Download our Checklist
- The purpose of this document is to help you get in a position to make an offer or attend an auction.
- Work through the stages and update the status column as you complete each task.
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.
How to Choose the Best Conditions for You When Buying Residential Property
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
Understanding the Two Stages
The downloadable checklist covers both stages.
Stage 1 - Before you submit the offer.
Stage 2 - Your offer has been accepted.
*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.
