By AICWA member Goldfields Settlements Often, we receive phone calls that go something like: “We’ve found a house but we don’t know if: a crack in a wall/the watermarks on the ceiling/the bouncy floor/etc/etc are a problem” The first point is to reiterate the comments in our previous blogs “Whoever owns the property owns the […]
By Houspect, proud partner of the AICWA and respected WA Building Inspectors. Major Structural Defects – What to do when the REIWA Pre Purchase Building Inspection Annexure has been used 1. BACKGROUND In WA Pre Purchase Building Inspections on residential properties are generally undertaken as a result of a REIWA Purchase Contract where the Standard […]
By Justine Gavranich AICWA member and licensee at Mosaic Settlements Illegal building, encompassing unapproved additions or modifications to a property, presents significant financial and legal risks to potential property buyers in Perth. Roughly 30% of building assessments in Perth uncover various forms of illegal construction, underscoring its prevalence in the local real estate market. To […]
By Vicki Philipoff, AICWA member and Managing Director at Vicki Philipoff Settlements Purchasing a vacant land lot represents an exciting opportunity to custom-build your own dream home to suit your taste and specific needs. You may opt to develop the land for an investment property or start a new business venture the possibilities are endless. […]
By Katherine Hanson, AICWA member and licensee at Hanson Property Settlements. An outstanding settlement agency is essential for a smooth and successful property transaction. Here are a few things that you should look for: EXPERIENCE – Your settlement agent needs to have a thorough understanding of the conveyancing process, legal requirements, and potential issues that […]
By Peter Fletcher AICWA member at Rezzi OVERVIEW In Western Australia, a strata scheme is defined as a subdivision of a piece of land that allows one large freehold lot to be divided up into many smaller lots. Lots can be individual units, apartments, townhouses, or houses. There are different types of strata. Each has different rights, […]
By Sharon Stenhouse, AICWA member and licensee at Stenhouse Settlement Services You can imagine the situation: you buy a house, get your keys, and move all of your things in only to find that the air conditioning is faulty, a toilet doesn’t flush, or there is a leak below the kitchen sink. Your dream […]
By Paul Browning, AICWA member and licensee at Goldfields Settlements Often we are confronted by clients who either don’t want to proceed with a property purchase or sale, want to change the terms of the deal, or want the other party to do something the contract doesn’t require them to do. It’s at this point […]
They say you can’t take it with you when you die, but how about when you move? Some say that if it ain’t nailed down it’s yours to take, but is this true? What’s the general rule on what you can and can’t take? Section 9 of the REIWA Joint from of General Conditions talks […]
Ever wondered why there are so many differing opinions on what your property is worth? This mystery can best be explained in a short little story that goes a little like this… A real estate agent, a banker and a valuer walk into a bar…The bartender, having served a few agents in his time, instantly […]
