7 Mistakes Most People Make When Shifting Home

Not Knowing about Schools:

Most public and private school systems in major areas have a contact person who is more than willing to meet with parents and explain all the options of their particular school. There are plenty of options available that our diverse culture offers. From special education to advanced placement, from traditional schools to special needs schools, understanding all of the choices a student and parent may make are crucial. Private and public schools are also very anxious to help. Ask for literature and visit the schools for tours and added information. CHECK THEM OUT!!

Choosing the Wrong Real Estate Agent:

You have an idea about the style and prices and location of the home that you want. Discuss with various Real Estate agents how they will go about finding the right property for you. Make sure you understand for whom the agent is working, the seller is [ayig the agent. but without the buyer there will be no sale. You must feel confident that the agent also has your best interest in mind at all times on all properties. The agent coordinates the home finding experience and may, if he/she is doing their job professionally, will give you advice and counsel.

Not Choosing the Best Agency:

Confidence in knowing that your agent is always looking out for you in every real estate transaction. Whether your property is listed for sale or if you are the buyer. They have Codes of Conduct. As Members of the Real Estate Institute of Victoria Ltd. (REIV), we will

• be ethical, honest and fair to all; Deliver professional service;
• adhere to industry best practice standards;
• undertake ongoing Continuing Professional Development (CPD);
• ·ensure that information we provide is current, accurate, relevant and complies with the law

Not Having A Building Inspection:

Are building inspections necessary? What about new home inspections? Whether new or existing, pay for a professional building inspection. It is cheap insurance. The inspection is designed to cover the five major components of a home: structural integrity, roof, electrical, plumbing, and heating & air-conditioning. New homes can have as many problems as old properties. How would you know if the builder failed to use materials that are Australian Standards requirements or that the gas valve on the pool heater was malfunctioning? Also, building inspections provide valuable information on maintenance tips. For the best results, be at the inspection. Ask your agent for a list of inspectors and the agent’s help in selecting one.

Choosing the Wrong Lender:

All mortgages are not created equal! Lending options are numerous and need to be thought through. The duration of time you plan to spend in your new home should be a consideration on whether you choose a variable percentage rate at the beginning of the loan, or take a higher interest rate with no discount points. Interest rates and government fees will vary between banks and mortgage brokers, and should be compared. Service and availability of the loan consultant is also a consideration. There is nothing worse than poor communications to foul up a potentially smooth process.

Not Engaging Professional Lawyers or Conveyancers:

Title searching is a no brainier. Don’t ask, just make sure your lawyers do it! A title search guarantees what information is recorded at the titles office. Notices and compliance orders etc. not disclosed on the Vendors Statement can cause big problems later. The lender only requires the mortgage documentation and Vendors Statement which is not guaranteed for accuracy. Whilst caveats, mortgages, covenants are shown, for absolute certainty it is worth it to have the maximum protection a professional lawyer or conveyancer provides and it is nice to know your property purchase or sale is 100% safe and secure.

Choosing the Wrong Moving Company:

There are an abundance of horror stories concerning moving companies. Several well known examples are: lost, broken, and stolen items; late delivery; not enough help or experienced personnel; lack of promptness in addressing concerns. Ask around and speak to people who have moved recently. Fellow employees, neighbours and relocation agents can be a credible source for a competent and trust worthy moving company.