Purchasing a property involves many steps. We regard the following tips as very important in buying any property:

1. Decide what you want - What suburb, type of dwelling (house, unit, etc), how many bedrooms, proximity to shops, parks, transport, etc.

2. Take your time - Be a smart purchaser – do some research and this will take time. Look through relevant websites eg. www.domain.com.au, www.realestate.com.au & newspapers. We can assist you with online searches, etc.

3. Apply for Pre-approval - This offers you more confidence in what price you can offer and any other important factors which need to be considered.

4. NEVER sign anything without a finance approval - If you enter a contract or any other commitment to purchase a property and your finance falls through, you could lose significant amounts of money. You may receive pressure from people to sign, however, it is NOT in your best interest to sign without unconditional approval as advised by your broker &/or solicitor/conveyancer.

5. Engage a solicitor or licensed conveyancer - When you find a property, you might want to make an offer which is then accepted. In this case, you will need someone to peruse the Contract for Sale on your behalf. At Excellence Financial Solutions, we offer FREE CONVEYANCING* with each loan settled through us. (*excludes disbursements)

6. Ask the real estate agent for a copy of the contract - NEVER buy a property before a qualified person (solicitor / conveyancer) has perused the contract thoroughly and advised you accordingly.

7. Understand the exchange and settlement processes - These can differ from state to state and from property to property – make sure your solicitor / licensed conveyancer takes the time to explain these processes. Make sure you understand if you have a ‘cooling off period’.

8. When you find a property you like, arrange for a building and pest inspection - NEVER buy a property until a licensed builder and pest inspector has performed these very important checks.