Rates, land tax and the settlement adjustment, decoded
Days before settlement, a statement of adjustments arrives full of pro-rated rates, water, and land tax figures. Here's what each line means and how the numbers are worked out.
Plain-English process & timeline guides for Australian property buyers, from Unstated.
Days before settlement, a statement of adjustments arrives full of pro-rated rates, water, and land tax figures. Here's what each line means and how the numbers are worked out.
Buyer's remorse, a failed loan, a nasty surprise in the documents: there are a handful of legitimate ways out of a Victorian contract of sale, and a point past which pulling out gets expensive. Here's the map.
A plain-English timeline of buying property in Victoria, from making an offer to settlement day and beyond. Auction vs private treaty, cooling off, the gap before settlement, the final inspection, and what to do if something goes wrong.
In a private treaty sale, the negotiation between buyer and vendor happens through the agent. Here's what that process actually looks like and how to approach it.
Settlement completes the contract, but it doesn't always mean the end of issues. Here's what your options are if you discover a problem with the property after you've moved in.
Once you've signed the contract and the cooling-off period has passed, there's typically a 60-day wait until settlement. Here's what actually happens during that time.
Before settlement in Victoria, you're entitled to inspect the property. Here's what to look for, what you can do if something is wrong, and why you shouldn't refuse to settle.
Auctions are intimidating because nobody explains the choreography. Here's a walkthrough of what happens from the moment you arrive to the moment a property is sold or passed in.
Your conveyancer is the most important person you hire when buying a property. Here's exactly what they do at each stage, and what falls outside their scope.
Settlement is the day the property officially becomes yours. Here's what actually happens, who's involved, and what to do (and not do) on the day.
Victoria gives most buyers a three-business-day cooling-off period after signing a contract. Here's how it works, when it applies, and the penalties for using it.