by kristy@thecollectiveco.com.au | Oct 13, 2020 | News, Property
What this means for you: The First Home Loan Deposit Scheme is a Federal Government initiative designed to assist First Home Buyers enter the property market sooner. The scheme provides loan guarantees to eligible First Home Buyers allowing them to borrow on as little...
by kristy@thecollectiveco.com.au | Oct 8, 2020 | News, Property
In our new series on the A – Z of Conveyancing we’ll go through the commonly used terms in relation to conveyancing. Adjustments These are the outgoings such as council rates, water rates, strata levies and land tax. They may be adjusted on settlement and added...
by kristy@thecollectiveco.com.au | Aug 26, 2020 | News, Property
Moving In It is advisable to move into the property at least the day after settlement takes place. Most settlements take place after 2:00pm and by the time your keys have been collected you may not be able to move into the property until much later in the afternoon or...
by kristy@thecollectiveco.com.au | Aug 21, 2020 | News, Property
Forwarding address If you have not already done so, you need to update relevant organisations with your forwarding address and cancel any plans or subscriptions related to the sale property. See our change of address checklist featured in part six of our selling your...
by kristy@thecollectiveco.com.au | Aug 19, 2020 | News, Property
When and where does settlement take place? Your settlement date is determined by the settlement period listed on the contract of sale and the date of exchange of the contract. It is typical that settlement occurs six weeks after the date of exchange however it is...
by kristy@thecollectiveco.com.au | Aug 14, 2020 | News, Property
Moving out of the property If you are living in the property you will need to move out prior to the date of settlement in order to provide “vacant possession”. This means that you must have all your furniture and belongings removed from the property before...