|
House
hunting requires a well-planned approach, as it can be
exhausting. Here are some tips:
-
Draw up a list of the features
that are important to you in a home and rate their
importance. Characteristics to consider are:
- Type of property; house, town house, apartment etc
- Acceptable suburbs
- Number of bedrooms
- Number of bathrooms and if you want both a bath and a
shower
- Backyard, courtyard or balcony
- Carpet or Floorboards
- Local community services such as school, shops, cafes
-
Inspect the property more than
once at different times of the day.
-
Turn the lights off during the
day. Thats a real estate trick to make you think its
brighter than it may in fact be!
-
Spend some time in the local area
and in the street at different times of the week/weekend
and during both day and night to see what its like.
-
Consider how much work, extra
money you are will to spend to get the property to you
living standards.
-
Get thorough inspections and legal
advise.
The vendors
agent or solicitor will have prepared the Contract of Sale.
Get a copy of the contract prior to purchasing and read
through the intricacies. It will outline and disclose all
conditions of sale and what is required to meet these
conditions. The contract should include:
-
Settlement date
-
Price if not being sold at auction
-
Planning information
-
Outgoings such as rates, water and
body corporate fees (if an apartment)
-
Building permits past and current
-
Building restrictions such as
heritage listings
-
Existing mortgage details
-
Any agreements the vendor may have
agreed to regarding the property
-
Chattels (items that may be
included in the sale such as light fittings)
You should seek advise from your
solicitor.
 |