This is a brief overview of the purchasing process:
After you have found your perfect block of land at Baldivis you will need to make a formal offer in writing to purchase the property. Our Estate Sales Manager will meet with you to complete a contract for sale of land.
It’s important that you have obtained advice from a trusted financial professional before doing this. They will provide guidance on what finance options are available to you and the financial aspects of the contract.
You may also like to speak to a settlement agent or solicitor at this point to help you navigate the process.
These experts will help negotiate aspects of the contract and settlement conditions. They can also provide advice on your rights and responsibilities and help you understand the entire process.
You should sign your contract only after you are satisfied with the price and special conditions.
After signing the contract you will be asked to arrange a $1,000 deposit and start working toward meeting your conditions.
Your contract will spell out financial and other conditions you need to meet, such as providing a finance approval letter from your chosen lender, as well as the time frame you have to achieve these.
The settlement process can be complex and stressful at times. A qualified settlement agent or solicitor you trust will be there at every step to ensure the process runs as smoothly as possible.
They will prepare the relevant documentation to transfer the title of land, carry out any necessary property searches and liaise with all parties to ensure everything is on track.
You will be asked to sign documentation for your financing and will be advised when and where the settlement will take place.
This is the process of handing over the funds to the seller in exchange for the property transfer documents. Your settlement agent will make arrangements for all of the required paperwork, and you will get clear title to the property.
After settlement is successfully completed, you can officially celebrate ownership of your dream property.
Visit RealEstate.com.au to find out the property buying process: