Do I need a conveyancer for an auction in Victoria?

Do I need a conveyancer for an auction in Victoria?
Short answer: Legally, no.There is no rule in Victoria that forces you to hire a conveyancer before you bid at auction.Practically, you really should.When you buy at auction in Victoria there is no cooling off period. Once your bid wins and the contracts are signed, the sale ... Read More

Due Diligence Meaning In Real Estate

Due Diligence Meaning In Real Estate
What Does "Due Diligence" Actually Mean?When people say 'do your due diligence', they're talking about a simple idea. It means taking reasonable steps to investigate a property before you're stuck with it. In real life, that's less about fancy reports and more about asking the right ques... Read More

Does unconditional mean sold?

Does unconditional mean sold?
You spot a 'sold' sticker slapped across a board on a quiet Brunswick street and wonder what that really means. A mate says the contract just went unconditional. Another insists it is not truly sold until settlement day. You can almost hear the tram rumble past as you weigh it up. Let's cut the n... Read More

What is a Stratum Title?

What is a Stratum Title
If you have been house hunting around St Kilda, Elwood or Hawthorn and spotted a listing that says 'stratum title', you are looking at an older style of ownership that still pops up across Melbourne. In simple terms, a stratum title usually gives you two things at once: ownership of your individu... Read More