Tag: Quotable Value

How You Can Help The Sale Process Of Your Property

It is no secret that at present the Property Market is definitely a Purchasers market, not a Sellers Market. So how can you help effect a Sale more quickly? No matter whether you are using the Services of a Licensed Real Estate Agent or selling privately.

Firstly you need to establish what your property is valued at in the current market. You can obtain an Appraisal from a Licensed Real Estate Agent, Registered Valuation (which may cost you anywhere between $350-$600) or obtain a Report online from Quotable Value together with research in your local property guide and from other sources online.

Once you have this information to hand you will be in a better position to negotiate with any potential Purchasers who present you with offers on your property.

Presenting your property for sale is another key factor and these are somethings you may wish to address prior to taking your property to market and maintaining during the selling process:

1.  Give your lawns a mow and weed your garden beds.

2.  Attend to any maintenance and jobs which need to be finished.

3.  Wash or dryclean curtains, and clean any venetians or blinds.

4.  Give the bathrooms, laundry and toilet areas a clean with a good mould remover. Also check that all extractor fans are working      and these areas are ventilated well.

5.  Have the carpets professionally cleaned.

6.  Make sure the stove and oven are cleaned and maintained.

7.  Replace any light globes which may not be working.

8.  Try to declutter where possible and pack away items which are not in regular use.

9.  Clean windows and window sills.

10. Fix any leaking taps.

11. Check the plumbing, electrical and gas fixtures and fittings are in good working order.

12. Fresh flowers, and a brewing pot of coffee create a nice atmosphere when potential Purchasers are viewing your property.

It would also be extremely beneficial for you to check the property file held at the Local Council to ensure the original dwelling together with any alterations or additions have the necessary  Building Permits, if they don’t this can and will cause an issue. It would in your best interest to arrange for this to be remedied prior to entering into any Contract or make allowance in the conditions.

Also if you are selling a Cross Lease Title arrange to obtain a Title Search so the Flats Plan can be check to make sure the dimensions have not changed. This is very important if you have made alterations to the property, and they are attached and enclosed. Updating a Cross Lease Title is very expensive and a long process.

If you are not sure check with your Registered Conveyancing  Practitioners as we want to avoid any delays and problems in the property transfer process.

Your Real Estate Agent is now required to make full Disclosure of any matter pertaining to your property to any Purchasers.

A bit of extra work can help result in a successful sale and property transfer.

If wish to discuss any aspect do not hesitate to give us a call on 0800 2 87878 option 1. Cheers Kim :)

 

Buying a Property

April 21, 2010

Most people find the process of purchasing a property a daunting and scary experience, but rest assured it can be one of the most fantastic experiences. The first step to undertaking a property purchase is research and understanding what it is you need to be looking for. This blog is designed to give you some useful tools to help you.

Step 1. Understanding the market and area in which you want to purchase a property. There is lots of information available on line today.

Some of the resources you could use would be the local property press, quotable value, real estate agents property advertisers, estate agents or statistics from the Real Estate Institute of NZ to name a few.

Step 2. Speak with a professional Mortgage Broker to assess your ability to borrow funds and how much deposit you will be required to pay once the Agreement is confirmed unconditional. They will also look at the best loan structure to suit your needs.

This will also help you guage the price market in which you can buy.

Step 3. Check with the local council as to what the annual rates are. Is there any water charges applicable? How much will the insurance cost? What are your Conveyancing and Settlement fees? These costs will also need to be factored into your budget.

Step 4. Make a wish list of what it is you are looking for in the house in your market price.

Some things to consider :

- Schools.
- Public transport.
- Library.
- Shopping Centres.
- Sports and Recreation facilities.
- Banks.
- Post offices.
- These are but to name a few.

Step 5. Take your time and visit open homes to see what you get for your investment. Never buy on emotion. I have personally been guilty of this and it can be costly.

Step 6. Prior to entering into any Sale and Purchase Agreement make a trip to the local Council and check the property file. You will find a lot of information about the property you are intending to purchase.

Step 7. Once you have found your dream home contact your Conveyancing Practitioner to get the appropriate advice about what conditions should be included in your Sale and Purchase Agreement. They can also conduct a Title Search to see what encumbrances are registered as there could be some which affect the use of the land.

Above all enjoy the experience. When you engage the right Professionals the process will be hassle free.

If there is any further information you need please contact us, or is there anything in particular you would like to know?

Please leave your comments and feed back below we would love to hear from you Kim :)

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