Life in the Covid Zone, Part 2

Sue Tierney


So here we are again. If you live in the greater Auckland area, you will be experiencing a second session of lockdown. If you live outside Auckland, you’re no doubt wondering when the viral spread will be contained.

 

But it’s not all bad news. Far from it.

 

As my mentor Dr Fred Grosse likes to say, “This too will pass.” So if you feel 2020 has been like a real-life game of Snakes & Ladders, perhaps this lockdown session will only be a small snake.

 

One piece of good news is that buying and selling property continues. 

 

In the first week of lockdown, two of my clients sold their properties and achieved very good prices. One sale was half a million dollars above CV, so if you’re ready to put your house on the market, be aware that you can still get a really great result.

 

If you’re looking to buy – and you have a pre-approved loan offer in your hand – you can also move ahead in Level 3. So when you find a property online, or see one for sale in the neighbourhood, you can still look to purchase it. Call me and I’ll show you how to manage things.

 

The pandemic has also meant that this year’s CV revaluation in Auckland has been paused until 2021. That might be good news if you’re staying put and hoping for a smaller rates rise. However buyers need to be aware that CVs will be out of date, and therefore less useful as a guide to the asking price. (They shouldn't be used as a guide anyway, but people do take them into account.)

 

Finally, there’s the news about my new Bugatti. It came into my possession as an indirect result of the pandemic. 


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