- 1 Post By spannaelephant
House buying/what a difference!
We made an offer on a house yesterday which was accepted. What a difference to our real estate experiences in the UK! As soon as we signed the contract the estate agent pulled out all the searches for us to look at. We now have 2 days of cooling off during which our survey will be done. The vendors are locked in having signed the contracts. Completion date is in 11 days! All curtains, fixtures and fittings will stay.
I've bought houses in Adelaide before but had forgotten how much easier it is compared to the hell we've been thru recently selling our house in the UK.
Last edited by Aussie pat; 02-12-2008 at 10:00 AM.
Congratulations on your new house (if you don't use the cooling off period)
It can be quite a frightening experience the first time you go through the process.You feel very "corralled in".
Congratulation on your purchase. We have also just done the same, 3 weeks from start to finish and we move in next Monday!!!! Soooo different from the nightmare they put you through in the UK.
Now go and enjoy shopping for all the new thing you will need for your new home.
Cooling off period
Don't worry Tyke we've gone into the deal with all the best intentions. Have no plans to pull out or mess the vendors about. Would only cool off if the survey said the house was about to collapse, looks fine to us though.
Thanks for the good wishes
Hi. Well done on your new house! Was just wondering how the bidding works? Houses often advertised at $450 - $500 000 for example rather than a set price like in UK. Can you then put an offer in below $450 or would the owners be expecting the upper price? Any advice very welcome. Thanks
I'd be putting an offer in below $450k at the moment if I were you.
Originally Posted by Jez0207
Not a silly offer but worth a chance!
All offers must be presented to the owner.
We're about to move into our house this Friday, yippee!!!
Our experience has taken a little longer, and the vendors bank has been holding things up, we still won't settle on Friday they've been so slow, but instead, we have a licence to occupy issued, which enables us to move into the property. Under this licence, the vendors do have a right to charge rent, but under the circumstances are not...................so basically, as their earliest settlement data has been rescheduled for the 19th June, we get to live in our house.............MORTGAGE FREE..........how cool is that!
Sooooo looking froward to moving in and eventually getting our belongings and really starting Ozzie life! Good luck to all others with their homes