Buying Information.

So, you’re thinking of purchasing a property. Congratulations! As you prepare to embark on this journey, consider these six key factors.

Finance.

Before you start looking, speak with a mortgage broker or finance consultant. They can help you understand your budget and prepare to arrange any loans you may need before making an offer.

Location.

Do you know where you want to live? Prepare a list of preferred suburbs, considering your lifestyle, accommodation needs and level of affordability. Research sale prices in those suburbs and inspect as many properties as you can. You can register your details right on here on our website to receive notifications of new listings and inspection times.

Documentation.

Once you find a property you’re interested in, ask the agent to send a copy of the sale contract to your solicitor or conveyancer. The more familiar you are with these documents, the smoother the process will be.

Inspections.

You have the documentation. Now it’s time to check the property. We recommend that you arrange a building and pest inspection to make sure you are aware of any defects. These contractors must be qualified and certified to carry out these inspections. Their findings will inform your decision to proceed with any purchase.

Deposit.

You’ve made an offer and it’s been accepted. Congratulations! Now, it’s time to sign the sale contract and pay a 10% deposit. This deposit will be held in trust until settlement. Prior to settlement, you will have the opportunity to conduct a final inspection and ensure that everything is as agreed and expected.

Insurance and Connections.

As settlement day approaches, prepare to have everything connected and covered on moving day. This way, you can move in knowing services and utilities are on, and your new home is protected.