News

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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FORM 1 AND COOLING OFF RIGHTS – WHAT ARE THEY?

WHAT IS A FORM 1? The Form 1 (Vendors Disclosure Statement) is the formal statement that must be served on the Purchaser and provides the cooling off rights and certain details relating to the property being sold. It is required under Section 7 of the Land and Business (Sale and Conveyancing) Act 1994. A Form…

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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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INTEREST RATE CUTS & INCREASES – HOW DO THEY AFFECT YOU?

The Reserve Bank of Australia (RBA) has held our interest rates at an all time low for some time now. This is good news for first home buyers entering the market but a word of warning. How would you feel if your repayments increased by nearly $3000.00 per month. Scary but if the rates increased…

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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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