tips

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 …

Continue reading

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 …

Continue reading

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 …

Continue reading

Tips for Selling in Winter

Fitzpatricks - 13/06/2019

With the cooler months comes the perception that buyers will ease off and hold out for the Spring months. But this is not the case – buyer activity remains the same no matter what the seasons, it’s the level of available homes that varies. This means Winter may be the perfect time for you to sell your home due to a decrease in direct competition. …

Continue reading

Quick Tips for Buying at Auction

Fitzpatricks - 05/06/2019

So the property you wish to purchase is going to auction. Here’s a quick guide to what you need to know come Auction time So what’s involved in buying a home at auction? To be able to bid at auction you will need to register prior to the auction commencing. You will be asked to give your name, address and show proof of identity If …

Continue reading

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.

Continue reading