Purchase With Motion
Connecting people and property is what we do best.
Buying a property can be one of the most exciting and rewarding purchases you’ll ever make. So how do you filter the market to find the right one? The simple answer is, you don’t – you talk to the experts.
Our combined industry experience, market knowledge, highly skilled people, and effective systems set us apart. We’re passionate about our local area and dedicated to providing a superior level of service.
Our combined industry experience, market knowledge, highly skilled people, and effective systems set us apart. We’re passionate about our local area and dedicated to providing a superior level of service.
We check-in. We share the key milestones and as always, we’re here to answer any questions and guide you through the entire process.
The Journey of Property Purchasing
Budget
A few things that will influence your budget are: the size of your deposit, your borrowing capacity, how much debt you’re comfortable taking on and upfront costs, such as due diligence and stamp duty. A mortgage broker can help you find the best loan and interest rate.
Research & Filter
It's important to decide on criteria including the number of bedrooms, bathrooms, parking spots, and the size of the property. We have access to market insights and data that enables us to quickly shortlist the right properties for you.
Due Diligence
Buying a property is a huge investment, so it’s a good idea to go into the process with your eyes wide open. Ensure you budget for a building and pest inspection and have your conveyancer review the contract of sale.
Pay a Deposit
Upon exchanging the contract of sale, the deposit – which is usually 10% but may be agreed by both the seller and buyer – also becomes due.
Contract of Sale
In private sales, signed copies of the contract of sale are exchanged between the buyer and seller, while at auctions, the contract of sale is signed and exchanged immediately after the auction.
Make an Offer
After inspecting the chosen property, reviewing the relevant reports and contracts, and obtaining home loan pre-approval, submitting a written offer to the agent puts you in a favorable position to proceed with the purchase. The agent is required by law to relay the offer to the vendor.
Pre-Settlement
Conduct a final property inspection to ensure it meets your expectations. Apply for lender approval to make sure finances are in order. Obtain proper insurance and appoint Motion Property to manage your investment.
Settlement
Following your final inspection, you’ll authorise your lender to transfer the remainder of the purchase price to your solicitor or conveyancer, who’ll transfer it to the seller and, in return, you’ll receive the title of ownership and the keys to the property.
Post Settlement
Enjoy your new property!
Motion Property will continue to keep you updated on the market and provide regular property appraisals so you always know your position, should anything change.
Motion Property will continue to keep you updated on the market and provide regular property appraisals so you always know your position, should anything change.
