Archive for Category: Buying a Home in Adelaide

The Contract

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

Read More

Settlement

The settlement date that you agreed to in the contract is the date on which the balance of the purchase price is paid to the vendor in exchange for the title to the property. This is an official process conducted between the legal and financial representatives of you and...

Read More

The Purchase Process

Form 1 statement One of the things that should help with your decision making about a property is the Form 1 statement. A Form 1 statement is a legal requirement, and is meant to give you important information about a property. It includes the property’s title particulars, mortgages on...

Read More

Dealing with an Agent

If you are looking to sell a property, chances are you will deal with a real estate agent or an agent’s representative. Be represented by the best! Agents, auctioneers and sales representatives are required to be registered and carry a photographic registration card. During the buying process you can...

Read More

Method of Sale

​​Frequently Asked Questions For Buyers 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...

Read More

​​​Obtaining Finance

First Home Owners Grant From time to time, State or Commonwealth Governments offer incentives to first home buyers. Contact Revenue SA (www.revenuesa.sa.gov.au) for further information. Getting a loan It is important to set a budget. Think about how much you can afford to borrow and repay. The bigger deposit...

Read More

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...

Read More

Compare