Here is your 8 point checklist to complete prior to submitting a successful offer to purchase a property

1. Engage a broker to discuss your financing options 💰

• Consider obtaining finance pre-approval ✅
• Seek advice on finance approval timeframes

2. Determine how you would like to purchase the property 🏡

• Do you want to purchase it in your name solely or with someone else? Do you want to purchase using a company or trust 👪? 
• Talk with an accountant or financial planner to understand the tax implications of various purchasing entities ✒️
• It isn’t simple to add, remove or change a party to the contract once it is signed, so it’s important to get it right upfront 🚧

3. Determine what deposit you would like to include with the offer to purchase 🐖🔨:

• A Percentage 5% or 10%; or
• A fixed deposit, and example would be – $1,000.00 initial and $10,000.00 as a balance paid on unconditional.

4. Make sure you budget for all associated costs 💸, including:

• Transfer duty
• Bank valuation
• Building & pest inspector
• Legal professional fees
• Legal disbursements required, such as search fees when conducting legal due diligence prior to settlement.
• Lender fees
• Property insurance