The 3 possible outcomes after signing an Offer to Purchase!
Signing an Offer to Purchase is an exciting part of the property-buying process, but it is nerve-wracking waiting for the outcome. One of the following 3 things will happen after you have signed: The seller accepts the offer as it stands. Congratulations...
Do you know who pays for what costs and fees when buying or selling a house?
There are three material payments to be made; Transfer Duty, the Conveyancing and Bond Registration Attorney's statutory fees and professional costs.. The seller is responsible to pay for: Real Estate Agents Commission COC's - Electrical/Gas Compliance...
Reasons Why You Should Use Select a Bond for Your Home Loan
1) No costs for the buyer, no obligation and no contracts.
Client / Attorney Involvement
Generally, there are three Attorneys involved in the selling and buying transaction of a residential property. Conveyancing Attorneys handle all the legal processes related to the transfer of a property on behalf of both the buyer and seller. They are obligated to act...
A home loan nightmare!
We have just viewed a post on Facebook where the original poster only applied at their bank and was approved for a 100% home loan. Unfortunately, they were not informed that they would need to budget additional money for the registration and transfer costs, and as...
Tips for buying a property!
As we are now in a buyer's market and market watchers are starting to predict a decline in interest rates next year, now is the perfect time to prepare to buy your new property. Below are some handy tips to get you started: Saving for a deposit will give you room to...
Reasons to use the services of a Property Practitioner aka a Real Estate Agent.
Engage with a professional! You can do anything you want in life but some jobs are best left to a professional. Selling property is more complicated than you think and if you get it wrong not only could you lose out on the sales price, but there could be costly...
We are in a buyer’s market!
The property market always swings from being a seller's market to being a buyer's market and tough economic times generally favour the buyer. Although we are at present in a buyer's market and there are some excellent property bargains available, buyers must always...
The quick and simple success of a non-distressed auction
The most effective and new innovative way to reduce the time, stress and hassle of buying and selling a property is with a Non-Distressed Auction! Granted the Real Estate Agents will have to work harder, but there are many benefits for both the buyer and seller during...
The 5 Benefits of a Sole Mandate
A SOLE MANDATE means that you have one real estate agent marketing your property whereas an OPEN MANDATE where you have several agents working on it at the same time. Quantity may seem like a better option, but there are several reasons why sellers give their...