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Whose fault is it anyway?

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September 2016

Whose fault is it anyway?

When something goes wrong in a property transaction, some Australians are becoming more litigious and looking for who to blame in the process.  Sadly, the reality is if you have already settled on your property, then Caveat Emptor applies, which is:

“the principle that the buyer alone is responsible for checking the quality
and suitability of goods before a purchase is made!”

So if your new home turns out to be major nightmare from simple issues like no insulation to major issues like asbestos and easements with cement drainage holes littering your back garden, it is all your own FAULT.

So what role does a conveyancer play and how can a mortgage broker guide you through this process?

More often than not, people will first contact a mortgage broker to find out how much they can borrow.  However,  an experienced mortgage broker can guide you prior to making that purchase on issues such as who to contact next, recommend service providers such as building and pest inspectors, conveyancers, quantity surveyors and architects to name a few.  They can also let you know who is responsible for what part of the process.

If you plan to develop the block you are purchasing, it is your responsibility to contact the local Council to assess the feasibility of your proposal – particularly if you are changing the use such as from one dwelling to multiple.  You should engage the services of a reputable architect to guide you through this process.

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Brisbane Seminar
October 15

unnamedAnnouncing additional speaker
Rebekah Hurworth , CEO, My Family Home Experts,     who will give you
5 Top Tips on How to Develop a Block

Please join us on October 15 at the Brisbane Convention Centre, when we assemble a huge line up of quality speakers keen to share their knowledge on Hot Spots and Hot Tips for Property Investors.

You will learn more about:
Renovating
Depreciation
Contracts
Hot Spots to Buy
Holiday Rentals
Property Finance
Accounting Tips

All ticket proceeds will be donated to Backpack Bed for the Homeless in Brisbane.

Cost: $30 which includes a goodie bag, morning tea/coffee and door prizes

8.30am for a 9.00am start – 1.30pm finish.


Mortgage Calculators

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Did you know they are one of the most popular resources property buyers use?
And did you know we have 20 different calculators available on our website?

[us_btn text=”Check them out!” size=”” align=”center” icon=”” target=”_blank” color=”primary” link=”url:http%3A%2F%2Fpropertyedontraportcom.ontraport.com%2Fc%2Fs%2FkoZ%2FUcA%2Fs%2Fm%2FsR%2F6FoVUU%2Fp6tHBTZc3″]