Committed to Your Needs
Harcourts Sheppard Property have
been helping people to buy and sell Adelaide real estate for well over a
decade. We are committed to helping you turn your property dreams into
When you come to Harcourts Sheppard Property in search of your perfect
property, you will meet with one of our team members who will guide you
through the process of buying a house. Your Harcourts Sheppard Property
agent will give you advice on property values, investment potential,
finance options and legal requirements.
It is all part of the extra-effort service. And best of all, it’s all
entirely free of obligation.
Your Wish List
Facts that help us in finding you the right property include:
- Price range
- Number of bedrooms
- Style of home
- Proximity to childcare/primary and secondary schools
- Garden size
- Drive on access/garaging
- Special requirements e.g. no stairs
It is important that you establish most important features you want in a property and will not compromise on. They may include:
- A separate office/study
- Northerly aspect
- Garaging or mooring for a boat
- Low maintenance grounds
These requirements are unique to each buyer. Also give some thought to features you most definitely do not want in a property.
inspecting a property takes time. We recommend you do not rush or
disregard any particular property too quickly. As the old saying goes
"Try not to judge a book by its cover" this too applies to property.
Some properties have little or no street appeal, but have much to offer
inside. An inspection will either confirm your first impression or will
pleasantly surprise you.
When you find a property that interests you, let your Harcourts
Sheppard Property consultant know straight away. They can discuss the
situation with the selling agent and help you in trying to secure that
property for you at a reasonable price and if you choose, they can even
negotiate the sale on your behalf. This is another obligation and free
service that Harcourts Sheppard Property offers.
Making An OfferWhen
you are ready to make an offer on a property, the process can vary from
agency to agency however it is a legal requirement that the offer is
made in writing.
At Harcourts Sheppard Property we have two options
for prospective buyers to write up their offer in writing. The first is
by completing a Letter of Offer Form (available to download on this
website or hard copies are available via your HSP consultant) and
secondly you can choose to write up your offer directly onto a contract.
Either options are acceptable as they clearly outline all the important
facets of an offer including:
- The amount you wish to offer
- Your proposed deposit
- Your preferred settlement date (this is the date you become the owner and get the keys)
- Your full name and contact details
- Any conditions of your offer (eg subject to finance approval)
the seller has received your offer they can either; accept your offer,
reject it or counter sign it. Counter signing usually occurs when the
seller is not satisfied with the price offered and/or conditions
included and subsequently alters them. The contract or offer form will
be brought back to you for your consideration. If you accept, you
initial the seller’s alterations and the property is under offer to you
subject to any conditions that the contract may contain. Once you have
offer and acceptance, if at this stage it is either verbal or via an
Offer Form the next step is to put the details onto a contract and both
parties sign the contract, making it binding on both parties. Other
documentation will follow including a Form 1 Vendors Statement
(sometimes referred too as "Cooling Off Document" and once all
documentation has been signed and served, then this is when your 2
business days cooling off period starts. If at any stage you are unclear
of what happens when, please do not hesitate to ask one of our HSP
Pay The Deposit
parties have signed the contract and your cooling off period has expired
you will be asked to pay a deposit. This isn't always 10% of the
purchase price. A deposit can be negotiated and there are different
options you may use, such as bank guarantee, cheque and EFT. Quite often
a large deposit can be appealing to a seller and can be helpful in
making your offer stand out from the crowd in a situation where multiple
buyers are making offers on the same property. We can refer you to
Pathway Mortgage & Finance who can assist you with this.
Once paid, this deposit is held in a Trust Account until settlement. If
the contract does not become unconditional the deposit will be refunded
to you. Please note that this information relates to a property
purchased via Private Treaty/For Sale. If you purchase a property at
auction, it is expected that you pay your deposit on the day of auction.
South Australia the property is at the purchasers risk from the moment
they sign a contract so it is very important to take out immediate
insurance cover the very same day you have your offer accepted on a
Harcourts Sheppard Property can arrange a 30 day
temporary cover to provide you with immediate, temporary insurance cover
and “peace of mind”. This service is complimentary and can save you
hours spent researching the many insurance providers on the market
Your Harcourts Sheppard Property consultant can provide you with more information.
Buying At Auction
at auction avoids the often prolonged waiting of the traditional
offer/counter-offer negotiation process and uncertainty of what another
buyer may be offering. During an auction bids for the property are
called in an open arena on a given day and time. If your bid is accepted
you’ll have the satisfaction of knowing you have purchased at true
An auction is an exciting environment where everything is out in
the open and transparent. You can see your competitors and have
confidence that others place similar value on the property as you.
Let your Harcourts Sheppard Property consultant know if you are
interested in an auction property so that they can give you advice if a
pre-auction offer is made and given the opportunity of submitting an
offer or bidding if the auction date is brought forward.
Completing the Purchase
Before settlement your
Solicitor/Conveyancer will undertake the necessary searches with respect
to the property and your financier will prepare the mortgage
On settlement your Solicitor/Conveyancer will exchange with the Seller's Solicitor/Conveyancer:
- Transfer documentation
- Keys to the property
the day of settlement your Solicitor/Conveyancer and financier will
register the necessary documentation and mortgage transfer with the
Land Titles Registry.
Possession of the property usually takes
place on the settlement day although the seller and buyer can agree for
these dates to be different. Conveyancing Matters
have worked with Harcourts Sheppard Property for 15 years and provide
exceptional service. Your Harcourts Sheppard Property consultant will
put you in touch.
For The Property Investor
in Real Estate long term can be one of the most secure and financially
rewarding investments you can make. We can make taking care of your
investment easy. HSP have been acknowledge as industry leaders by
winning the prestigious Real Estate Institute of SA Property Management
award and being finalists numerous times in the past 5 years.
understands that you want your investment property tenanted for the
best return possible and you want to relax with the knowledge that your
property is being looked after.
HSP, Property Management
consultants are industry specialists in the areas of appraising and
renting investment properties. They understand the growing residential
rental market and most importantly they understand the needs of property
investors. Simple actions we take are ensuring you have a depreciation
schedule to help minimise tax through Real Property Matters, specialists
in quantity surveying. When buying an investment property, whether it
be your 1st or 5th, your financial position should be assessed to make
sure you have the best financial facility for your personal position.
The finance landscape changes daily and our finance team at Pathway
Mortgage and Finance can help.
Trained Property Management
consultants are able to advise on how to attract the very best tenant
for your valuable asset, conduct regular property inspections, keep
abreast of rent increases, organise maintenance and repairs on your
behalf to protect your asset and most importantly send you regular
reports on all matters regarding your investment.