For Sale
Buyer's Tips
FINANCE - Ensure that you have your Finance in place. Knowing your limit means you will be only looking at properties you can afford. This guarantees you won't be dissapointed by becoming attached to a property you can't afford. Make sure you allow for all extra legal costs involved. eg. Stamp duty and conveyancing.
DO YOUR RESEARCH - It is imperative to do your homework and research prices. Research sales in those preferred areas using your local paper or I can provide some feedback. Inspect every property in your preferred area so you have a feel for the price. Attend all auctions in the area.
Develop a relationship with an agent specialising in your preferred area. The agent will be able to offer additional advice and also alert you to new listings before they reach the media. Contact us for advice on Units or Apartments you are thinking about. This ensures you know what local properties are worth and whether they are in your price range.
FIND A PROPERTY - When you find a property that suits your requirements, you may request that your solicitor checks the contract if it has any conditions on it pertaining to that particular property. Following your solicitors or conveyancers advice on the sale contract you are now able to make an informed decision to proceed with an offer on the property through the agent.
INSPECTIONS - We recommend that you arrange a building and pest inspection to make you aware of any major defects and pest concerns eg: white ant, termites. This can be added as a condition to the contract if the property owner hasn't had reports done.
MAKING AN OFFER - Your offer may be accepted or the owner may enter negotiations. Each change in price makes the contract void until both parties agree and have both sets of signatures. On agreement you are required to pay your deposit which will be held in a trust account until settlement.The contracts will be forwarded to your solicitors. Once all conditions have been satisfied, the contract becomes unconditional and you could lose your deposit if you do not proceed with the sale.
SETTLEMENT DAY - Your solicitor or conveyancer may request that you have a pre-settlement inspection before settlement takes place. This is to ensure that the property is in the same condition as when you last inspected it and that all the inclusions are as per the contract you signed.
DO YOUR RESEARCH - It is imperative to do your homework and research prices. Research sales in those preferred areas using your local paper or I can provide some feedback. Inspect every property in your preferred area so you have a feel for the price. Attend all auctions in the area.
Develop a relationship with an agent specialising in your preferred area. The agent will be able to offer additional advice and also alert you to new listings before they reach the media. Contact us for advice on Units or Apartments you are thinking about. This ensures you know what local properties are worth and whether they are in your price range.
FIND A PROPERTY - When you find a property that suits your requirements, you may request that your solicitor checks the contract if it has any conditions on it pertaining to that particular property. Following your solicitors or conveyancers advice on the sale contract you are now able to make an informed decision to proceed with an offer on the property through the agent.
INSPECTIONS - We recommend that you arrange a building and pest inspection to make you aware of any major defects and pest concerns eg: white ant, termites. This can be added as a condition to the contract if the property owner hasn't had reports done.
MAKING AN OFFER - Your offer may be accepted or the owner may enter negotiations. Each change in price makes the contract void until both parties agree and have both sets of signatures. On agreement you are required to pay your deposit which will be held in a trust account until settlement.The contracts will be forwarded to your solicitors. Once all conditions have been satisfied, the contract becomes unconditional and you could lose your deposit if you do not proceed with the sale.
SETTLEMENT DAY - Your solicitor or conveyancer may request that you have a pre-settlement inspection before settlement takes place. This is to ensure that the property is in the same condition as when you last inspected it and that all the inclusions are as per the contract you signed.