Wednesday, 14 May 2014

Do you know what you are buying? Do you need a building inspector?

The purchase of a house is probably the largest single investment you will ever make. So, it only makes sense that you should know exactly what to expect, both indoors and out, in terms of repairs,...

 

People so often have their cars tested by AA when it comes to purchasing but neglect their homes, a substantially larger investment. You owe it to yourself to check before you buy and feel assured that you know what it is you are really buying.

 

Are you buying this home:

 

 

 

Or potentially this home:

 

 

That’s where A Buyers Choice Home Inspections Can Help – Inspected Once, Inspected Right

 

Call today – 0800 86 36 36

 

Best regards,

Sarah Turner
Office: 09 811 8018
Mobile: 027 376 4806

sarah.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

 

Top 5 mistakes made by home buyers

Waitakere Building Inspections Ltd trading as A Buyer’s Choice Home Inspections Presents an article written by by Sirpa Gunn, Conveyancing shop| on Mar 07, 2014 |

 

I see a lot of Sale and Purchase Agreements! My firm has 3 Auckland branches and a mobile legal service – this means we get a constant flow of contracts from buyers …some of whom get advice from us before entering into an agreement but alarmingly many who don’t. There are numerous purchaser mistakes that we come across all too often. Taking the time to talk to us before you sign a Sale and Purchase Agreement can alert to these and dramatically reduce the risk of your making a mistake.

5 of the common and easily avoidable mistakes purchasers make are:

1. Not thoroughly checking the property.

I find it quite alarming that there are many people out there who check a car much more thoroughly than they would a property before buying . It never ceases to amaze me how little investigation some people do into the property they are buying, I come across many people who think it’s a waste of money to get a LIM report or building inspection done. The common kiwi saying “She’ll be right” does not apply when buying a house… “hello people??? – this is the biggest investment you will make in your life time!! … its costing you hundreds of thousands of dollars!” …. At the very least you should get a LIM report and building inspection report done on the property before you commit to buying !

2. Relying on funds from KiwiSaver to use as a deposit

The terminology used by banks and information KiwiSaver providers is very misleading to buyers. Banks say you can use KiwiSaver funds towards your “deposit” and Housing New Zealand even offer a “deposit subsidy” to qualifying KiwiSaver members. What nobody tells you though is that you can only access this money on settlement day when it is deposited into your lawyers trust account to go towards the settlement of your purchase. You cannot use this money as a deposit to pay to the agent when signing a sale and purchase agreement or bidding at auction.

3. Thinking pre-approval is the same as finance approval

When you apply for finance from a bank or broker they will give you an official looking letter saying you have been pre-approved to borrow a certain amount. This does not mean that you can go and bid at auction or sign a sale and purchase agreement without a finance condition. Although you have been approved for a loan the lender still needs to approve the property you are buying (they may ask for a valuation or builders report) and they have different lending criteria for different types of properties. Even if you are eligible for a loan the bank can decline your finance if they do not approve the property and they may require a higher deposit for certain types of properties.

4. Failing to budget for unexpected costs:

There are many costs associated with a purchase like people expect to pay like the cost of a LIM or Builders Report and of course legal fees. But there are also others less obvious costs that can blow your budget. Banks often demand a registered valuation as a condition of the finance approval particularly when there is a low LVR and will also require you to take out an insurance policy over the house before drawing down your loan. On settlement day the purchaser is required to refund the Vendor for rates, body corporate and ground rent (if applicable) that the Vendor has paid in advance. There are also moving costs and could be connection fees for electricity sky etc. It pays to budget for these additional costs so you are not caught short when settling your purchase.

5 Leaving the final inspection until Settlement Day

Many purchasers don’t realise that they are only entitled to one pre-settlement inspection, and that this inspection must be before the settlement date. Leaving it until the day of settlement runs the risk that the Vendor will not agree to let you do the inspection and you will not be able to claim compensation for any issues found during the inspection. It is best to contact your real state agent well in advance and set up time to do your final inspection at least the day before settlement.

If you would like to discuss you offer before you enter into an Agreement for Sale and Purchase of Real Estate give us a call on 0800 SOLICITOR and one of our Auckland lawyers will happily assist you.

Sarah Turner
Office: 09 811 8018
Mobile: 027 376 4806

sarah.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

Tuesday, 13 May 2014

Thank you LJ Hoooker - Home/Building Inspection Presentation Friday 2nd 2014

Thank you to everyone for having us at your monthly meeting at your Central West Auckland Head Office. A lovely building and a lovely team! A special thank you to Trish Adams for organising the presentation and Craig Smith and Len Day for having us along.

 

A Buyer’s Choice Home Inspections create harmony between real estate agents, home buyers, home sellers, and other real estate related professionals, by offering completely impartial information and thorough professional documentation. We were created in Canada by an ex realtor who could see a real need for a professional body to complete building inspections and since then he has expanded the business to USA, Chile, Czech Republic and New Zealand. All inspections carried out to NZ Standard 4306, Certificate of Inspection issued, fully comprehensive inspection and full written report including photographs detailing any issues found. Internationally Qualified and Fully Insured Home Inspectors underwritten by Lloyds of London with Professional Indemnity and Public Liability Insurance protecting you and your clients with full disclosure.

 

There was some questions at the end of the discussion about my qualification to be a building inspection. Here is some additional information for you:

 

I have completed 440 hours of American Home Inspector Training and passed the 3 tests with a 95% average. I have also attended 5 days of New Zealand building materials training and attended “LIVE” inspections with a qualified inspector. This is the same qualification that many inspectors in many states of the USA must undergo to be allowed to complete building or home inspections. There is no minimum certification in New Zealand but all A Buyer’s Choice Home Inspectors must have this AHIT qualification and be fully insured before we are allowed to complete any inspections.   

 

I grew up living in the Waitakere ranges of West Auckland and I currently reside in Fosters Bay, Huia with my wife Sarah Turner who you all met on Friday and my two sons William and Mathew. The Waitakere A Buyer's Choice Home Inspections franchise area fits in well with myself and my family. I know and love the Waitakere Ranges and all the suburbs and beaches they support very much. I am very talented in construction and have helped build many homes in and around West Auckland and really understand the process well. I have worked for 20 years in the trade focusing mainly on outdoor landscape construction. My attention to detail and quality workmanship have meant many happy repeat customers over the years. I bring these assets with me to the home inspection (building inspection) industry.

 

I am committed to providing a quality and useful service to all and welcome any further questions you may have about myself or the A Buyer’s Choice Home Inspection system.

Duane Turner
Office: 09 811 8018
Mobile: 027 376 4806

duane.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

How avoid buying properties with weather tightness issues

http://www.conveyancingshop.co.nz/how-to-avoid-buying-a-leaky-home/

 

by Sirpa Gunn, Conveyancing shop | on Mar 12, 2014 |

Most people in New Zealand have heard about “Leaky Home Syndrome” that has effected many houses constructed during 1994 to 2005 suffering from weather-tightness problems. The majority of these were plaster houses with untreated timber framing and have become unsafe to live in because of mould and spores that have developed in the damp frames. Much of the media hype surrounding leaky homes has died down however there are still many properties out there for sale that could potentially have leaking issues. As a buyer it is important to know what to look out for so you can avoid buying a leaky home.

The importance of getting a building inspection done prior to purchasing cannot be emphasised enough. If you are looking at a plaster house, particularly if it is Mediterranean style with flat roof and no eaves, then you should get a building inspector who specialises in identifying leaky homes. They are usually equipped with thermal imaging cameras and invasive testing equipment that can identify problems inside the walls that would not be visible to the naked eye. A building inspector can only comment on the condition of the property at they time they inspect it. Bear in mind that if it has been particularly dry the moisture readings may come back ok, however this could change with heavy rainfall. A good building inspector should point out the type of cladding and identify if the property is high risk.

I am always weary of properties that have been recently repainted. A fresh coat of paint can hide a multitude of sins. While its understandable that vendors want to present their home in the best possible way, it may be that they have repainted to hide an existing issue, particularly water stains and evidence of leaks. I recommend asking the Vendors directly or via the agent (preferably in writing) if there have ever been any weather tightness or leaky issues. If you buy a house and later discover it did have problems that were not disclosed then you may have a legal claim against the Vendor.

Need more information on leaky buildings?

The Department of Building and Housing have a comprehensive Guide to the Diagnosis of Leaky Buildings

Consumer Build NZ have a very useful article What to look for to avoid buying a leaky home. They describe the monolithic cladding systems that often present leaking problems and give a handy checklist of issues to look out for.

Sarah Turner
Office: 09 811 8018
Mobile: 022 043 1226

sarah.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

 

Friday, 9 May 2014

FW: Please Support the 2014 Walk the Walk for Autism

 

2014 Walk the Walk for Autism

The Fifth Annual “Walk the Walk for Autism” is taking place at the Halifax Commons on Saturday, June 14th. The purpose of the walk is to raise the public awareness of autism while raising money for children and families affected by this disorder.

Autism spectrum disorder (ASD) is a range of complex neurodevelopment disorders, characterized by social impairments, communication difficulties, and restricted, repetitive, and stereotyped patterns of behavior. 1 in 68 children are being diagnosed with Autism. Autism is more common than childhood cancer, juvenile diabetes and pediatric AIDS combined and yet there is very little treatment available to autistic children.

Receiving a diagnosis of autism is absolutely devastating to a family and discovering treatment is unavailable or financially overwhelming makes it that much worse. Feeling helpless to make your child’s life better is heart wrenching, to say the least. As most of you are aware, we have both a son and daughter who are Autistic – Alex and Lauren.

Having a child with Autism is very challenging for the child and their family. Wherever you go these days, you hear lots of talk about autism. But when thousands of families and individuals living with Autism Spectrum Disorder in Nova Scotia are in need of support and services, talk just isn't enough. Well, now it's time to walk the walk! We'd like to invite you to join or sponsor “Team Lauren and Alex” on Saturday, June 14, 2014 in Halifax for Walk the Walk for Autism:

Follow this link: http://walkthewalkforautism.ca/donate.html to make a pledge/donation to “Team Lauren and Alex”. In the drop down box choose “Sponsor a Team” and enter “Team Lauren and Alex” and hit Search. Team Lauren and Alex will appear for you to select. Choose your donation amount and pay online with a credit card. It’s very easy, and you will receive a tax receipt by email.

“Team Lauren and Alex” have participated in this event since its inception and we have raised over $12,000 thanks to the generosity of our family, friends, and co-workers.
 

Thank you for your support!

Bill, Rhonda, Allison, Lauren and Alex Redfern
 

Lauren Redfern

Alex Redfern

 

Sarah Turner
New Zealand Operations Manager



Ph: 09 834 7936
Mob: 022 043 1226
Toll free: 0800 86 36 36

www.abuyerschoice.co.nz
sarah.turner@abuyerschoice.com

 

 

Monday, 5 May 2014

Which type of salesperson are you?

Which type of salesperson are you?

Sales roles are sometimes the hardest to fill. When hiring a new salesperson, you need to find the right candidate. Someone that is talented enough, and persistent enough, to close deals for your company. Getting the right person for your organization is no easy feat. Depending on your culture and your sales goals, you might be looking for a variety of sales styles.

Here are three types of people that can really push the envelope when it comes to generating profit and revenue for your business.

1. The Hunter: This person is constantly out on the prowl. He knows how to network and loves calling cold leads to warm them up. She can walk over to anyone and start up a friendly conversation.

People say that The Hunter has charm or charisma because he knows how to look someone in the eye and connect with them on a personal level. He can understand how to listen and can create rapport without even saying a word. Talk about stealthy hunting.

Is The Hunter always looking for the largest prey? No.

There are times that The Hunter goes after ducks so that he can have a quick meal. There are times that The Hunter goes deep into the woods to ensnare the buffalo, which can feed her and her network for a month. The Hunter can hunt anywhere and can make use of the tools given to him or her. This hunter does not believe in luck; he believes in hard work.

The problem that The Hunter faces is that he loves to “spray and pray”. He is quick, but he doesn't like to wait a long time to make a catch. He will not wait overnight to make a kill. He will move on to new game if the prey is running too fast.

Somehow, The Hunter has endless renewed energy and can keep motivating him or herself each day to start anew. The skilled Hunter can also motivate others to hunt as well. His enthusiasm for his game is admirable, and, more than that, contagious.

2. The Fisher: This sales professional is a real pro. She loves to get the right intel and then works strategically to find out where her prey is. Once she has that information, she knows exactly the type of bait needed to reel in her catch. It is important that The Fisher has all the right tools at her disposal to make the proper catch.

The Fisher is sharp. He understands what his prey likes, studies what type of fish are in the nearby waters, and stealthily prepares the tools necessary to make a successful catch. He believes that you need to be in the right place at the right time and feels that luck has to be on his your side. He is patient, never rushing the process.

The Fisher does not like to cold-call; instead, he loves to take a cold introduction and warm it up quickly. He is friendly and asks a lot of smart questions. He wants to learn the best angle to pitch his product or service and then deciphers a solid plan to make a big catch.

Small wins are OK, but The Fisher will still be hungry if she catches some sardines. She needs an Albacore tuna to be happy, and the tuna needs to be high quality for her to earn a comfortable living. She has the time to reel that big fish in, especially because she knows how to manipulate the fish with more line and reel it in just the right time.

Every time The Fisher catches a shark, he throws it back in. He does not need to deal with hard-to-handle fish. He goes for the finer things in life and has the time to wait for his big break: the big catch. Somehow, his patience pays off and he gets a big win often enough to still be successful.

3. The Farmer: The Farmer needs well-nourished land, strong animals and communal support. He cannot do everything himself. With the right team in place, The Farmer can produce wonders. He can plant seeds and grow enough produce to not only feed himself, but also to feed the entire community.

The Farmer’s numbers are very predictable, based on the weather and other external factors. She can tell you exactly what will be produced this season. The Farmer is extremely passionate and well-versed in her area of expertise, understanding her job very well.

The Farmer cannot make something from nothing; rather, she is skilled enough to work with what she has and produce wonders on the farm. She is creative and dedicated to the success of her field.

Farmers don't like to go out and find brand new opportunities; they are not cold-callers or prospectors. They love to gather and collect from the environment that they are comfortable with. If you have The Farmer persona on your team, you need to create a place for them to be able to produce and they will make miracles for your business every day.

Conclusion: We all need some hunters to open to door and win new business. We need fishers to wait out the big catch and reel it in. We need farmers to make sure that what we catch lasts us for many years to come. If you have one of each type of salesperson on your team, your business will flourish.

What type of salesperson are you?

Thursday, 1 May 2014

NZD Market Update from NZ Forex

NZD Market Update

Hi Sarah,

Since reaching a high of 0.8635 following the Reserve Bank’s decision to increase interest rates last week the Kiwi is now a cent lower having exchanged at 0.8535 against the U.S dollar. On the 10th of April the NZD peaked at 0.8745, its highest level in over 2 ½ years, but is now trading some 2.5% below this high and looking vulnerable to more downside.

With important economic data out of the U.S this week the volatility is set to continue so now could be a good time to review any international money transfer requirements. Simply click here to log in for a live dealing rate or view what’s expected from this weeks economic data releases.

http://i9.cmail1.com/ti/d/A7/18C/A0F/102435/images/bt_login.gif

NZD/USD Chart
NZD/USD Chart

NZD Cross Rates at 10:11 AM, April 29, Auckland
NZD Cross Rates

 

Sarah Turner
New Zealand Operations Manager



Ph: 09 834 7936
Mob: 022 043 1226
Toll free: 0800 86 36 36

www.abuyerschoice.co.nz
sarah.turner@abuyerschoice.com

 

BNZ boss warns of higher home loan rates

  The Bank of New Zealand has posted its half-year profit. Photo/Bevan Conley Increased pressure on bank margins will mean higher home ...