Excitement, pleasure, pride. These are the feelings that finding the right home can bring whether it is your first home, your next home or an investment property. We will help you find the right property.
Choosing the right home for you comes down to knowing what you need; what you can afford and knowing exactly what’s available at the time you are ready to buy.
Speak with your bank manager or consult our Loan Market Consultant – Geoff Peterson to pre-determine your budget level and perhaps obtain pre-approval from the lending institution prior to going out ‘to buy’. This puts you in a position where you are able to make ‘ a cash offer,’ or to move quickly if circumstances require it.
Newspapers, real estate publications, real estate offices, and the internet are all good places to begin your search. Our Ray White websites are updated daily featuring the very latest listings to the market. Each week we post a list of open homes for the coming weekend. Make contact with a real estate agent/salesperson that you trust and who listens and understands your needs. They will know of properties not officially on the market and they may also be able to save you hours viewing unsuitable listings.
Contact your local Ray White office or identify an individual salesperson and supply them with your email address. Each week they will send you an email with links to the latest listings.
Make your needs known to an individual salesperson who can actually search for properties on your behalf. Approximately 30% of sales are made to purchasers who were 1st introduced to the property by an individual salesperson.
Research sales in the areas you are looking and may be attend any auctions of properties to help establish current values. Attend as many open homes as possible. Ask any one of our sales agents for additional advice … they will be happy to help.
When you find a property that suits your requirements, ask the agent for sales statistics of similar properties in the area. If the property is to be auctioned, obtain a copy of the auction agreement and send it on to your solicitor. Remember, when purchasing at auction, you must pay a 10% deposit on the fall of the hammer.
This guide explains the process, and includes that it is advisable to obtain advice from your lawyer. You will be required to sign an acknowledgement that you have received this guide prior to signing an offer. This will also occur if you wish to make a bid at Auction.
*If the property you wish to purchase is going to be auctioned, please go to our ‘Guidelines on Purchasing at Auction’.
This is when ownership of the property is transferred to you and financial transactions are completed. Prior to settlement day we recommend you request a pre-settlement inspection of the property to ensure nothing has changed in its status since purchase and agreed chattels are in place and in working order. Once all settlement procedures have been finalised the keys will be released to you.
The home is now yours … congratulations !
© Ray White Royal Oak. Based in Royal Oak. Pure Realty Limited Licensed (REAA 2008).