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| Thread ID: 63142 | 2005-10-31 00:00:00 | buying an apartment for the first time-help | lance4k (4644) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 400514 | 2005-10-31 00:00:00 | when u purchase an apartment, and u go to the bank and get the finance, then u sing the contract to purchase an apartment, do u pay the money to the seller, real estate agent or what? | lance4k (4644) | ||
| 400515 | 2005-10-31 00:03:00 | You do it all through your lawyer, if you don't have one then get one. Otherwise you are likely to be reamed. (in addition to the legal fees) |
godfather (25) | ||
| 400516 | 2005-10-31 00:14:00 | You do it all through your lawyer, if you don't have one then get one. Otherwise you are likely to be reamed. (in addition to the legal fees) So do i go to a lawyer, and say I'd like u to handle the buying of an apartment I'm going to buy, then whats the process? |
lance4k (4644) | ||
| 400517 | 2005-10-31 00:27:00 | Weren't you asking about signing up for the dole last week? Suggest you make a trip into your bank and discuss the probability of you getting a loan before you start racking up the lawyers bills...... |
Metla (12) | ||
| 400518 | 2005-10-31 00:31:00 | Go to Bank - Get Pre Approval (Some banks require 30-40% deposit for Apartments) Go to Lawyer - Setup an account/contact Go to Real Estate Agent (Describe what you want) See Apartments See many Apartments Evaluate $$$/Value/Price Be aware of additional costs like Body Corporate Fees (some are well over $5,000 p.a.) Consider carefully Make conditional offer - Bank Approval - Lawyer Approval (Gotchas in the contract) - Building inspection (Is it built right) - Satisfactory to you LIM Report (Council supplied) Most importantly tread carefully in case you get burned. |
KiwiTT_NZ (233) | ||
| 400519 | 2005-10-31 00:46:00 | KiwiTT is spot on as I see it. Except I would go to the Lawyer first, explain what you are doing. They will guide you and keep you somewhat safer. |
godfather (25) | ||
| 400520 | 2005-10-31 02:22:00 | err buying an apartment in Auckland (if thats where you are) may not be a good move at present... unless you want to lose money that is. | netchicken (4843) | ||
| 400521 | 2005-10-31 04:02:00 | err buying an apartment in Auckland (if thats where you are) may not be a good move at present... unless you want to lose money that is. I'll second that !!! Can't see from your profile where you are live ...but if in Auckland or thinking of buying here I would think veeeeeeerrry carefully. cheers Misty :groan: |
Misty (368) | ||
| 400522 | 2005-10-31 04:11:00 | All good replies so far........Yes get a lawyer...Also really check out the apartment you want to buy....things like workmanship, Fire escapes, the sort of people living in other apartments. (students, gang members) Does it come with a carpark or not. If there is a view will something else be built in front of your apartment. Noise levels from the street , Clubs, Bars etc............ |
wmoore (6009) | ||
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