The Flying Toga Blog

Making A Carindale Real Estate Offer Carindale Real Estate Investment

Should you be an oversea’s buyer aiming to invest in the housing market in Australia then the procedure is fairly easy but can take some time. Permission must first be sought from the Australian Foreign Investment Review Board.(FIRB)Once you’ve found the carindale real estate you would like to buy then an offer is tendered. This offer is then accepted or rejected. A counter offer is normally submitted by the owner of the property if he fails to agree with your offer.Once agreement has been made, a 10 % holding fee is required as the Contract of Sale is drawn up. During this time the buyer can withdraw from the sale and get almost all of their deposit back (minus administration fee).Whilst the Contract of Sale is being drawn up the seller must make sure that the residence is fit to sell. The buyer should also make certain that all paperwork is in order and arrange finance if necessary.The remainder of monies should be handed to the seller upon signing of the final sale documents.