What it actually costs
The bottom line
Budget for the reports and fees before settlement, not just the deposit.
The deposit is the big number, but it is not the only one. Before settlement you will pay for a LIM, a building report, legal fees, title searches, insurance and a few small registration charges. Some of that money is spent on properties you end up not buying.
Our legal fee is fixed and quoted up front. The calculator in this lesson puts every other cost next to it so you can see the whole cash picture in one place.
Check yourself
Which costs are usually paid before you know if the deal will go ahead?
The LIM and the building report.
Is the HouseMe Legal fee fixed or hourly?
Fixed, quoted at the start.
Name one adjustment that appears on the settlement statement.
Rates (or insurance, or body corporate levies).
Talk it through
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