Buying

Buying a home is one of the most important financial decisions of your life and sometimes also the most stressful. Our commitment to you is to make the process as stress free as possible so that you can concentrate on the exciting part of the process, eg buying furniture for your new home, booking removalists etc.

It is important to understand the buying process as with so much to think about and so much money at stake, every decision is an important one.

Before you start looking

The first decision you will likely need to make is in regard to finance. It is important to know how much you can borrow and what your monthly mortgage repayments will be. You should consider contacting a mortgage broker or a lender to discuss finance options.

Property Inspections

It is important that you find out as much about the condition of the property before you buy it in order to avoid any unforeseen problems and future costs. If you a buying a house, you will need to arrange a pre-purchase building and pest inspection report or if you are buying a strata unit or a townhouse, then a strata inspection report. We will be happy to assist you with arranging these inspection reports.

Contract Review

Once you have found a property you are interested in buying, feel free to give us a call and discuss your purchase with us. We will provide you with a FREE CONTRACT REVIEW to advise you on your rights and obligations under the contract and to make sure that there are no hidden surprises in form of vendor disclosures about the property before you sign the contract.

Exchange of contracts

If you are happy to proceed with the purchase then you can make an offer to the real estate agent. Once your offer is accepted by the owner of the property you will be required to sign the contract and pay a deposit, which is usually 10% of the purchase price.

Settlement

Once the contracts are exchanged, we will advise you of the next steps and be in touch with you so that you are aware of what you need to do and when. We will be liaising with the vendor’s conveyancer, your lender and real estate agent to monitor the progress of the transaction to make sure settlement takes place within the required time stipulated in the contract. At settlement, you or your lender will pay the outstanding balance of the purchase price to the vendor and you will receive the keys to the property.

Contact us to discuss the specific property you are considering buying.