BUYING TIPS Firstly speak with your finance consultant to arrange the best loan to suit your needs Prepare a list of your preferred suburbs,but keep in mind your affordability and accommodation requirements. Do your homework first before buying into your preferred area,inspect homes on Saturdays to get a feel of prices. Develop a relationship with a local agent in your preferred area who would be able to advise you and answer all your questions about the sale and the area you wish to live in. Once you are happy with the property you wish to purchase ask your agent to send a copy of the contract for sale of land to your solicitor or conveyancor. If you are considering making an offer speak with the agent you are buying the property from who can guide you if you are unsure of the procedure. Arrange to do a pest and building inspection to make sure you are aware of any defects as your agent is unaware of this. Following your Legal representatives advice on the sale and taking into consideration all the building reports you are now able to make a decision to proceed with the sale. Upon negotiations being finalised you will be required to sign the contract and exchange once you have read it with your solicitor.A 5% or10% deposit will then be required with the exchange.The deposit is held in our trust account or can be invested until the normal 42 day settlement is up. On settlement day it is advisable that you do a final inspection before settlement takes place.This is to ensure that the property is in the same condition when you last inspected it ie the fixtures and fitting as per contract you signed are still intact,not damaged or removed. |