Murray Bridge Conveyancing

Murray Bridge Conveyancing Conveyancing in Murray Bridge South Australia

13/09/2023

At only $865 per transfer, it's a
No-Brainer.
Call us today.
0448 772 002.

STAMP DUTY EXEMPTIONS FOR THOSE AFFECTED BY FLOODS...People whose principal place of residence was affected by the recen...
06/09/2023

STAMP DUTY EXEMPTIONS FOR THOSE AFFECTED BY FLOODS...
People whose principal place of residence was affected by the recent flooding of the Murray River are be eligible for stamp duty and registration fee exemptions when buying another house.
If this is you, talk to your conveyancer (which hopefully will be us) about the new flood relief program recently announced by the Registrar General.
You will need to provide proof that your home was flooded in the form of insurance documentation or police reports.
To find out more, contact MBC.

30/05/2023

PROPERTY SELLERS BEWARE...

MBC has encountered unethical, unscrupulous buyers who do not comply with land contract terms and go AWOL when it's time to settle.

One interstate buyer from Melbourne, VIC had one vendor on the hook only to let them go when it came to completing settlement as per their legal obligation to the contract.

The scam was just too easy for this buyer. He made sure that when it came time to pay the deposit, it was not paid. He then went on to disregard his obligations under the contract when it became unconditional.

This was done for 2 reasons:
1. A contract is not legally binding until consideration (money) is exchanged. In the case of a contract for property, the consideration is the deposit, payable immediately after cooling off expires. If not paid, there is no contract.

2. If a purchaser defaults under a contract for property, they face numerous penalties, including loss of the deposit to the seller.

So, by not paying a deposit, a bogus purchaser gets away with not completing the contract if the vendor does not enforce the contract through the courts.

Recently, we saw incidences where the deposit was not paid when due. We believe this was deliberate on the part of the purchaser to avoid penalty should they suddenly decide to back out of the sale.

It is the realtor's responsibility (as agent for the vendor) to ensure an invoice is issued and the deposit is paid on time and pursuant to the terms of the contract. Vendors should ensure their agent is keeping track of their contract with the purchaser. It is prudent to have a conveyancer on board to monitor contract terms and conditions to ensure they are being met for the vendor.

The deposit is arguably the most important aspect of a contract of sale. Without it, there is no contract under Australian law. In our experience, the unethical buyer will not hesitate to exploit this element of contract law costing sellers time and money, not to mention a great deal of stress.

BUYERS BEWARE:MBC has become aware of incidences where unsalable houses are being listed at exorbitant prices in a bid t...
29/05/2023

BUYERS BEWARE:
MBC has become aware of incidences where unsalable houses are being listed at exorbitant prices in a bid to take advantage of desperate home buyers.
Houses which are structurally unsound, asbestos-ridden and downright nasty would normally sell for land value. But in the current market, sellers are taking advantage of despairing buyers who have been excluded from the market for up to 2 years, unable to compete with cash investors.
Homeless older citizens, living in cars and/or couch surfing, are the most vulnerable as they are unable to get a look-in or keep up with the speed at which homes are flying off the market.
So it's low-hanging fruit for the people who are in most need of shelter - if they can get a bite of the cherry.
Advice: Do get a building and pest inspection and make sure this is included in your contract as a special condition. A building inspection report will alert you to the problems which are not visible to the eye. And right now, buyers would rather buy blind than be homeless. Don't get swept up. Do your due diligence. There are sharks out there just waiting for an innocent buyer to be the bait.
FREE SERVICE TO PENSIONERS looking to buy a house - Call MBC and ask about our free service to help you navigate the buying process and protect your rights to ensure you don't buy a derelict house.

BRAVO 👏 Now that's progress for the Private Sales movement. This property was advertised on Facebook Marketplace as a Pr...
25/04/2023

BRAVO 👏 Now that's progress for the Private Sales movement. This property was advertised on Facebook Marketplace as a Private Sale near Salisbury SA. It is now under offer! What's the real estate commission on $580k? 🤔 At least 16-22k. Costs for a conveyancer to draft contract and Form 1 plus settlement? We think around 2k. Private Sale vs Agent? You do the math. MBC are the Private Sale Specialists. Talk to us before listing with an agent 😊

25/04/2023

Thank you to everyone who has like our page. We appreciate you.

24/04/2023

A good opportunity for frustrated purchasers.

24/04/2023

PRIVATE HOUSE SALE in Murray Bridge. River views; 790sqm; 2 bedrooms. Asking $365k.
Call 0448 772 002 if interested.

INTEREST RATES - NO PAUSE TO PAINIt may have paused rate rises, but the Reserve Bank now reports the consequences of 6 c...
07/04/2023

INTEREST RATES - NO PAUSE TO PAIN

It may have paused rate rises, but the Reserve Bank now reports the consequences of 6 consecutive hikes as if they didn't cause the problem to begin with!

The Australian today reports the following:

"The Reserve Bank has warned four in ten households have less than a three-month buffer in mortgage repayments, and a small group of borrowers with low savings and a high level of debt could fail to meet their repayments."

Of course it's the poorer who are most affected. Why state the obvious as though they didn't know what would happen? Is it an an attempt to save face by feigning concern? We are appalled 🤬

HOW TO MAKE AN EFFECTIVE EXPRESSION OF INTEREST.If you are uncertain about how to respond to invites of expressions of i...
05/04/2023

HOW TO MAKE AN EFFECTIVE EXPRESSION OF INTEREST.
If you are uncertain about how to respond to invites of expressions of interest on property for sale, we can help. Agents using this sales technique are really creating a competition between desperate buyers caught in a property market boom. They field offers that get higher and higher as they roll in.
To avoid paying too much, it is important to know what the property is REALLY worth so you can make a competitive AND realistic offer.
To help with this, MBC offers buyers property valuations for just $50. This is an official market valuation used by agents themselves to gauge a price range for a property before listing. This informative document gives you a comprehensive list of comparable sold properties in the area, as well as a statistical analysis of recent property market data.
All of this information will help you make an Expression of Interest backed by accurate data. Come in and see us or make an appointment by calling 0448772002.

09/03/2023

Negotiated a lower interest rate with my bank today over the phone. Stoked!

Another interest rate hike today. Hang in there! The peak isn't too far away! And remember, you have choices. We recomme...
08/03/2023

Another interest rate hike today. Hang in there! The peak isn't too far away! And remember, you have choices. We recommend shopping around for the best deal.

Address

49B Bridge Street
Murray Bridge, SA
5253

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Website

Alerts

Be the first to know and let us send you an email when Murray Bridge Conveyancing posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category