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Crypto Currency

Regulation of Cryptocurrency Around the World

With crypto currencies now being used to purchased real estate, it’s essential that we increasingly bring them into the conversation as crypto currencies, much like every other currency, has rules and regulations that govern them. This is true no matter where in the world they are found. It is important for people using or trading […]

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Thumbnail image for Michael Marquette’s “View from the Bridge”: How the Banks Control Real Estate Prices

Michael Marquette’s “View from the Bridge”: How the Banks Control Real Estate Prices

Luxury real estate agent Michael Marquette of Marquette Turner Luxury Homes looks at how Australian banks control Australian real estate prices. If one bank lifts interest rates so does the other and so the cycle goes on. We have all witnessed the banks being difficult in lending to business or the huge interest rates charged on credit cards.

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Thumbnail image for Sydney Real Estate Agent Michael Marquette’s “View from the Bridge”

Sydney Real Estate Agent Michael Marquette’s “View from the Bridge”

The Australian Government and Banking Industry are artificially keeping prices high. If prices were to dramatically fall in Australia the Banks and insurers would stand to lose hundreds of millions or even billions of dollars, given the number of loans that were written requiring little if any deposit. If properties in Australia were sold for less than was owed to Banks the shortfall would need to come from somewhere – from insurers or be written off by lenders. This scenario has not escaped the attention of our politicians.  They have not publicly announced this concern but their actions are showing that they realize there may be a problem.

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Thumbnail image for Buying Real Estate: Vendor Finance Explained

Buying Real Estate: Vendor Finance Explained

As Michael Marquette explains, vendor finance is a way of purchasing a property and the seller (or vendor) is actually the person lending you the money. Vendor finance is most common in large developments but can occur in any situation – even the purchase of a single apartment or house.

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