Beware a ‘nasty neighbour’
On today’s episode of The Smart Property Investment Show, host Grace Ormsby is joined by Ray Ellis, chief executive officer of First National, to discuss the wider implications of a West Australian court ruling that allowed a buyer to cancel their contract due to an undisclosed “nasty neighbour”.
The pair discuss the importance of in-depth research for buyers and investors, as well as what practices should be implemented during this process, before touching on where the buck stops regarding due diligence. Mr Ellis shares his reaction to the court ruling and how he thinks the precedent set will play out nationally.
In this episode, you will also hear:
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- Why you need to run with your decision
- How COVID has changed the national psyche regarding finances
- Perspective on the current Australian property market
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