Property valuations may seem like another expense on your property journey, but they can be a necessity for a successful real estate transaction. Since they form an integral part of the formal lending process, it is very important that you don’t let emotion dictate what you pay for a home. Quite frankly, your lender won’t share that same emotion! In this article we explain what property valuations are and the importance they have when buying or selling a home.
You’ve finally found your dream home. Now you have to perform due diligence on the home. Before you embark on your property journey, it’s a good idea to have a conveyancer ready and waiting to guide you through the legal aspects of buying your next home. Find out what they do and how to find a good one.
Are you about to sell your home and have discovered choosing a real estate agent a challenge? We often get asked by clients to support them in their quest to find a selling agent before we swoop in to buy their next home. A good selling agent knows their client’s success is their success, so what qualities should good a agent have?
The auction season has started! Auctions can generate a variety of emotions when buying a home – fear, anticipation, jubilation if you’re the successful bidder, or irritation if you’re among those missing out.
Understanding the auction process and auction terms used can help to keep your emotions at bay on the day.
So, you’ve found the home of your dreams, and now it’s time to perform due diligence on the property. The contract of sale stipulates there is no building certificate. However, the selling agent has said there is an occupation certificate, so it’s ok because they’re virtually the same thing. Actually, NO, they’re not the same and there is a potential risk attached to moving forward with a purchase like this. Here is an explanation on the difference between the two, as it stands in New South Wales.
You’ve made the decision to move. Whether you’ve got a home to sell before buying, or just buying, there are two general ways that a property is offered for sale in Sydney. We have also included a third which we occasionally come across in Sydney. It pays to become familiar with each method of sale.
Auctions offer excitement and nervousness as buyers compete for their piece of the Australian dream. The Future Habitat team attend many auctions, where we regularly see this cast of characters.
You’ve worked hard, saved a deposit and now you’re ready to start looking for your next or first home.
Beyond the purchase price, have you considered other costs of buying a home?
It’s a question we get asked by many homeowners: do I sell my current home before buying the next, or do I buy my next home and then sell?
When planning to buy a home, coming up with the right price to offer and pay can seem like a very difficult and emotional process. There is a good deal of data to sift through and you might feel a little lost and nervous. However, with some careful investigation and calculations, you can come up with a reliable estimate of your potential home’s fair market value.