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Today's buyer-friendly environment is turning long-held real estate dreams into reality. Just ask Diana Ahumada.
Follow the journey of Diana Ahumada, who turned casual browsing on Trade Me Property into owning a hidden gem in Onehunga. In today's buyer-friendly market, a clever strategy helped secure their family home.
By choosing a property with a self-contained studio, they boosted their borrowing power with projected rental income. After initially losing a house, they successfully used a pre-auction offer to secure their ideal home, avoiding auction-day stress and highlighting current opportunities for prepared buyers.
Diana and Odin
Diana and Louis
Banks often allow prospective buyers to include projected rental income from an independent studio or sleepout on their mortgage application. This added yield directly boosts your servicing capacity, unlocking a higher borrowing threshold.
Louis and Diana's home is bright and airy, with an Odin the cat-approved garden
If an auction doesn't hit reserve or ends without registered bidders, the sale isn't dead. It simply changes format. Passing in shifts the power back to negotiation. Set your absolute limit, keep communications professional with the agent, and never be afraid to step away. Vendors who decline an offer on auction day often reconsider once the market goes quiet.
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A 132-year-old Otago church with Gothic Revival architecture is for sale for $179,000 near Middlemarch.
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