1. Finances
Speak with your financier or your finance consultant to arrange the best loan to suit your needs.
2. Where to live
Prepare a short list of preferred suburbs that suit your lifestyle, bearing in mind affordability and accommodation requirements.
3. Research
Research sales in your preferred locations. Inspect every property in your preferred location so you have a feel for the prices. Attend all open homes in the area.
4. Find an agent
Establish a relationship with the team at Shortland Property Group and we will be able to advise you of any additional information you may need. Our team will guide you on how, and also inform you how you can register on our website to automatically receive notification of any new listings that hit the market.
5. Contract of Sale
When you find a property that suits your requirements, ask your agent to send a copy of the sale contract to your solicitor or conveyancer.
6. Make an Offer
If you are considering making an offer, we recommend that you contact us at Shortland Property Group promptly so we can guide you if you are in any way unsure of the process.
7. Building Inspection
Your solicitor can arrange a building inspection to make sure you are aware of any possible major defects.
8. Proceed to Purchase
Following your solicitors or conveyancer’s advice on the sale contract and taking into consideration the building reports, you are now able to make an informed decision to proceed with the purchase of the property.
9. Make a deposit
Once negotiations have been finalised, you will be required to sign the sale contract and pay a 10% deposit. Your deposit will be held in a trust account until settlement. At settlement, contracts will then be unconditionally exchanged.
10. Settlement
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 inclusions are as per the contract you signed.