Looking to upgrade in the current property market?

If you’ve been thinking about upgrading property, you may not need to wait for the market to fully rebound before you take the leap.

Current property market conditions in New Zealand could offer unique advantages for buyers looking for opportunities to upgrade.

Upgrade with benefits

With increased listings and longer selling periods, buyers currently have more time to explore a range of properties without the pressure of a fast-paced market.

As a buyer planning to upgrade, your current property may sell for less than expected, but there’s still an opportunity to come out ahead.

By negotiating a lower price on your next property, the overall benefit could outweigh a reduced sale price on your current home.

Planning ahead

It pays to be prepared, so you might consider seeking pre-approval or bridging finance.

Both could help you to act quickly when the perfect property hits the market – regardless of whether you decide to buy or sell first.

Enlisting an expert

It’s always important to prepare your finances for a major property move with the support of an experienced lending specialist.

If you’re contemplating buying, you don’t need to navigate the changing landscape alone. A Mike Pero Mortgage Adviser can help you prepare early and explore your lending options.

For information tailored to your specific circumstances and property plans, contact your local Mike Pero Mortgage Adviser today.