Buyer Tips

Affordability - speak with your financier or one of our mortgage brokers to arrange the best loan to suit your needs. The most important financial question to ask yourself, before you buy a home is “What’s the worst that can happen?”. What if interest rates rise, lose one income, your financial situation may be better in the future but what it its not? Make sure when you buy a home you will be able to keep your home.

Other expenses - speak to a Settlement Agent to confirm settlement fees, stamp duty, government and statutory charges that you will be liable to pay. If you are purchasing an investment property feel free to contact our award winning Property Management team to confirm fees involved in managing your investment.

Research – there are few things worse than discovering, after you have bought, that you could have bought better ! Prepare a short list of preferred areas that suit your lifestyle. Ensure you have visited these areas and like them. Check the prices of recent sales, inspect every property and attend auctions in your preferred area so you have a feel for the price. If you like something don’t be shy about inspecting it more than once, the more you see it, the more you’ll know if it’s the right home for you. Research is always time and money well spent.

Purchasing a Development Site? - we have our own in house Building Brokers and Development Consultants at FOUNDED. We are happy to offer you a FREE one hour consultation to guide you thru the development process and assist in finding you a suitable site and high to utilize its highest and best use. ( Find out more on Building & Development tab )

Develop a relationship with a Market Place Realty Sales Consultant specialising in your preferred area. The agent will be able to discuss your needs with you, offer additional advice and also alert you to new listings before they reach the media, including notification by email and sms.

Making your best offer – if you decide to make an offer for a property you like, be aware that the lower your offer the less chance you will have of buying the home. Often it is best to make on offer – your best offer.

Building and pest inspection - we recommend that you arrange a suitably qualified builder or architect to ensure you are aware of any major defects and pest concerns e.g. white ant infestation

Deposit - once negotiations have been finalised, you will be required to sign the sale contract and pay a deposit. Your deposit will be held in trust in an interest bearing account until settlement.

Pre-settlement inspection - 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. This is usually carried out within 5 days prior to settlement.