1. RESEARCH SALES IN YOUR DESIRED AREA
Speak with your desired institution, broker or finance professional to arrange the best loan to suit your needs. Prepare a short list of preferred suburbs that suit your needs and lifestyle, bearing in mind affordability, living and accommodation requirements. Research sales in those preferred suburbs. Inspect every property for sale or auction so you can develop a real feel for the prices. Attend all open homes in the area !
2. WORK WITH COMPETENT AND TRUSTWORTHY PROFESSIONALS
Develop a relationship with one of our professional team who specialize in your preferred area. Your exclusive residential real estate sales consultant will be able to advise you of any additional information you may need. They will also inform you how you can register on our website to automatically receive notification of any new listings in your desired area as they come on the market.
When you find a property that suits your requirements, ask your agent to send a copy of the Contract for Sale to your preferred your solicitor or conveyancer.
3. MAKE INFORMED DECISIONS
If you are considering making an offer, we strongly recommend you contact your Exclusive residential real estate consultant so they can guide you throughout the process. Through your solicitor or agent, you can arrange a building and / or pest inspection to make sure you are aware of any possible defects or infestations
Follow your solicitor’s or conveyancer’s advice on the sale contract. In addition take into consideration building and pest reports. If all is acceptable, you are now able to make an informed decision to proceed with the purchase of the property.
4. FINALISE THE DEAL
Once price and settlement negotiations have been finalized, you will be required to sign the sale contract and pay a 10% deposit. Your deposit will be held in a trust account until settlement. There may or may not be a cooling off period which is typically 5 days. If you sign a 66W you waive your cooling off rights. There is no cooling off period for an auction transaction. At settlement, contracts will then be unconditionally exchanged and the balance paid.
Ahead of settlement it is strongly advisable to do a final inspection before settlement. This is to ensure the property is in the same condition as when you last inspected it, and that all inclusions are as per the contract signed.