Question 1

What is a Strata Title?

Accepted Answer

Strata Title is a type of ownership where the individual (buyer) owns part of the property (a lot, townhouse or apartment) and shares ownership in the rest (common property comprising gardens, driveways, etc) through a community association or owners corporation.

Question 2

What is a cooling-off period?

Accepted Answer

After the contracts have been exchanged, a provision called the cooling-off period allows the buyer to have a change of heart and cancel the contract. During this period, the seller is forbidden from selling the property to another buyer. A cooling-off period does not apply if you have successfully bid at a property auction.

Question 3

Should I hire a conveyancer or do the job myself?

Accepted Answer

While you are permitted by law to do your own conveyancing, it is a specialized job best left to a professional conveyancer. Make sure you know what you are doing or you risk delaying the settlement.

Question 4

My agent is asking me to invest in painting the home and getting the frontage cleaned up? Is this expense worth taking up when I am going to sell my property?

Accepted Answer

Definitely! Making your home look appealing to prospective buyers is a critical first step in the selling process. Repainting the outer walls, ensuring that the frontage and overall appearance of the home give a positive first impression ensures that the maximum number of potential buyers are attracted.

Question 5

Who is a buyer’s agent?

Accepted Answer

A buyer’s agent acts exclusively on your – the buyer’s – behalf. The agent helps you identify properties suited to your needs, organizes inspections, negotiates the selling price and contract, and monitors the contract from sale to settlement.

Question 6

Why can’t I sell my home on my own instead of hiring an agent?

Accepted Answer

You can certainly sell your home on your own but hiring an agent makes the process a lot easier and faster. More importantly, since an experienced agent knows the prevailing pricing trend in market he can give you accurate advice about pricing your property correctly. An experienced agent is also a great help in telling you how to prepare your home for sale and during negotiations.

Professionals Forster-Tuncurry

Products

Services

Reviews

Location

Media

Ways to Pay

Licences

Frequently Asked Questions

What is a Strata Title?

What is a cooling-off period?

Browse Real Estate Agents by Suburb Near Forster

Top Services Offered for Real Estate Agents in Forster

Top Products Offered for Real Estate Agents in Forster

The Place to Find the Best Real Estate Agents in Forster

Common Questions for Real Estate Agents

How can I find out how much my house is worth in Forster?

How can I prepare my home for an open inspection in Forster?

I’ve been given notice to vacate in Forster. What can I do?

What should I know about selling land in Forster?

What do I disclose when selling a commercial property in Forster?