Purchasing a Property and Final Inspections!
It is a common misconception and a large unknown to many purchasers that prior to settling a property you are entitled to conduct a final inspection!
If you are approaching your settlement date, it is strongly encouraged that contact is made with the selling agent and a final inspection is arranged on your behalf.
Abolishing Stamp Duty for First Home Buyers
As of 1 July 2017, there will be no stamp duty payable for new or existing properties purchased by first home buyers (FHB) for properties under $600,000.00. There will be concession or discount applicable to purchases between $600,000.00-$750,000.00.
This allows FHB to use more of their savings towards their new home. It could be a saving of up to $15,000.00.