Buying property is one of the biggest financial commitments you will ever have to make
For many it will be something you’ve not done before. Selecting the right home in the right area, organising finance and negotiating the sale can sound a little overwhelming, just follow the process and it is all quite simple
A reputable Real Estate Agent is bound by a code of ethics and trained to assist you to identify your priorities and in helping you to find the property that best suits your needs and budget.
1. Get your finance approved. Speak with your financier to arrange the best loan to suit your needs and how much you might be able to borrow.
2. Prepare a short list of features you would like in a home, such as location, beds & bath's required, bearing in mind your affordability and accommodation requirements.
3. Research sales in your preferred area and start inspecting some properties on the market so you have a feel for the prices.
4. Develop a relationship with a trusted professional Sales Consultants. Your Sales Consultant will be able to advise you of any additional information you may need and also inform you of any new listings that hit the market before they are advertised.
5. When you find a property that suits your requirements, ask your agent to for a contract for sale or "Offer & Acceptance" document for you.
6. Arrange a building and pest inspection, you may also require a Strata search if buying a Strata property. Ask your agent if they are able to recommend a qualified tradesperson to ensure a thorough inspection is completed.
7. Following your solicitors or conveyancers advice on the sale contract and taking into consideration the building, pest and strata reports you are now able to make an informed decision to proceed with the purchase of the property.
8. Once negotiations have been finalised and you have agreed on a price and conditions of sale, you will be required pay a small deposit to make the contract binding (usually 10%). Your deposit will be held in a trust account until settlement and is refunded to you if the sale does not proceed for any reason outside your control.
9. 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 as when you last inspected it and that all the inclusions are as per the contract you signed.
Alternatively, our real estate sales team can assist you with any enquiries or assistance you may require