Services

The main business of MaxPriceMyHome is

• Real Estate Development using Property Options       

                but we also help with:-

• Preliminary Feasibility Reports
• Real Estate Finance
• Real Estate Sales
• Subdivision
• Distressed Properties
• Debt Consolidation

Real Estate Development using Property Options

Many suburban residential properties in the main capital cities have the potential for development such as the construction of two or more townhouses, duplexes or apartments, to add to or replace the existing dwelling. If a development permit is approved then the site becomes more valuable.

Obtaining a development permit can be a lengthy and costly process. MaxPriceMyHome is familiar with the process and can assist in many ways.

One way, typically, is to enter into a Property Option agreement with the Owner(s) where we agree to pay a higher price for the property in return for time.  Within this timeframe, typically 18 months to 2 years, MaxPriceMyHome obtains the requisite permits at its cost and then settles on the property at a price higher than what the property is currently worth. This higher price is agreed at the start and is set out in the Property Option agreement.

We suggest that you contact MaxPriceMyHome to check if your property may be suitable for development which should increase its value.

Preliminary Feasibility Report

A Preliminary Feasibility Report sets out the planning possibilities for a particular residential site. The Reports conclude with an assessment of the financial benefits of developing a site. At $1,495 it presents great value.

The Reports include the following:-

 - pre-discussion by phone with Council about the site (basic but sometimes necessary) 

- investigate nearby similar developments (both approved and refused) 

- suggest type/style of design based on applications that have been approved or in local character

- development options, layouts and design 

- approximate cost of construction of the development option(s)

- estimated selling price of the completed development

• approximate financial benefit to the Owner(s) by comparing profit from sale of completed development to a sale now

The cost of this study is $1,495 and can be completed in 7 - 10 days time.

We believe that such a study will be of considerable benefit by presenting the options for developing a property, at this point in time. This allows the Owner(s) to make more informed decisions.

Real Estate Finance

MaxPriceMyHome.com.au has worked with a large number of lenders, directly and indirectly, over the years. Over time we have come to prefer one finance broker for whom we are now a Referral Partner. That means that prospective borrowers get excellent support from one of the largest independent finance organisation which deals with more than 40 lenders. If you are referred by MaxPriceMyHome.com.au there are no extra costs involved. Just like there are just a few lenders who provide bridging finance, there are lenders who have a preference for first home buyers or investors or development finance.

Contact MaxPriceMyHome for more information.

Real Estate Sales

Only licensed Real Estate Agents and Owners can sell residential real estate. MaxPriceMyHome.com.au is not a Real Estate Agency but we have extensive connections in a number of States and have been involved in the sale of hundreds of properties as representatives. Please contact MaxPriceMyHome.com.au if you would like to receive a copy of “How to select a Real Estate Agent”.

Subdivisions

MaxPriceMyHome.com.au has been involved in the subdivision of many properties and is known to a number of developers. We have also had a close connection with FSI Melbourne Subdivision for more than 10 years. FSI state the following “When it comes to investing in property, you are best to seek advice from a company with proven results as this saves both time and money. Guaranteed results are a safer way to go, which is why many investors choose FirstStepInvest Melbourne Subdivision. We love to make the investment process easier for our clients which is why we tailor our products and services to suit individual requirements – whether you are looking to obtain land permits or have already progressed to the construction stage. FSI Melbourne Subdivision helps you discover your property’s potential, starting from a single subdivision right through to multi-level apartment blocks. FSI provides you with a fixed fee so there are no misunderstandings along the way.”

Contact MaxPriceMyHome for more information.

Distressed Properties

A distressed property is a property where the Owner(s) are having difficulty meeting their financial obligations and are keen to find a way out, although Owners are sometimes so distressed that they cannot see their way clear to a resolution and need external input. Often the property is not on the market as the Owner(s) are having difficulty in trying to unravel the situation because of the loss of a job or divorce or impending legal actions. A discussion with MaxPriceMyHome.com.au may help in clarifying the situation and then finding a way of working towards a satisfactory resolution.

Contact MaxPriceMyHome for more information.

Debt Consolidation

Debt consolidation is a form of debt refinancing that involves taking out one loan to pay off a number of other loans. The process can secure a lower overall interest rate to the entire debt facilities and provide the convenience of servicing only one loan. A typical example might be a family with credit card debt, two car loans and a large medical bill. If the family has a small mortgage with a large amount of equity in their home it may make sense to increase the mortgage and pay off all other debt. A word of caution, debt consolidation should not be used on a regular basis as a means of paying off credit cards, paying for holidays etc. It is best used as a once off means of consolidating debt where there has been an unusual and unforeseen change in financial circumstances.

Contact MaxPriceMyHome for more information