Cannot Say ‘No’ To Carindale Real Estate
August 22nd, 2010
If you are an oversea’s buyer aiming to invest in the housing market in Australia then the procedure is moderately easy but can take time. Permission must initially be sought from the Australian Foreign Investment Review Board.(FIRB)When you have found the Carindale real estate you would like to buy then an offer is tendered. This offer is then accepted or rejected. A counter offer is normally submitted by the owner of the property if he does not accept your offer.Once agreement has been made, a 10 % holding fee is required as the Contract of Sale is drawn up. During this time the buyer can withdraw from the sale and receive the majority of their deposit back (minus administration charge).Whilst the Contract of Sale is being drafted the vendor must make sure that the property is fit to sell. The buyer also needs to ensure that all paperwork is in order and organise finance if necessary.The remainder of monies must be handed to the seller upon signing of the final sale papers.
Entry Filed under: Real Estate