Should we sell or buy first?
It's a question as old as time itself-what do you do first-sell your property or buy a property? Many of us are terrified that if we sell the place we're in and we've got nowhere to go, we'll have nowhere to live.
If you have the resources to buy a new property outright-you're home and hosed. But if you don't have the available cash and you buy a place first, you have legally committed yourself meaning you may have to seek bridging finance. As a result, you could be paying interest on two properties until you sell your original home.
However, there can be a very attractive upside to buying before you sell.When you buy first you know exactly where you're moving and when. Just make sure you don't get caught out. You don't want to get into a situation where you have overestimated the value of your existing property, meaning you could be selling at a loss and end up servicing two loans!
Invite an astute local agent to give you a market appraisal on your current property and a changeover analysis on the cost to sell your existing property together with the cost to buy your new home. This information will allow you to separate the financial facts from your emotions in order to make an educated (as opposed to an emotional) decision.
If you do decide to purchase first, there are a number of things you can do to make your place easier to sell quickly. Just ensure you give yourself plenty of time to get your property ready for showcasing to potential buyers. Not many people realise that there are 137 components to listing, selling and settling a property. Typically, it takes at least two weeks of solid work to prepare a property for sale. Properties need to be tidied, cleaned de-cluttered, photos have to be taken, editorials have to be written, floor plans drawn, digital files created, legal docs approved and the signboard installed on site. Plus the ongoing preparation for open homes and weekly viewings. If you are planning on selling privately you then have the added workload of the sales process, buyer communication, legal costs to draft offers, inspections and settlement processes.
Remember, you only get one chance to make a great first impression.So it's vital to make sure your property "shines" when it is showcased on the market especially if you need it to sell quickly.
If you would like to have a chat about your options as well as an expert opinion on the "live" market value of your home please give me call on 021738769.
Kind regards,
Ben Keehan
First National Hawkes Bay
Poll: If we want to reduce speeding, what do you think actually changes driver behaviour? 🛻🚨🚓
In the Post's article on speeding penalties, the question is asked whether speeding fines are truly about road safety, or are they just a way to boost revenue for the Crown?
What do you think? Should speeding motorists receive speeding fines or demerit points?
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37.1% The sting of a fine (Money talks!)
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62.9% The threat of demerit points (Nobody wants to lose their license!)
Nangs- Nitrous Oxide Sold To Our Kids
🚨 HAWKE'S BAY — OUR KIDS ARE AT RISK. IT'S TIME WE STOOD UP.
You've probably seen the empty canisters — on the footpath, at the park, outside the dairy. They're called nangs (nitrous oxide), and right now, they are flooding our community at a frightening rate. Community leaders, police, and Health NZ have already called it an epidemic right here in Hawke's Bay.
So what ARE nangs?
Nangs are large pressurised canisters of nitrous oxide gas, originally designed for whipped cream dispensers, now being sold at dairies and vape stores, and deliberately marketed to our young people. Each big canister contains roughly 300 hits of the gas. When inhaled, the gas deprives the brain of oxygen and can cause:
⚠️ Loss of consciousness — blacking out for 30 minutes or more
⚠️ Permanent nerve damage — numbness, weakness, difficulty walking
⚠️ Permanent brain damage from oxygen deprivation
⚠️ Vitamin B12 destruction — leading to serious neurological harm
⚠️ Fatal car accidents — Nangs have already contributed to road fatalities
Right here in Hawke's Bay, at least two people have already been admitted to the ED with nerve damage in just the past few months. These are our kids. Our whānau. Our neighbours.
Selling nangs recreationally is illegal in New Zealand — it carries up to 2 years imprisonment or a $500,000 fine. [They bypass the law by getting people to complete declarations of what they are going to use it for, with little or no checks on the truthfulness of the declaration]. Yet some local shops are still selling them. That ends now.
💪 HERE'S WHAT WE'RE ASKING YOU TO DO:
1. Find out which local stores are selling nangs — ask around, keep your eyes open
2. Do NOT spend a single dollar in those stores until they stop selling this product to our young people
3. Share this post so every family in Hawke's Bay knows what's going on
4. Talk to your kids about what nangs look like and why they're dangerous
5. Report retailers selling nangs to the NZ Medicines Enforcement team at Medsafe: 0800 444 472
Our community came together after Cyclone Gabrielle. We can come together again. Retailers — we are watching, and we will vote with our wallets. Stop selling nangs, or lose our business. It's that simple.
❤️ Share this post. Tag your friends. Protect our tamariki.
#HawkesBay #NangsNZ #ProtectOurKids #HastingsCommunity #NapierCommunity #SafeHawkesBay
Get up to $30,000 back* with your new home
Sign up to an independent apartment or townhouse at a participating Ryman village by 31 March 2026 and receive a $30,000 credit on settlement or sign up to a serviced apartment and receive a $10,000 credit on settlement*.
Imagine a new smart TV, your next getaway or furniture for your new home. With more money staying in your pocket, it’s yours to spend!
Discover the lifestyle that awaits.
*Participating villages only, Terms and conditions apply.
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