Property Now
7 Homes That Are Practically WORTHLESS Now
This home was worth almost $1.5 million. It sold for $600,000 less.
And that's just one of 7 types of NZ property that have cost Kiwis hundreds of thousands of dollars.
These aren't bargains. They're warnings.
In this video, Ed counts down the 7 NZ home types that are practically worthless — and the red flags to spot before you buy:
00:00 Intro
00:33 Leaky homes and monolithic cladding
02:37 Leasehold properties
04:29 Coastal erosion
06:07 As is, where is
07:52 Tiny apartments
09:38 Retirement village units
11:36 Body corporate disputes
Know the warning signs before you sign anything.
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
Related videos in this series
How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013