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Do your homework before you buy a property

By on in Buying

Inspection Unless the contract makes specific provision, properties in Western Australia are sold in the same state and condition as when first inspected. So it is essential for buyers to conduct a thorough inspection. Once you have inspected the property, if you want changes to be made prior to sale or you want to ensure […]

Granny-flats – things you should know

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Using existing land, granny-flats may be a home extension or a self-contained dwelling.  A granny-flat may be a convenient and cost effective option, striking a good balance between close access to family and independent living. As no property transfer is required for granny flats, there is no transfer duty or real estate agent fee, and […]

How to compare quotes. Beware of scams!

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Congratulations on buying / selling your home! You need a settlement agent. Your real estate agent can suggest someone, but you’re a savvy shopper – you want an excellent price, with service to match. Quote time! What’s in a settlement quote? Put simply, whether you’re buying or selling, your quote will be made up of: A  professional fee – the fee […]

Buying off-the-plan risk#1 – that’s not my home!

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Imagine a world where you could safely assume that a property bought off-the-plan would be worth more at settlement, than when you signed up for it. There’s the lure of an upfront deposit of 5-10%, while you save your pennies for a couple of years in preparation for the final payment. And then, when the big day arrives, […]

Measure-up before you take the plunge (swimming pools and fences)

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Properties with pools are a popular choice in WA.  Here are some water-safety tips for buyers. Swimming Pools The Building Act 2011 (WA) mandates that a building permit is required prior to the construction of a swimming pool or spa. Swimming pool fences Australian Standard AS 1926.1-1993 requires a compliant safety barrier for swimming pools […]

Help! My home has unlawful buildings

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Oh no!  Not another one. It’s an all-too-common story.  The buyer signs a home contract, without first obtaining legal advice.  Prior to settlement he visits the Local Government (council) offices and makes the unpleasant discovery that some of the buildings don’t have approval. As a general rule, most substantial renovations to homes require council approval […]