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Buying with C&G
Finding the ideal home, or investment property, to suit your needs and lifestyle can often be the most difficult and daunting task imaginable. To assist you in your search , we have compiled a useful checklist of tips including points on financial arrangements, ascertaining your highest price and gaining the right advice.
Click here for a copy of the Consumer Affairs Victoria Due Diligence Checklist.
Know what you want. Become familiar with what it is you are looking for, make a list of preferred districts and streets. Aim to secure your dream home but know your limits. Always consider affordability and accommodation requirements when creating your shortlist.
Build a rapport with the agent that best knows your preferred area. Use their knowledge and make the most of their informed advice. A strong relationship with one of our agents will provide you with new listing information prior to the commencement of an advertising campaign. Nominate your details on our "Anchored Bayside Tracking System".
When you find a property be sure to have strong ties to a solicitor or conveyancer you can trust. When you find that home that meets all your needs, have your agent send a copy of the sales contract to the trusted party.
Follow informed advice. With the right people behind you it is natural to feel confident. Make an informed choice, and if everything is to your satisfaction, make an offer on the property through your agent.
Signed and Sealed - when negotiations have reached their final stage, you will be required to sign the sale contract and arrange payment of the ten per cent deposit. Your deposit will be placed in a trust account until final settlement. The vendor will sign their sale contract and the solicitor or conveyancer/agent will exchange the contracts.
Use your time productively - the period between exchange of contracts and settlement is usually four to eight weeks. Make the most of the wait, and if it is agreeable, arrange for your architect, builder or interior designer to make their suggestions. While the vendor is under no obligation to allow access, apart from a presettlement inspection, your agent should be able to arrange additional access if required.
Settlement Day - your solicitor or conveyancer will, no doubt request that you conduct an inspection prior to final settlement. Take this opportunity. It will ensure that the property and subsequent inclusions are in the same state as they were during your previous inspection.