Our NZ Residential Property Market Opinion

IMS strongly believes that it is NOT currently the time to buy property, even residential investment property should be avoided as more and more rental properties arrive on the market. Those not able to sell are keep hold and placing their properties For Let. Those who continue to look for investment property should ensure they avoid specialist companies offering full packages. Such companies are renown for hiking prices to get a good profit margin and in a recessive property market these can produce a serious disadvantage for the property buyer.
IMS advises client to retain property if possible and weather the storm, refinancing and debt consolidation is the key to an asset building strategy using financial efficient mortgage products, zero bank fees and delayed payment via credit card usage. Where possible avoid revolving credit, the best mortgage products offer all the same advantages but within a safe principal and interest loan.