1 . Speak with your financier or Real Equity team member to arrange the best loan to suit your needs.
2. Prepare a short list of preferred suburb that suits your lifestyle. bearing in mind affordability and accommodation requirements.
3. Research sales in those preferred suburbs using realequity.com.au or one of the real estate portals such as realestate.com.au or domain.com.au. Inspect every property in your preferred suburb so you have a feel for the prices. Attend all open homes in the area.
4. Develop a relationship with one of our professional Sales Team members who specialises in your preferred area. You will be able to seek advise and obtain any additional information you may need, you can also be informed of any new listings that hit the market before they are advertised.
5. When you find a property that suits your requirements, ask your agent to send a copy of the sale contract to you or your legal representative.
6. If you decide that you would like to make an offer then we always suggest to submit an offer that suits your budget and not another interested parties budget. Be comfortable and excited that you are spending money on a lifestyle that awaits or perhaps an addition to your investment portfolio.
7. Your solicitor will arrange a building and pest inspection to make sure you are aware of any major defects and pest concerns eg: white ant, termites.
8. Following legal representatives advice on the sale contract and taking into consideration the building and pest reports, you are now able to make an informed decision to proceed with the purchase of the property.
9. Once negotiations have been finalised, you will be required to sign the sale contract and pay a .025% deposit that entitles you to a 5 business day cooling off period or a 10% deposit with a 66w certificate and no cooling off period. Your deposit will be held in a trust account until settlement. Contracts will then be exchanged.
10. On settlement day it is advisable that you do a final inspection before settlement takes place. This is to ensure that the property is in the same condition as when you last inspected it and that all the inclusions are as per the contract you signed.