First Home Owners can apply for a grant

Are You Eligible For the First Home Owner’s Grant?

The First Home Owner Grant (FHOG) is a one-off payment from the WA government. It’s designed to help first home buyers purchase or build a principal place of residence. At $7000, it’s of great use for first home buyers. Am I eligible? There are a few key criteria that determine whether you’re likely to be …

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Residential Settlements

5 Reasons You May Need to Allow Extra Time for Settlement

Settlement date is the date on which your property transaction is completed and ownership of the property is transferred to you. Buyers and sellers alike are generally eager to have settlement completed as soon as possible, but it’s important to allow a suitable amount of time for settlement to be completed – because if you …

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The Offer and Acceptance form

3 Essential Things Buyers Forget to Include on the Offer and Acceptance

When buyers make an offer on a property, they must fill out an Offer and Acceptance form. The O&A determines all the specifics of the sale – the sale price, the parties involved, and any special conditions – so it’s important to get it right. But not everyone does, and when a vital detail is …

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Piggy Bank

Case Study: Buyer Refinance Causes Expensive Delays In Settlement

Agents can help avoid expensive delays in settlement by clarifying the intentions of their buyers in relation to finance prior to submitting an offer to the seller. During the course of a recent settlement, the buyers decided to shop around for the best finance deal as part of the finance approval process. After finding out …

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Residential Settlements

Sloppy Contract Almost Leads to Transfer of the Wrong Property

How the lack of title particulars on an offer almost led to costly and embarrassing delays in settlement. In a recent settlement, lack of title particulars (added information that helps identify a property) on the Offer and Acceptance (or O&A) almost led to transfer of the wrong property! Our client, the buyer, was purchasing a …

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