buying

Can I submit an offer to buy a property prior to Auction?

Fitzpatricks - 04/07/2019

Yes. The agent will submit offers to the Vendor throughout the campaign and the property can legally be sold prior to auction. It is at the vendors’ discretion whether they accept the offer and often they prefer to proceed with the auction if there are multiple interested parties. If the vendor accepts your offer, you must be prepared to wave the cooling off period, exchange …

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What is the difference between Conditional and Unconditional Offers?

Fitzpatricks - 04/07/2019

A conditional offer is an offer which is placed by a purchaser with conditions associated to it such as: Finance – the granting of formal finance approval from a financial institution Pest and Building inspection – an inspection of the property by a licenced professional to ensure a satisfactory pest and building report is completed Sale of another property – some purchasers may need to …

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Should I get a Pest and Building Inspection?

Fitzpatricks - 04/07/2019

Pest and building reports help you as a potential purchaser of a property go into the process fully informed. We think it’s a good idea. Some companies can do both of them together which is really convenient for both sellers and purchasers. Building inspections can verify that the structures on the property are approved and compliant, and they can also help discover any problems not …

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Buying Off The Plan

Fitzpatricks - 29/11/2018

What is buying off the plan? Buying off the plan means you are buying a property off a house plan. The property is advertised for sale but the building is only in early stages of construction or has not yet started construction. There are advantages and disadvantages to this type of transaction with lots of things for you to consider.

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Preparing For Purchase

Fitzpatricks - 14/11/2018

Step 1: Organise your Finances Long before you start looking for a home you need to book an appointment to chat to your Bank or Professional Finance Broker. Why? This will give you an indication of how much you can borrow, the deposit required and serviceability of the loan. When you have your finances sorted, you know what your spending limits are.   Step 2: …

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Fitzpatricks Report 2018

Fitzpatricks - 08/11/2018

The Fitzpatricks Report for the 2018 Financial Year has been released and includes some interesting statistics from residential sales, property management and commercial. It is the only full and comprehensive report primarily aimed at providing you with the latest Wagga Wagga market data and knowledge to help you identify where potential real estate growth exists, including comparable data from NSW and capital cities.

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Renovating for Profit

Fitzpatricks - 12/07/2018

Inspired by all the renovation shows you see on TV, we thought we would share an impressive local renovation with you.  Check out the before and after on this local home, it’s pretty impressive! If you are planning to renovate your home in order to make a profit, consider these things; Work out what is going to add the most value to your home and …

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