Archive for Month: February

Choosing a Location & House

Location When deciding where you would like to live, check the facilities available close-by such as shops, schools, public transport and parks. Compare prices of similar houses. You should consider: Homes that are currently being offered for sale (look at advertisements online and in the paper, and at the...

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Steps to Buying – Residents

STEPS TO BUYING For Residents 1. Use a Buyer Agent Buyer Agents are licenced, independent agents who understand the complexities and processes of buying property and can make your process less stressful by providing objective information, advice and support. 2. Do Your Market Research Knowing market conditions and the...

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Residents

​​​​Documents to be given to a buyer As a buyer, you should know your rights and requirements in buying a property.  You must be given certain information about the property you are interested in buying. This is a legal requirement that all vendors, sales representatives, agents and auctioneers must...

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FAQ For Buyers

​​Frequently Asked Questions For Buyers General application enquiries ​Q2.1. Can I lodge an application before finding a property? No, approval is required for a specific property you wish to purchase. You cannot apply for a general or ‘in principle’ approval. Q2.2. Can I apply for several properties at once? Yes, but...

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Non Residents

Buying A Home In Adelaide for Non  Residents Do you want to buy a home in Australia? If you are not a permanent resident of Australia, and want to buy a home here, you must get prior approval from the Australian Government. You do not need prior approval if...

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Selling Your Home Without An Agent

Private sale If you choose to sell your property yourself rather than appoint an agent, you may save money as you won’t pay any agent’s commission. Inspect comparable properties, obtain sales figures for comparable properties in your area and find statistics on recent property sales in your area. You...

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Selling a home is a complex procedure

Step 1: Prior to listing your property for sale Select an agent sign an agency agreement with your agent. Arrange the searches, form 1′s and a contract for sale through your solicitor or conveyance. Step 2: Listing your property for sale. The agent receives a copy of your searches, form 1′s...

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Settlement

Prior to settlement, both you and the buyer should retain a conveyancer or solicitor to arrange settlement. A conveyancer will provide advice in respect to your rights and responsibilities under the contract and Form 1, prepare the Memorandum of Transfer, calculate the Adjustment of Rates and Taxes, prepare Settlement...

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The Contract

A binding contract does not exist until you have formally accepted a written offer and the contract has been signed by both parties. The contract outlines the terms and conditions of the sale and contains provision for: The name and address of the vendor The name and address of...

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