Image of a clipboard and checklist.

A complete guide to completing your pre-settlement inspection

If you’ve bought a home using a standard REIWA Offer and Acceptance you’re entitled to complete a pre-settlement inspection. But your right to complete that inspection has limits, as we explain below. What is a pre-settlement inspection? A pre-settlement inspection allows you to check that the seller has complied with their obligations under the contract. …

READ MORE

Happy, smiling couple sitting next to each other

First home owners grant and rebates – 5 things you need to know that could save you thousands

It is often said, “It’s not what you know, but who you know in life that counts.” But when it comes to First Home Owners Grant and Rebates, knowing what is available and who can help you with the process are equally important. Because ongoing changes to the government’s First Home Buyers Grant and Rebates …

READ MORE

What can Delay your Finance Approval

What can delay your finance approval? Find out here

The Perth property settlement process involves moving parts that all need to come together for settlement day. These include paperwork, legal documents and transfer papers. Finance approval is an important part of the process and one that is delayed or taken for granted by property buyers. The list of items required to process and approve …

READ MORE

White Ants: Don't Let These Little Pests Ruin a Deal

White Ants: Don’t Let These Little Pests Ruin a Deal

Sometimes it’s the little things that cause the biggest headaches during settlement. This was certainly the case for one unsuspecting seller when a dispute arose between himself and the buyer after the discovery of live termites in a tree stump. In this instance, Mr Jones (not his real name) accepted an offer that was subject …

READ MORE

An old house requiring repairs

How rookie advice about a structural inspection almost cost a buyer thousands

A recent settlement case has highlighted the need for agents to understand the implications of ‘structural inspection clauses’, particularly, what it addresses and what it doesn’t.   This was clearly demonstrated when a rookie agent incorrectly advised a buyer that some maintenance issues at a property would be covered by a structural inspection clause, potentially …

READ MORE

How a finance approval letter could cost thousands in penalty interest

How a finance approval letter could cost thousands in penalty interest

A recent call from an agent has highlighted the risks to buyers when they fail to notify the seller that their finance has been approved. In this instance, the buyer had told the agent they had received finance approval. But, in an attempt to delay settlement, they refused to provide the written notice required by …

READ MORE

Moving House - It's a Case of Having a Plan B

Moving House – It’s a Case of Having a Plan B

As they say “failing to plan, is planning to fail” however we find that when it comes time for clients to co-ordinate their house move with their settlement date, it’s wise to maintain some flexibility with the planning. This includes the all-important booking date for removalists because a scheduled settlement date is not always guaranteed …

READ MORE