What is a Shortfall Account?

what is a short fall account
When purchasing property in Melbourne, understanding the financial intricacies is crucial for home buyers. One key aspect that often goes unnoticed is the concept of a shortfall account or facility. This blog aims to demystify shortfall accounts, shedding light on their significance in the proper... Read More

Penalty Interest for Late Settlement

Penalty Interest for Late Settlement
You’ve packed the boxes, organised the cleaners, and mentally moved into the new place. Then your conveyancer rings and says settlement isn’t happening today.If you’ve been through a Melbourne property deal,... Read More

Vendor Terms Contract Victoria

Vendor Terms Contract Victoria
You'll see it pop up in conversations, usually when the market feels tight: 'Vendor terms available'. Sometimes it's a genuine lifeline for a buyer who can't get a bank loan yet. Other times it's a fancy way of saying, 'The vendor's set the rules, take it or leave it'.In Victoria, those tw... Read More