|
The
80/20 principle
When
to buy: the Buying Zone
Where
to buy: drilling down to suburb level
-Birds-eye
view
-Local
information
-Agents
What
to buy:
-Appropriate
for the area
-Goldilocks
principle
-Future
demand
-Desirable
features
How
much to pay: recent sales
|
Online
inspections
The
four key questions
Open
inspections
After
the inspection
|
Types:
-Professional
-Agent
-Automated
-DIY: summation,
comparison, capitalisation methods
-Valuer-General
Last sales price
Pre-purchase vs
lender valuation
|
Buying
strategies
Privates
treaty sales
-Offer
-Negotiating
tactics
-Psychology
of negotiations
Auctions
-Pre-auction
offers
-Bidding
tactics
|
Holding
deposit
Exchange
of contracts
Conveyancing
-Contracts
-Building
inspections
-Pest
inspections
-Unconditional
loan approval
-Balance
of 10 per cent deposit
Settlement
|
