Warning: If you are going to auction, you will need to do all your due diligence before you bid at auction. It’s a bit like playing poker, if you put your hand up and bid, and you win, you will be unconditionally obliged to purchase the property. You cannot bid subject to any conditions.
Further information can be found here. In short, your options are
Option 1: Use a due diligence clause. For beginners, this is the best place to start.
Option 2: Use the finance, building report, LIM report, and meth report conditions. If you have made an offer before, you may want to use fewer conditions to make your offer more appealing
Please go to the next two pages to understand Stage 1 and Stage 2
Stage 1 - Before you submit the offer is on page 1 (next page).
Stage 2 - Your offer has been accepted on page 2* (final page).
*If you’re buying via auction or submitting an unconditional offer, you will need to complete Stages 1 and 2 before you submit your offer.
