Get an understand about the house buying process, know the common pitfalls and be informed about due diligence and the use of clauses to protect your interests when making an offer.


House Buying Process — Be confident when making an offer

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Klauster Properties Limited  (KPL)

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Buying an stand-alone house or apartment


As buyer, you want to make sure to get what you are bargaining for. On the opposite as seller you want to get the best possible price. Both groups of people sometimes forget that a real good deal must have two satisfied parties.


In fact losing or winning depends on the service providers, which you as client (seller or buyer) have engaged. As client you deal with financial institutions, lawyers, accountants, building inspectors, local services (councils), and with the buyer’s or seller’s agent. If you trust these people like your friends and accept  bad services, you could lose  (leaking homes are one example). Don’t be foolish by being focused on price only.



Understand the house buying process


To challenge your opinion we have opened a series of blog posts about the buying process, due diligence, purchase price negotiation etc. Especially what home buyers get commonly wrong, working out a home buying strategy. Few more examples:


· Due Diligence - How to avoid buying a lemon? 


· Financial Due Diligence - How to avoid costs for re-financing or a mortgagee-sale?


· House Buying Process – How to prepare and make an offer? 


· Due diligence on apartments—avoid pitfalls by dealing with Body Corporate



You can’t expect in life that everything goes to plan. Buying a house is not different and it is  incredibly exciting but can also be very nerve-racking. Each deal has its specific and the due diligence (DD) is the tool to figure out whether the property is worth buying or not.




Buying an apartment is a different cup of tea when dealing with the Body Corporate. Note we have released series of related articles, examples:


· Apartments – Safe Haven for First-Home Buyers?


· How much does a Body Corporate cost you?


· Body Corporate AGM - Your chance to minimize expenses or loss?


· What has changed for apartment owners?

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