Warning: your property could be sold by scammers
Picture the scene: you’ve secured an investment property, left its upkeep in the hands of a local real estate agency... and the next time you visit you find out it’s been sold by Nigerian scammers without your consent.
Property investors tipped to return to the market
According to PRDnationwide, while quick recovery of the property market to a pre-GFC boom is “unthinkable”, the rate of decline in values has slowed – and may even be stagnant.
The most discounted properties in Australia
The property on the market that has experienced the biggest markdown is in the Queensland suburb of Cedar Creek. The struggling owner of this property has had to knock a massive $491,000 from their initial asking price.
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