You will:

1. Phone Foate & Co to explain the “buying property process” to you
2. Obtain a loan pre-approval from your lender
3. Find a suitable property
4. Request the selling agent to forward the contract of sale to Foate & Co for review
5. Negotiate the best possible price for the property
6. Once the offer is accepted, arrange for the following reports if applicable:

• Building report;
• Pest report;
• Strata inspection report.

We will:

1. Review the contract of sale
2. Negotiate with the vendor’s solicitor or conveyancer for any necessary amendments to the contract of sale
3. Make preliminary enquiries
4. We can also assist with arranging the pre-purchase inspection reports
5. Advise you so you can make an informed decision to proceed with the purchase

You will:

1. Sign the contract
2. Pay 10% deposit (or less if negotiated) to the selling agents trust account
3. Obtain your formal loan approval from your lender

We will:

1. Ensure that the contract is ready for exchange
2. Exchange the contracts with vendor’s solicitor or conveyancer

1. Contact your lender
2. Arrange for your mortgage documents to be sent to you
3. Sign your mortgage documents and return to your lender
4. Take out building insurance (not required for strata title)
5. Start organising your move including removalists and connection of services
6. Arrange a final inspection of the property prior to settlement with the selling agent

1. Order and check all property searches are satisfactory
2. Liaise with your lender in readiness for settlement
3. Ensure your lender is ready for settlement
4. Book settlement with your lender and the vendor’s solicitor or conveyancer
5. Prepare settlement figures
6. Advise you and your lender of cheque details/funds required for settlement

We will:

1. Attend settlement
2. Ensure that all title documents are in order
3. Pay the settlement funds to the vendor’s solicitor or conveyancer
4. Advise you and the selling agent that the settlement has taken place

You will:

1. Collect the keys and any remotes from the selling agent

We will:

1. Send a settlement letter to you
2. Retain your file for 7 years
3. Keep in contact with you