Site Inspection Clause If you want to get onto the site prior to settlement, make sure it’s written in the contract that you’ve got access. Otherwise, once you’ve signed the contract, the buyer can say to you, “Sorry, I’m not letting your air conditioning man or...
Due Diligence Clause One of those clauses in there in both the contract and the option agreement is the due diligence clause. The due diligence clause is kind of a get out of jail free card. People use it to mean a lot of things, but...
Finance Clause You’ve got to have finance clauses in there that allow you enough time to organise your finance. Finance at the moment is taking a lot longer than it normally does. So you at least want 21 days, preferably 28 if you can get it...
Building and Pest Clause In every other State, bar New South Wales, we have conditional contracts. We put clauses in to make these conditional contracts. There are the normal ones like building and pest, and finance, but how detailed do they have to be or can...
Commercial Buyer’s Risk You should never buy a commercial property unless your solicitor has seen the contract. There’s too much involved. There are GST issues, there are tenancy issues, and there are a lot of things in commercial that do not relate to residential that your...
Advisor Risk If you’re entering into any kind of deal, you’re going to require advisors. There are all types of specialists in their field that you will need to give you the best advice; solicitor, accountant, real estate buyer’s agents, building and pest inspector, finance advisor,...
LEGALS About legal expenses, and what is tax deductible, and what isn’t tax deductible. What we’re now going to do is go through all the legal processes that you need to take on board and implement in your immediate strategy plan, to minimize and manage risk. Risks There...
TRUWAY website for Buyers Agent Why professional medical practitioners and high profile sporting celebrities choose TRUWAY as their Buyers’ Agent When creating wealth through investment these professionals have high demands on their time and services. They are time short and do not possess experience or qualifications when...
Selling Tips 11 key steps to selling your property Selling a home isn’t quite as simple as sticking up a ‘for sale’ sign and waiting for the buyers to come to you. Here is a quick overview of the various steps involved in selling a property. You...
8 Steps for investing property Understanding the factors that trigger price growth helps ensure you pick a winning investment at the right time. When it comes to investing in property, capital growth is king. While income helps you hold on to your investments over the long term,...