Found A Home In Carindale?
September 15th, 2010
For anybody who is an oversea’s buyer looking to invest in the real estate market in Australia then the procedure is moderately straight forward but can take time. Permission must first be sought from the Australian Foreign Investment Review Board.Once you’ve found the carindale real estate you would like to buy then an offer is tendered. This offer is then accepted or rejected. A counter offer is normally submitted by the owner of the property if he fails to agree with your offer.Once agreement has been made, a ten percent holding fee is necessary while the Contract of Sale is drawn up. During this time the buyer can withdraw from the sale and receive the majority of their deposit back (minus administration charge).Whilst the Contract of Sale is being drawn up the seller must make certain that the property is fit to sell. The buyer should also make sure that all paperwork is in order and prepare finance if required.The rest of monies must be handed to the seller upon signing of the final sale documents.
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