Buying Tips

  • Define the areas that you wish to live in.
  • Prepare a list of your wants and must haves with regards to features of your new home. Keep in mind affordability.
  • Speak with your financier/bank manager or ask Allmarque Property for their preferred list of mortgage consultants.
  • Choose a lender and obtain pre-approval.
  • Research previous sales in your preferred areas and attend any auctions that may be of interest.
  • When you find a property that you are interested in, always conduct more than one inspection to learn about the things you missed the first time around.
  • Once you are satisfied ask the agent to send a copy of the contract to your solicitor.
  • Have your solicitor arrange for a building and pest inspection.
  • If you are bidding at an auction, we recommend you read the Office of Fair Trading's "Bidder's Guide" before you attend the auction. You can find a copy of the Bidder's Guide at www.fairtrading.nsw.gov.au/pdfs/secondarymenus/publications/ftr31.pdf
  • Once you and the seller have agreed on a price you will be required to sign a contract for sale and pay a ten percent (10%) deposit. Other terms such as the period of the contract can be negotiated.
  • To avoid missing out on that one special property you can always avoid a cooling off period and secure the property by having your solicitor include in the contract for sale a Section 66W certificate that waives your right to a cooling off period.
  • It is now time to notify your lender and finalise the loan documents.
  • After a two (2) week period from exchange of contracts your solicitor will ask you to pay the required stamp duty.
  • Confirm a time with your solicitor for completion and book a removalist.
  • Always request a final inspection of the property with the selling agent, on the day of settlement or the day prior.
  • Within a week of the settlement day arrange power and telephone connections, contents and building insurance and start to prepare a list for your change of addresses.
  • Finally, collect the keys from the agent and enjoy your new home.