#Conveyancing
August 31, 2022
What is Contract of Sale? What does exchange and Cooling-off Period mean?
7 Min to Reade
The Contract of Sale is a document that sets out the terms and conditions agreed upon between the buyer and seller. Once signed, the Contract of Sale is a legally binding agreement between the purchaser and the seller.
August 31, 2022
What is Formal Approval ?
4 Min to Read
Formal approval (or unconditional approval) is granted once you have met all of the lender’s conditions, and they are happy that you qualify for a home loan with them.
August 31, 2022
Different titles (Strata, Torrens, Family)
7 Min to Read
A property title contains the legal information about a property and includes details about the land and who the legal owner is, along with data on anyone who has a mortgage on it.In Australia, there are a range of different titles that give the owner different rights to the specific property, the house and the land components.
August 31, 2022
Family guarantee loans / pledges
3 Min to Read
A family guarantee allows you to purchase a home, by effectively using the equity in another person’s property as a deposit. The main consideration for you if you choose a guarantor loan is that the person providing the guarantee is liable in the event that you are not able to make your loan repayments.
