Buying Properties in Sydney
Investment advisor in Sydney offers an array of options for those looking to purchase a house, apartment or commercial space. This iconic city is a desirable location, offering year-round sunshine and access to stunning beaches and harbour. However, there are unique issues buyers need to be aware of.
Before buying any property in NSW, it is essential to do your research. This includes utilising online real estate platforms, local reports and obtaining mortgage broker or lender insights. This information will provide you with an understanding of the property market, and ensure you are buying at a competitive price.
How Real Estate Buyer’s Agents in Sydney Simplify the Buying Process
Once you have identified a suitable property, it’s time to make an offer. This can be either verbal or written, and is conditional upon the outcome of building inspections, pest inspections and your lender’s approval.
After an accepted offer, the next step is to exchange contracts. Your solicitor or conveyancer will organise this, and a deposit will also be required (usually 10% of the accepted purchase price). A five day cooling off period is standard in NSW, and if you decide to withdraw from the contract during this time, you will need to pay 0.25% of the purchase price.
To maximise your chance of success, enlist the services of an experienced buyer’s agent to advocate on your behalf in the property search and negotiation process. These professionals have intimate knowledge of suburbs throughout Sydney, access to off-market properties that aren’t available to the public and will tailor a negotiation strategy based on your specific needs and budget.