The other costs to consider when buying a home
Saving for a home deposit takes time, patience and a lot of hard work. Unfortunately, that’s not the only upfront cost you’ll encounter when buying a property.
In this consultation we will explain your contract requirements and costs.
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REINSW CEO Tim McKibbin says it was great to see the NSW Government pass legislation late last year confirming that property documents like sale contracts and residential leases can be signed and witnessed online.
“This is good for agents, sellers, buyers, landlords and tenants,” Mr McKibbin said.
“Times are changing, and technology is playing a more pivotal role in the property services industry. This new NSW law brings the industry in-line with other industries embracing technology and streamline business practices.”
“We lobbied hard for this new law, and we are proud that we can provide the tools property professionals need to take advantage of the efficiencies this law now enables.”
“To give one example, with digital forms and agreements, and digital signing platforms – such as REI Forms Live and DocuSign – at the ready, property managers across NSW can develop, communicate and finalise residential tenancy agreements digitally,” Mr McKibbin said.
Saving for a home deposit takes time, patience and a lot of hard work. Unfortunately, that’s not the only upfront cost you’ll encounter when buying a property.
There are many reasons why home owners decide to downsize in this current climate. If you are thinking about taking the leap, here are some insights which might assist you along the way.
Your paper certificates of title are about to become worthless!
It’s proposed to abolish stamp duty on NSW land purchases – but there’s a catch!
Has a Purchaser offered to pay a deposit of less than 10%? Before you agree, you should understand the risks involved if the purchaser can’t complete.
There are many reasons why home owners decide to downsize in this current climate. If you are thinking about taking the leap, here are some insights which might assist you along the way.
The new laws generally recognise the changing nature of strata living and the increasing shift towards permitting responsible pet ownership in all strata buildings.
Your paper certificates of title are about to become worthless!
Great news for home sellers, not so great for home buyers
It’s proposed to abolish stamp duty on NSW land purchases – but there’s a catch!
First home buyers and the construction industry in New South Wales will be the big winners under a targeted boost to eliminate stamp duty on newly-built homes below $800,000 and slash thousands of dollars for properties up to $1 million. The changes commenced on 1 August 2020 and will last for a 12-month period.
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