Buying guide
38 NZ real estate terms you should know
Whether you’re buying your first home or just need a refresher - this glossary will come in handy.
AI summary
This comprehensive glossary demystifies essential NZ real estate terms for buyers and sellers.
It explains different sale methods like auction and deadline sale, and property ownership types such as freehold and cross lease. Key financial concepts including LVR (Loan to Value Ratio) and DTI (Debt to Income) are clarified. The guide also covers crucial documents like a LIM report and Sale and Purchase Agreement, making your property journey more understandable.
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Knowing a thing or two will make buying property easier.
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