What to know when buying your home.
The hidden costs and details you may not know…
When you’re buying a new home in the SA property market, you may have little to no idea where to begin your search. Some people will say use Google or another search engine, but we recommend coming to the professionals. By simply speaking to an Urban Adelaide representative, you will gain copious amounts of knowledge which will save you time and headaches.
Undertaking some general research on websites such as www.realestate.com.au or www.domain.com.au will give you a better understanding of where you can buy and how much it will cost. Once you have done your research its time to start looking at what you want to buy… This may be a house and land package, established home, townhouse or an apartment.
It is always recommended that you seek independent financial advice to gain a better understanding of your borrowing capacity and financial situation prior to making offers on properties.
House inspections/ Pest Inspections
When buying an established home, it’s important to get an inspection done. House/pest inspections will give you a good story of the house’s history in regard to structure, strength and ware. Inspections can also be a battering point when putting in an offer on the house. It is also vital to have one done prior to cooling off any offer on the house, should there be any repairs, you don’t want to be lumped with a house that needs major repairs or renovations.
Conveyancing Fees
Conveyancing is the process of transferring ownership of the title of the land to the new owner, whether from person to entity or visa versa. They will do everything necessary to ensure that you are completely prepared for critical dates during the process such as settlement. They are also in contact with the other party’s lawyer/conveyancer dealing with all the legalities behind purchasing a home.
Conveyancing fees can vary from firm to firm, it is always recommended to do your research and find one who will suit your needs and requirements. Some great questions to ask, when calling around to find the perfect conveyancer to suit are:
- What
type of properties do you specialize in? - How
much are your fees and charges? - How
will you communicate with me and how often? - How
long will everything take on settlement day?
Contract of sale
The contract of sale is what binds the vendor and purchaser into a mutual agreement between both parties once executed. Some of the basic yet important information in which needs to be accurate and in line with your circumstances.
- Contract details of the seller, buyer and selected others in the sale of the property
- When and how will the deposit be paid as well as where it will be kept
- The date of settlement and ownership transfer
- Any special conditions, this may be subject to a pest inspection or subject to finance.
- Rights of cooling off period (in SA, it is two clear business days)
Overall these are a couple of the areas in which you may forget about that are extremely important when purchasing a home. For further information or guidance to buying a home, contact the friendly team at Urban Adelaide. They will guide you through the process step by step. With access to over 50 house and land packages, new and established homes, Urban Adelaide Property has you covered. Contact us today on (08) 8349 7747
Para Hills
Description of Property
Located on a 394 square meter allotment, this beautiful cottage front home boasts street appeal, with a modern interior that will satisfy your contemporary lifestyle. Located right next to up and coming suburbs Ingle Farm and Para Vista, this home is ideally located for a steady property market rise!
Upon arrival, you will notice the beautifully maintained garden at the forefront of the home, with the large White French Double Hung Windows, complete with security shutters, framing the property behind. The entryway leads into a spacious hall, giving a sense of connection to whole house. With new flooring and carpet throughout the whole home, along with freshly painted walls and ceiling, this house boasts a fresh feel.
With 3 spacious bedrooms each with built-in robes, an open plan living/dining room and not to mention an updated kitchen equipped with a large freestanding gas cooktop and dishwasher, this home is perfect for all!
The lush green grass area to the rear of the property along with ample parking space for 2 cars and the added benefit of a reversing bay, this property features a strategic layout for low maintenance living! The added bonus of a Solar Energy System will ensure that the cost of living is kept to a minimum.
In close proximity to Ingle Farm Shopping Centre, Saints Shopping Precinct, Public Transport, various Parks and Reserves, your location will be the envy of all!
Included Features:
• New carpet to all bedrooms
• New flooring throughout
• Large bathroom with separate toilet
• Off-street parking
• Solar Energy System
• Stainless Steel Dishwasher and Cooktop
• Colorbond electric roller door
• Beautifully landscaped front and rear gardens
This home will suit any buyer, from families, first home buyers or investors for many years to come! Make this YOUR home and start creating memories now!
Council / City of Salisbury
Built / 1970 approx.
Land / 394SQM
Council rates / TBA
Water rates / TBA
Es levy / TBA
Approx. rental range / TBA
RLA 282 765
Want to find out more about your property and where it currently sits in the market? Our agents can come out and provide a current comparative market analysis on your home.
Feel free to contact EmCity Property and ask for Jonathan Parini on (08) 8349 7747 for a free, no obligation market analysis based on current trends within the forever growing market. With multiple years of experience in the real estate industry our agents have access to “ready to buy” clients and developers. Make selling and buying your next home easy!
Contact the Agent Directly
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