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Buying Real Estate
Buying real estate is about the biggest financial commitment and decision you will ever have to make. However, it is also an exciting turning point, one that will almost certainly make the most impact on your lifestyle.
For many it will be something never done before. Selecting the right property, in the right area, organising finance and negotiating the sale – it can be a little daunting. Yet it is not as complicated as you may think and there are many ways your First National Real Estate agent can help.
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What kind of home are you looking for?
The first step is to decide what kind of home will suit your tastes and lifestyle. Establish family priorities – don’t forget to include the kids in the discussion! Anticipate potential changes in lifestyle: size of family, job changes etc. Consider extracurricular activities and school when choosing your new home.
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What can you afford?
Establish the price range you can afford – even before you start looking at homes, First National Real Estate can help by assisting you to determine both your priorities and potential price range.
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Start hunting!
Prepare a short list of preferred suburbs that suit your lifestyle, bearing in mind affordability and accommodation requirements. Research sales in those preferred suburbs. Inspect every property in your preferred suburb so you have a feel for the prices. Attend all open homes in the area.
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You’ve found it…
There are two ways of buying a home – auction or private sale. Offers to purchase may be made in two ways – unconditional (commitment to buy the house as listed at the price agreed) and conditional (you will buy if certain conditions are met, e.g.: a soil test of the property). At auction, make sure you keep your financial limit in mind. Remember, once you have made a bid, it cannot be withdrawn.
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What happens on settlement day?
Typically:
- The lender authorises payment of the loan, and payment is made to the vendor;
- You (or your solicitor) authorise the vendor to collect the deposit money that has been held by the real estate agent, in trust;
- You receive a signed transfer of title deed and your solicitor or bank will arrange for the Registrar
- General to register the transfer and the loan;
- You pay the stamp duty on the home loan;
- You are given the keys and the house is yours!
Request a copy of our FREE Home Buyers Guide
for information on home loans, what you should do at auction, essential checklists and worksheets and understanding technical and legal terms.
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New Developments
First National Gladesville (“FNG”) provides a fresh, modern, and innovative, approach to the sale of all residential property. This approach, naturally, covers “resale” property throughout Gladesville and the surrounding areas, however, FNG also recognises and understands the requirements of many of our customers who wish to invest in/purchase brand new (completed or soon to be completed), and/or off-the-plan property, in close and/or other areas of Sydney and interstate.
Accordingly, as part of FNG’s full range of services, FNG has access to newly completed, and off-the-plan, residential properties throughout Sydney and, as suitable opportunities prevail, interstate. FNG has extensive experience in the marketing and sales of off-the-plan Sydney harbourside/waterfront residential properties. Working with development sales specialists, FNG has close “links” with the "major" development companies and, through these links, FNG has excellent properties available for sale off-the-plan, with short to long term completion, in high capital growth areas, ideal for investors and owner/occupiers alike.
FNG offers that elusive quality in today's marketplace - experience and skill and, importantly, the desire and ability to listen to you, our customers' requirements, and then to exceed your expectations. FNG provides a professional, cost effective service to meet your needs. We invite you to call our New Development specialists and to discuss you requirements and plans. We’re sure we’ll be able to assist you with our range of excellent new, and off-the-plan, properties and with the knowledge and expertise we can provide to make your purchase a satisfying experience.
Please click on the New Development “tabs”, for a comprehensive description of each of the new development properties we now have available for you, to meet your investment and/or personal residential requirements.
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NEW DEVELOPMENTS
First National Gladesville (“FNG”) provides a fresh, modern, and innovative, approach to the sale of all residential property. This approach, naturally, covers “resale” property throughout Gladesville and the surrounding areas, however, FNG also recognises and understands the requirements of many of our customers who wish to invest in/purchase brand new (completed or soon to be completed), and/or off-the-plan property, in close and/or other areas of Sydney and interstate.
Accordingly, as part of FNG’s full range of services, FNG has access to newly completed, and off-the-plan, residential properties throughout Sydney and, as suitable opportunities prevail, interstate. FNG has extensive experience in the marketing and sales of off-the-plan Sydney harbourside/waterfront residential properties. Working with development sales specialists, FNG has close “links” with the "major" development companies and, through these links, FNG has excellent properties available for sale off-the-plan, with short to long term completion, in high capital growth areas, ideal for investors and owner/occupiers alike.
FNG offers that elusive quality in today's marketplace - experience and skill and, importantly, the desire and ability to listen to you, our customers' requirements, and then to exceed your expectations. FNG provides a professional, cost effective service to meet your needs. We invite you to call our New Development specialists and to discuss you requirements and plans. We’re sure we’ll be able to assist you with our range of excellent new, and off-the-plan, properties and with the knowledge and expertise we can provide to make your purchase a satisfying experience.
Please click on the New Development “tabs”, for a comprehensive description of each of the new development properties we now have available for you, to meet your investment and/or personal residential requirements.
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