Hi .. a newbie investor to Oz looking at the differences between home (NZ) and here (NSW). Now looking at buying in QLD and am confused at diffs between states!
At home we would need "subject to finance" as a clause if finance not 100% pre-approved .. also there's a common "buy yourself more time" clause such as "subject to solicitor's approval" .. I think the latter is unnecessary here because of the cooling-off period .. but "subject to satisfactory builder's report" would be another option for an older home and definitely not implied in a purchase agreement.
Can someone advise or point me in the right direction for more info?
Thanks!
At home we would need "subject to finance" as a clause if finance not 100% pre-approved .. also there's a common "buy yourself more time" clause such as "subject to solicitor's approval" .. I think the latter is unnecessary here because of the cooling-off period .. but "subject to satisfactory builder's report" would be another option for an older home and definitely not implied in a purchase agreement.
Can someone advise or point me in the right direction for more info?
Thanks!