Everyone likes to get advice before they make a decision. Whether it’s asking a friend what they thought of a restaurant before you make a booking, asking your husband if your bum looks big in that dress before a night out, or what type of car you should buy.
Things to Consider Before Purchasing an Investment Property:
At Dylan & Inns our conveyancing solicitors see a lot of clients who are purchasing an investment property on the Gold Coast, or in Brisbane. Some of these clients are savvy investors who have purchased numerous properties before and are familiar with the process, while others are first time property investors dipping their toe into the market.
Understanding Conveyancing – The Building and Pest Condition:
In Queensland the standard contracts of sale, being either the REIQ Contract, or the ADLForms Contract, include a standard building and pest condition. What this means is that a contract for the purchase of property will be subject to the buyer undertaking a building and pest inspection of the property and being satisfied with the report they receive following the inspection.
Understanding Conveyancing – The Settlement Process:
We work with a lot of clients who are buying or selling their first property and are new to the conveyancing process and not sure of all the steps involved. One of the questions we get asked most frequently is ‘do I have to come to settlement?’ So we thought we’d put together a bit of a summary of the settlement process to help.