Bond Originators

  • Operate within Various Settings: Bond originators can be found working in law firms, bond companies, or as independent agents.
  • Act as Intermediaries: They serve as the go-between for banks, bond lending companies, and financial institutions that issue home loans.
  • Negotiate Rates: After liaising with financial institutions, they negotiate the best possible rates.
  • Prepare Contractual Documents: Once the rates are settled, they prepare all necessary contractual documents.
  • Client Meetings: They offer mobile and flexible services to meet with clients and their agents.

Registrations

  • Initial Agreement: An offer to purchase is made and must be mutually accepted and signed by both the seller and the buyer, forming the Deed of Sale.
  • Conveyancer Steps In: The Conveyancer receives all documentation related to the property transfer.
  • Payment to Conveyancer: The purchaser pays the Conveyancer’s fees.
  • Document Lodging: The Conveyancer lodges all required documents at the deeds office.
  • Property Registration: The property is officially registered at the Deeds office.
  • Payment to Seller: The purchase price is transferred to the seller.
  • Title Deed Transfer: The title deed is released to the purchaser.

Bank Assisted Sales

  • Identify Properties: These are repossessed homes available nationwide.
  • Advertise Properties: Real Estate Companies usually have a specialized section for these homes.
  • Reasons for Repossession: Homes may be repossessed due to missed payments or other financial issues.
  • Auction Process: These homes are typically sold through auctions.
  • Seller’s Urgency: The owner may need to sell for urgent cash flow, emigration or other reasons.
  • Buyer’s Advantage: Buyers often benefit from reduced sale prices.

Current Market Analysis

  • Purpose of Analysis: In the realm of Real Estate, market analysis aims to assess and compare the current market values of properties.
  • Estimation Method: The analysis provides an estimate of home prices based on the sale of similar properties within a specific area or suburb.
  • Benefit for Sellers: This analysis aids sellers in establishing accurate listing prices for their homes.
  • Benefit for Buyers: It also guides buyers in making competitive offers that align with market values.
  • Role of Estate Agent: An Estate Agent conducts this analysis by pulling research from multiple resources to ensure the accuracy of the gathered data.
  • Client Consultation: Armed with this information, the Estate Agent can then guide clients toward properties that fit within their budget and preferred location.

Valuations

  • Estate Agents: They are invaluable in valuing a property. Their expert knowledge of the area, sale prices, conditions of homes and the area in general can influence a purchase greatly. Advice from them on interest rates, sales trends and political influences is important.
  • Location: Nearby attractions in the area. Proximity to schools and business centres.
    Transport systems avaiable. The price of other properties in the area.
  • Age, size & condition of homes in the area you like: The state of flooring, tiling, and finishes. Cracks in the wall and paving or pool?
    Plumbing & Electrical. The condition of the garden and boundary walls or fences.
  • Renovations
    What are the possibilities for internal renovation. Is the property big enough to expand the house. How will adding a second story influence neighbours views.