Purchasing or Selling property can be an overwhelming experience, particularly if it is your first residential transaction. Even more daunting is being handed a contract from an agent and being asked to sign on the dotted line when a purchaser or seller has little or no experience in what to look for in a contract. […]
The importance of the conditional stage (which occurs after the signing of the contract but before the contract becomes unconditional) cannot be overlooked as it is during this stage that the buyer under a contract can elect not to proceed with a purchase, usually without penalty, so long as they can demonstrate that a condition of the contract has not been met.
PRE-CONTRACTUAL STAGE – SELLER INTRODUCTION The Four Stages of a Conveyancing Transaction – Part 1 Sellers: Pre-Contractual; Conditional; Unconditional; and Settlement/Post Settlement. Each of these stages offers its own risks. PRE-CONTRACTUAL STAGE The importance of this stage, which occurs before the signing of a contract, is often overlooked with clients signing the “standard” Real Estate […]
Are you considering investing your money in an investment property and becoming a property investor? If yes, you need to know what costs are involved and how to establish the best ownership structure for your asset. As many newcomers find out – it is not always a simple process to make an investment, especially in […]
Have you found a property you want to buy, but don’t have enough deposit (or sufficient credit history) to finance it? Or do you have a property that you would like to sell but the buyers who are interested are finding it difficult to get finance? Are you thinking of assisting your children to buy […]