Online marketing of properties in the digital age can be a visual feast and the very nature of marketing is to enhance the great things and not show anything that may limit interest in a property.
Now while it would be very counter-productive for a property for the marketing to be skewed or misleading, any photo or video production of any property can never truly capture a property’s scale, feel, flow, ambience or how it blends with its surroundings.
Therefore, buyers must visit a property in person to get a true perspective of its suitability. Photos and plans should only be used to qualify a property in terms of its feature, size and location. You could start to get a feel for what an area may offer before you seriously start looking, however when it’s time to get serious about buying you need to get into the real world and personally visit homes that suit your basic criteria.
Not only will you judge the home properly but the experience of vi...
There are times when a property may have an issue around it, be it physical such as a fault that you may not want to or can’t rectify, or something that has happened in the property such as a serious crime that may cause buyers to shy away from its purchase. These issues are commonly referred to as ‘material fact’.
The more common issues are repairs which can be readily repaired, albeit at times expensively. While there is no definitive list of issues that must be disclosed, the law in brief describes a material fact as anything that could have a bearing on a buyer’s decision to purchase.
Not disclosing a material fact to a buyer by an agent is a serious breach of the law. It is generally accepted that if an issue warrants asking whether it is or not a material fact, then it probably is, and best practise would say to disclose it.
Vendors should not be concerned about having an issue disclosed by their agent as firstly it only needs...
I have always been impressed with the way Bunnings do business and its a model for anyone contemplating setting up a successful business.
Firstly and the most impressive is their staff. Ask anyone about any product in the store and they instantly know where it is.
Next they have an excellent knowledge about the product and if its something that's a bit more specialised, they know just who to ask who will then blow you away with their level of expertise.
Secondly they stock what people want and at very competitive prices. If you think back at Masters, their merchandise had it would have been funny had their dopey management not caused a disaster in the working lives of so many staff.
Thirdly and get this, with Bunnings if you had a return even without your docket, they will honour it with a credit note and with a smile.
Furthermore, should you forget, loose or not use that credit note within a year, they will...
The issue of whether couples should buy property as Joint Tenants or Tenants in Common may appear straightforward, however it’s a decision that can have immense unforeseen ramifications should things go wrong.
As an agent I must stress that as I’m not a solicitor I cannot and will not advise on the subject. Buyers should seek advice from their solicitor from an asset protection and estate planning view. So, the purpose of this article is not to proffer any course of action but simply to raise an awareness.
In brief, as Joint Tenants each person owns and equal share and, in the event, one dies, their share goes to the remaining owner. Whereas in Tenants in Common each owner can own unequal shares which can be sold to anyone else and upon the death of one owner, their share goes to their estate.
Most people simply take the Joint Tenants option because on the surface it looks ...