Depends on the agent. A lot of agents where I am won't take other parties through or accept other offers once a property goes under offer....
I think it also depends on what the market is like where you live. I worked in regional NSW, and in thirteen years of legal practice I only saw...
From the wording of your post, it looks like the Vendor is simply following the terms of the Contract. There is no contractual obligation for the...
Where I am, people are offering $50K - $100K above normal appraisal values - why would a vendor fix a price if people are prepared to offer that...
Answering your questions:- 1. No. You exercised your right to cool off under the Contract, and therefore you have to pay the penalty imposed by...
Best bet is to speak directly with Council. I'd also ask the Vendor for a copy of documentary evidence to show that it was approved by Council.
Why spend money getting a deposit bond if they can use your money to pay the deposit? It's effectively an interest free advance? That would...
1) They may not be able to. Therefore, they may not proceed if you don't agree with that clause. 2) Because they don't have the money to pay a...
Sounds like the only thing the agent is trying to channel is the commission...
They save on the commission and fees, not you. You might save, if they reduce the price to factor out the commission, on stamp duty but the saving...
Hi Terry, What exemptions would apply to a transfer between family members of residential property? Apparent purchaser?
From what I know, you would not be eligible under the current NSW First Home Buyer Schemes - they require you to have not owned or co-owned...
My thoughts:- The fact that you are on this site means you are more attuned to the processes than 90% of people. A lot of people don't know these...
Yes. Stamp duty paid within 3 months or on settlement, whichever is earlier.
If I had a client come in with that scenario I'd be sceptical too. Given that you've served not one but two Notices to Complete, both of which...
Depends what sort of information you want, and which Council you are dealing with. Council's can give you a lot of information re development...
If you are in NSW, a real estate agent advertising residential property needs to have a Contract for Sale, and you should be able to obtain this...
Just so I'm clear, you called up today, wanting to undertake a private inspection tomorrow?? If I was the Vendor I would say no too - I'd want a...
Will probably depend on where you are based. In NSW as set out above, legally you can't contract out of an insurance risk on a residential...
The Real Estate Agent holds the deposit on Trust for you as Purchaser, pending the completion of the Contract. You've signed a Deed of Mutual...
Separate names with a comma.
