Empower Blog Conveyancer

Things to Do Before Buying a Home

There are few things more thrilling than buying a home of your own for the very first time. Having a decent savings or down payment on the home is just a small part of the process. Make sure you have all of your bases covered and a solid idea of what to expect during your journey of becoming a proud homeowner. So just what should you know about how...

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What could go Wrong at Unconditional?

A couple of things that could go wrong once a contract proceeds unconditionally is the finance. The Finance may not have been in place so there might be a couple of special conditions that the bank imposes that the clients weren't aware of at the time. Examples could be, they require you to pay out of Visa cards prior to settlement just to bring ...

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What Happens Once the Contract Proceeds Unconditionally?

Once the Contract proceeds unconditionally, we know that our clients got their finance approved or an approval is in place and we now have a settlement date that we must work towards. So the next step for us is we contact the Mortgage Broker or the Banker and provide them with a range of documents we believe they will need to provide to the banks...

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Key things you Look for in a Contract of Sale

The things that I look for in a Contract of Sale to protect my clients would be the terms and conditions and what Section 32 look like. The contract can set out a range of special conditions that can be adverse to a purchaser. So a contract of sale definitely favors a vendor in a standard sense so when you layer it up with special conditions, it ca...

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Negotiable Terms in the Contract of Sale

There are terms that are negotiable on a Contract (Contract of Sale). Most notably, deposit, settlement date, price and sometimes there might be some subject to condition that the purchaser requires to be imported into the contract unless of course, if you're buying in an auction, you won't have the opportunity to negotiate such terms. The depos...

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Tips for Buying at Auction – Part 2

Auction Tip No.3 The third tip for anyone looking to buy a property at auction is to get your ducks in a row. First is finance. I know it sounds very straightforward and simple but the amount of people who actually do turn up at auction without having their finance done is really does amaze me. But the other thing is you need to have it look at re...

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Why should you do a Contract Review?

Look in my view, you should absolutely get the contract reviewed by a solicitor or a conveyancer prior to entering into a contract but definitely before you go unconditional on a property. Because let's be honest it's a big decision you're about to make and you going to spend a lot of money and there's a reason why lawyers and solicitors drive arou...

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8 Tips to Buy in a Hot Market

I’ve been buying property on behalf of clients since October 1998 and in that time I have experienced many hot property markets.  Having moved from Perth to Queensland in 2002 and then to Melbourne in 2006 as well as travelling around the country filming Location Location Location Australia for the last 3 years, it sometimes seemed like I was of...

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A Good Conveyancer Pays Dividends

We all acknowledge that buying property is a big financial commitment.  And an important professional involved in the purchase process is a Conveyancer. Too often buyers make the mistake of bringing the Conveyancer in after they have purchased the property - BIG MISTAKE. Good conveyancers can add a great amount of advice and values within th...

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The Value of Enlisting Property Specialist Help

Like other property specialists, much of our work, aside from researching and finding good property, is negotiating and bidding for my clients. We enjoy the task of establishing an estimate of the value, the future prospects based on historical performance and the gross rental yield, but most of all we like the agent-advocate negotiations. So much ...

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How can Property Zoning affect a Property?

“Oh. What does that mean?” is the response buyers often have when we make mention of a little piece of information that can have significant negative flow-on effects for a property purchase. So what sorts of pieces of information could adversely affect a property purchase? And even if the buyer never plans to sell, how could their purchase e...

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