Real Estate Property Management, Sales, Renting

Real Estate Property Management, Sales, Renting from Onside Property

By: Onside Property  11-Dec-2014
Keywords: Real Estate, Property Management, Investment Property

Our Service and tips; - Selling homes - Renting & Leasing apartments - Property Management - Commercial Real Estate - Residential Real Estate - Project Sales - Inner West Real Estate agents Whether you are buying an investment property or your dream home or apartment, here are several tips to keep in mind. Property inspection reports Building and Pest Inspection recommended prior purchasing is essential and before making and offer or buying at Auction. Whether you are buying an apartment or investment property, also note that a strata assessment inspection is also important for them to check. Contract of Sale Prior submitting the property to the market ensures you use a reputable solicitor or conveyancer to review the contract before bidding at auction or making an offer. This allows you the opportunity of negotiation and to arrange conditions prior Auction such as deposit amounts and extended settlement periods. Stamp duty costs When purchasing a property, stamp duty is payable by the buyer usually within three months from the date of exchanging of contracts, It is important when you are calculating your budget and home loan borrowing capacity. All states vary in stamp duty percentage best to check the below website for useful information. Land tax adjustments and assessments Your (Home) being the principal residence is generally exempt from land tax in NSW. For more information on premium property duty, speak to your accountant or there are several domains online to visit such as the OSR and OFT. Property Insurance Completely disregarded when purchasing property, building and content insurance secure you in the event of the "Inevitable" happens to the property after you have exchanged contracts. As they say "Prevention is better than Cure" use this as a property guide when buying Real Estate. Check the surrounding areas It is important to check the local area of where you are considering buying your home or investment property, this will have an adverse effect on securing your property. Why? Because you may be unaware of certain properties under development, or you may not know that the owner next door is considering building apartments. Much to Sydney's overall expansion, general council areas have changed DCP and LEP requirements that now allows for more development opportunity in the Inner West areas. Buyer's Agent, do they work? When using Buyers agents to help secure your property, they need to be very "Knowledgeable" of buying a property. We have concluded that most of the buyers agents step the lines or of a "Grey" path when assisting buyers and dealing with Agents, as they are basically Real Estate agents turned Buyer Agents" Not all buyers agents have an in depth knowledge of the area and see multiple properties every day, so be mindful when choosing a buyer's agent, in some cases you may be paying more for a property and you may not even know. When making big decisions it’s crucial to have the right advice. We’re members of the Real Estate Institute of NSW and offer the in-depth market knowledge to put you on the path to success. When considering selling or buying or renting your home or investment within the Inner est talk to the Real Estate professionals at Onside Property.

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