PURCHASE PROCEDURES
Australia
Detailed Property Purchase Process in Australia
1
Selecting a Property
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Buyers can choose their desired property through our website or agents.
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Once a preferred property is identified, buyers need to pay a reservation fee to hold the property, which will be refunded later in the process.
2
Signing the Contract
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Buyers should carefully read and confirm the contents of the purchase agreement, including property details, price, and other terms.
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After verifying the details, buyers sign the contract, and the agreement becomes official.
3
Paying the Deposit
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After signing the contract, buyers must pay a 10% deposit within the specified period.
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The deposit will be held in a solicitor's trust account to ensure the safety of the funds.
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The remaining balance of the purchase price will be paid upon settlement.
4
Loan Application
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If buyers need to apply for a mortgage, we recommend preparing the relevant loan documents 3 to 6 months before settlement.
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Our team will assist buyers in contacting suitable loan agents or banks to ensure a smooth loan application process.
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Typically, the loan application will require proof of income, credit rating reports, and other relevant documents.
5
Completion of Transaction
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On the settlement date, the bank will disburse the loan, and buyers will pay the remaining balance of the purchase price.
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After all payments are completed, the property is officially transferred to the buyer, completing the transaction.
6
Comprehensive Service
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Alison Wong offers comprehensive after-sales services, including property management and inspection services.
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Property management services cover property maintenance, rental management, and other related services to maximise the value of the buyer's property.
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Inspection services will be conducted by professionals to ensure the property meets standards and to identify and resolve potential issues promptly.
