What information do pre-purchase strata reports contain?

A pre-purchase strata report is a document produced by an independent company which should give a potential bidder on a property vital information about the building, its structures and related financial information. This information needs to be known before a property goes to auction, and needs to be accurate and relevant. The company producing the strata report should ideally be locally based and know all the relevant local housing legislation. They should consist of qualified conveyancers, inspectors and strata reporters, and should have considerable experience in this area. [Read More]

Three Crucial Tips for Avoiding House Purchase Mistakes

A home is an expensive investment. Therefore, if you are planning on purchasing residential property, you should be cautious and diligent. Choosing the wrong house could result in unexpected financial losses, increasing your payment burden. In addition, if you do not prepare for the purchase process adequately, you might face some challenges when closing the deal. Here are some crucial guidelines to help you avoid serious mistakes when buying a home. [Read More]