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SIMULTANEOUS SETTLEMENTS

Sometimes practical or financial circumstances dictate that a sale and purchase settlement is to be completed on the same day.  Your conveyancers will coordinate the settlements but can also identify some important points for you to consider. THE CONTRACTS It is advisable that the purchase contract is signed subject to the settlement of the property…

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THREE TIPS FOR WHEN YOU BUY AN INVESTMENT PROPERTY

Are you looking to buy an investment property? Here are some items to consider and have a plan in case something happens! Maintenance that is required and keeping money aside for maintenance Properties require maintenance whether they are brand new or over a hundred years old. Yes, a brand-new property shouldn’t require as much but…

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WHAT DO I NEED TO KNOW WHEN SELLING PROPERTY PRIVATELY?

Are you selling your home privately or maybe purchasing a property or a business through private sale?  Then you will need a conveyancer to prepare the legal documentation for you. A private contract is required when you have found a buyer of your property or business and you haven’t had to list it with a…

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WHAT ARE SETTLEMENT ADJUSTMENTS?

The question of ‘what are settlement adjustments’ is often asked by clients who are buying and selling property. The question arises when a settlement statement has been sent to them and they do not understand what they are or how they are calculated. Settlement adjustments apply to government departments such as the Local Council, SA…

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CAVEAT EMPTOR (BUYER BEWARE) – 5 TIPS WHEN PURCHASING PROPERTY

Caveat Emptor – What does this mean? Have you heard the term Caveat Emptor? It is a Latin term that means “let the buyer beware” or in South Australia usually phrased “Buyer Beware”. When buying real estate it means the buyer assumes the risk that the property may not be what they expected or may…

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