrower at the time of loan settlement. Table of Contents How to waive LMI for first home buyers…
Waived LMI & no LMI: Do you qualify?
What is waived LMI? Lender’s mortgage insurance (LMI) is a type of insurance that lenders require borrowers to purchase if they make a down payment of less than 20% on a home loan. LMI protects the lender in case the…
Is it worth buying an apartment in Sydney
Sydney is one of the most popular cities in Australia, and for good reason. It’s a beautiful city with a lot to offer its residents, from world-class beaches and restaurants to a thriving arts and culture scene. But is it…
What is home loan pre-approval?
Home loan pre-approval is a process that lenders use to determine how much money you can borrow to buy a home. It is a commitment from a lender to lend you a certain amount of money, subject to certain conditions.…
What is an ensuite bathroom?
An ensuite bathroom is a private bathroom connected to a bedroom or living space, typically designed for the exclusive use of the occupants of that particular room. It provides a convenient and direct access to a bathroom without having to…
What is body corporate? (Owners corporation)
A body corporate, also known as an owners corporation or strata corporation, is a legal entity created when a property is divided into multiple individual lots or units within a strata scheme. It is responsible for the management and administration…
What is a strata report?
A strata report is a document that provides detailed information about the condition of a property that is part of a strata scheme or a residential apartment building The report is usually prepared by a professional strata inspection company and…
Where do you put the toilet in a bathroom?
The positioning of your toilet should be a top priority when designing the layout of your bathroom fixtures. 6 considerations when determining the location of your toilet should be: It is recommended to consult with a professional bathroom designer and/or…
Should bathrooms have rugs?
Bathroom rugs can have a lot of benefits as a staple for your bathroom. Although it is important to make sure you wash it regularly to prevent any bacteria buildup. Top 5 benefits of having rugs in bathrooms 5 potential…
Are apartments safer than houses?
The short answer is that apartments are generally safer compared to houses. Whether it is actually safer or not depends on various factors such as location, security measures, and if your apartment is on a ground or lower floor vs…
Apartment facilities maintenance checklist for building managers
Maintaining an apartment complex as an apartment can be a daunting task, especially when there are numerous facilities to maintain and keep clean as a building manager. Having a comprehensive facilities checklist is crucial to ensure that all areas are…
What causes hairline cracks in tiles?
Hairline cracks in tiles can result from a variety of causes. This can include: How to fix hairline cracks in tiles The method for fixing hairline cracks in tiles depends on the severity and extent of the cracks. Here are…