It is possible for the deposit to be released to you prior to settlement So your property has sold, the buyer has paid a deposit – how do you access the deposit funds? Purchasers usually pay a 10% deposit at the time the contract is signed, or once their finance has been approved, and these… Continue reading How to Have Your Deposit Released
Category: Property Law
How to Make an Offer on a Property
Buying a property is a major financial investment. Whether it is your first home, an investment property or one of several properties in your portfolio, the commitment and impact of signing on the dotted line is not to be underestimated. How do I make an offer? Once you have decided on a property you would… Continue reading How to Make an Offer on a Property
Financing Your Property Purchase
Know your budget Before you pound the pavement in search of your dream property, the first step is to meet with a reputable mortgage broker or bank for pre-approval of finance. This is essential to determine the amount you can borrow, the deposit you will need and your final budget. Can I rely on ‘pre-approval’?… Continue reading Financing Your Property Purchase