Property buying tips 1. Speak with your financier or your @HomeLoanDSA consultant to arrange the best loan to suit your needs. 2. Prepare a short list of preferred areas that suit your lifestyle. Keep in mind affordability and accommodation requirements. 3. Research sales in those preferred areas. Inspect every property in your preferred area so you have a feel for the price. Attend all Sales Meeting in the area. 4. Develop a relationship with a Sales Agent specializing in your preferred area. The agent will be able to offer additional advice and also alert you to new listings before they reach the media. 5. When you find a property that suits your requirements, ask your agent to send a copy of the sale contract to your legal adviser for due diligence. 6. We recommend that you arrange a building and pest inspection to make you aware of any major defects and pest concerns eg: white ant, termites. 7. Following your solicitors or conveyancers advice on the sale contract and taking into consideration the building and pest reports, you are now able to make an informed decision to proceed with an offer on the property through the agent. 8. Once negotiations have been finalized, you will be required to sign the sale contract and pay a 10% deposit. 9. On settlement day, your solicitor or conveyancer may request that you have a pre-settlement inspection before settlement takes place. This is to ensure that the property is in the same condition as when you last inspected it and that all the inclusions are as per the contract you signed. Govind Bhargava
Posted on: Wed, 17 Jul 2013 04:29:44 +0000
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