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The Devil is in the Detail

The Devil is in the Detail

  • 31 Jul 2017
  • Meg Georkas

You can fall in love with a property very quickly. You can even fall in love over the internet looking at your new house on a real estate site whilst lying in bed before you even turn up for an open house inspection. However, to make a good decision you need to consider everything about the property you are looking to buy.

Go and inspect the property on several occasions formally and informally at different times of the day, including on a weekend, and on a week night. Think about parking, noise, aircraft, neighbours, trees, dogs, floods and any planned council developments and building projects. Look for anything that is going to need to be repaired as you'll need to budget for that. If you let your love for a property cloud your analysis, you might not see what others see and that is going to cost you.

Formal Property Inspections

The property looks sound and solid so do you still need an expensive building inspection? The answer is Yes. An independent property inspection will reveal hidden future costs and reveal the full state of the building. It is advisable to have both a building and separate pest inspection carried out. A building inspection might, for example, highlight prior termite activity at the property but won't advise whether termites continue to be present.

If you are purchasing a strata property it is advisable to carry out a strata search where a consultant will examine and assess the interior and immediate exterior of the unit you are considering buying and also look at the records of the strata scheme.

Deciding on Type of Ownership

If you are buying the property with someone else, you will need to decide the type of ownership you will have. There are two types of shared ownership:

  • Joint Tenants, where the property is held by two or more people in equal shares. If one dies, his/her share goes to the survivors
  • Tenants in Common, where the property is held by two or more people in equal or unequal shares. If one dies, his/her share goes to a person named in his/her will.

Opinions are those of Meg Georkas and may not reflect those of others.

High Quality & Exceptional Service!

Peter, Ali and the team at Hutchinson & Harlow were excellent to work with. We were provided with outstanding level of professionalism and service. Hutchinson and Harlow have a good understanding of the real estate market in Armidale and surrounding regions. Their sales and marketing approach was fantastic, attracting a lot of interest and providing us with a sale at the right price quickly. Ali was brilliant to deal with. She kept us will informed, catered to our needs and made selling the house a seamless experience.

- Leah Cook (Vendor)
Armidale

Reliable and Honest Agent

Peter Georkas was honest, upfront and he and his team were friendly and efficient. Selling a property is a big decision and I felt supported and included in the process at every step of the way. Peter is a warm agent who acts with integrity. I would highly recommend him and his team.

- Zeva (Vendor)
Armidale

Brilliant agent!!

For many years we have bought and sold with Peter and the HH team..we wouldn’t consider using anyone else..
The service is professional, yet friendly..at all stages of the buying and selling processes the clients are kept up to date...
All members of the team are delightful, friendly and helpful..
We can confidently state that the HH team will be the right choice for you..
Don’t waste your time shopping around-go straight to the professional team with years of experience...you’ll be glad that you did!!

- Justin & Vanessa (Vendor)
Armidale

Ali sold my investment property

Ali sold my investment property in April 2018. I would recommend Ali from H&H. H&H held regular open houses and were following up with all enquiries on the home.

- Patricia (Vendor)
Armidale