So, you might be slowly coming to the realisation your home isn’t quite working for you anymore. It may be that your home just isn’t doing it for you anymore, the life outside of your home has moved further away or perhaps you’ve simply outgrown your house. Most families in this situation then have the conundrum – “do we renovate or move to a larger home?”.
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.
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.