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Building Inspection clause. Knowing the difference could save you $60,000 – $80,000

When purchasing a property buyers often make the offer subject to a structural building inspection. Understanding what the clause really means, can be the difference between faced to spend an additional $60,000-80,000 as illustrated below or paying nothing. More likely than not, the agent use the standard  “Australian Standard Pre-Purchase Structural Inspection Condition” available to […]

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Keep warm in winter without spending a fortune on heating.

Have you experienced that the cold mornings make your home freezing unless your heater is running all night? Do you have to turn the heater on at night or find your Ugg boots or blankets to keep warm inside your home? You could understand this is the case if you were living in an older […]

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Who is the Strata Council?

Are you about to buy into a strata but not sure what it is about? Then this quick and easy to understand video explains what you need to know. Video and content Courtesy of Liz Florence, of Abode Strata Management  Congratulations! You’ve chosen to invest in a Strata title property. Strata title allows shared ownership in […]

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What and who is the Strata Company?

Are you about to buy into a strata but not sure what it is about? Then this quick and easy to understand video explains what you need to know. Video and content Courtesy of Liz Florence, of Abode Strata Management    Video transcription: What and who is the Strata Company? You’ve chosen to invest in a […]

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Buyer beware – before it is too late

A recent court case has ruled that an owner builder who advertised their home for sale as “renovated to the highest standard” was not liable to compensate the buyer despite the house had significant building defects. For more info on this court case please click here If anything this should be a very clear reminder […]

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What to do when a structure is not council approved.

It’s important when buying or selling a property that you check that all the structures on the property have planning and building approval from the relevant local government authority. Quite often home buyers will purchase a property unaware that all the structures on the property might not have the required council approval. James Terenciuk from […]

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How to find a first home that will also be a great investment

Finding the right property is a difficult task for anybody, but an even harder feat for the first home buyer. How do you know if you are buying a good investment, or if you are committing yourself to something that you are going to regret down the line? Here are 3 things to consider when […]

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5 Essential tips when buying an investment property

If you have already bought an investment property, would you do things differently if you were buying today? Alternatively, if you are thinking of selling an investment property, consider what the buyer may thinking and how you can ensure that property presents in the best possible way. Here are 5 useful tips to help you […]

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Buying Australian Real Estate when on a temporary visa

If you are looking to purchase a property, holding a Permanent Residence (PR) removes the need to go through the Foreign Investment Review Board (www.firb.gov.au) for approval. The website states that: “Foreign persons are prohibited from acquiring established dwellings for investment purposes (that is, they cannot be purchased to be used as a rental or holiday […]