John Gray spoke on Newstalk ZB with Mike Hoskings about the issue of flipping homes. He noted that we always recommend to our members that as a vendor, obtaining your own registered valuation is a very important step to take as part of your own research and due diligence before marketing your property. This will give you a tool to understand exactly what the home is worth in the current market and what you can realistically expect to get for it.
This article provides good information for those thinking of buying an apartment. HOBANZ highly recommends that you do your due diligence before purchasing any property. Please see further information about buying into a multi-unit on our website on our "buying a home" page.