Understanding a Home’s Fair Value: Your Key to Informed Homebuying
Understanding a home’s fair value before negotiating or purchasing is important. It empowers buyers to make informed decisions and provides invaluable foresight.
Shining a Light on Aspect
We have a family member who is on a quest to buy a family home outside of Sydney, which will be their first house purchase. They have been sending a myriad of homes and which we swiftly discounted several – based solely on the rear aspect. In their frustration...
12 auction terms you should know
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.
The difference between building and occupation certificates
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.
Things to Know About Auction vs Private Treaty
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.
What’s the right price to pay for a home?
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.