FAQs
What questions should I ask an estate agent when buying a house?
Typically, you'll wish to find out the following:
- How and when you can move in;
- How much notice the estate agent needs from a buyer if an agreement is made;
- How much a seller of a house might ask for in order to move out;
- The particulars regarding any tenancy agreements and leases that might affect you as a buyer; and
- What happens if the seller doesn't do what he or she agreed to do.
What can I do to get the pick of the best properties?
If there are numerous properties in your area then choose the one that best suits your interest from the start, do not waste time on the others. Your best bet is to look at multiple listings to find ones that have the type of property that you want, based on the requirements you have submitted.
Do I have to pay an estate agent if I decide not to sell?
No, you do not have to pay an estate agent if you decide not to sell. If you decide not to sell, just let your estate agent know and they will stop marketing your property for sale.
How can I find out how much I can afford to spend on a property?
An important question, without a doubt. This is going to be tricky in the beginning because exact estimates depend on many different factors, including your particular financial situation. This, however, does not mean you will lack the information needed to find out if a property meets your financial criteria. The most direct way to find out what you can afford is to work with an estate agent or lender. They will run the numbers and help you figure out how much home you can afford.
How long will it take to complete my purchase after an offer is agreed?
Once you've agreed on an offer, it then takes between 2 and 14 days to complete the purchase process, depending on the property. The majority of purchases are completed within 7 days. Don't worry though, we will be in contact throughout this time to keep you up to date with progress.
