We all know that before you sign the papers to take over your new home, there are some very important checks to be made; like building and pest reports.
But once your mortgage is up and running, and you’ve just moved in, the last thing you want to find is that you’ve just inherited previous tenants past problems and the costly repairs begin.
However, here are 10 very simple maintenance checks which can sometimes make the difference between buying your dream house and stepping into a costly nightmare. Continue reading 10 Things to Check Before You Buy a Home
Many property investors are a little intimidated by the thought of bidding for a property at auction.
It’s understandable – auctions are an emotional and exciting event. Continue reading Tips for buying at Auction
Buying a block of land should be easy. Unlike purchasing an existing home, there’s no construction quality issues to consider, no style to choose, and no decorating details to slow down the decision-making. However, it’s not as simple as looking in the paper and picking a block out. There are far more factors to consider as your choice of land is intrinsic to the success of your custom-built home… so here is a checklist with some of the more important considerations. Continue reading How to Buy a Block of Land – Tips
Vendors who try and sell property themselves can often be worse off financially than if they used an agent, the Law Society of NSW has claimed.
The Law Society of NSW, which is providing consumers with a series of guides on the buying and selling process, said agents were best placed to help vendors navigate the sale of their most prized asset.
President of the Law Society of NSW, Justin Dowd, said it’s important that vendors understand their legal obligations when buying or selling a property. Continue reading Law Society urges vendors to use agents
With many off-the-plan developments taking years to complete, buyers might want to reconsider how much deposit they put down on a flat they won’t occupy for a long time.
Under the Sale of Land Act, a deposit cannot exceed 10 per cent of the purchase price of an OTP unit but that doesn’t mean the deposit must be the full 10 per cent. Continue reading Make money while waiting