The House

Current House - Outside

Current House - Inside 
Bedroom - Main

Bedroom - Two

Main Lounge Room

Hall Way

Bathroom

Kitchen - ahhhh

Purchase Price

The Sums?

You have to work out whether this project will work for you.

1. What are the demographics of the area?
2. What are past sales like in the area?
3. What is the capital growth rate?

All these points should help identify the purchase price range.

Open the discussion with the Real Estate Agent.

1. Remember they act for the Vendor, not for you!!
2. If you have done your home work you can offer what you think is a reasonable price.
3. The agent will likely be charging 2% on the sale price.
4. A quick sale helps them. 
5. As for 
• Reduced deposit - don't be afraid to offer a lower deposit - why have your money tied up
• Early access - this can be tricky and there are different sorts of early access.
• I prefer a quick settlement, that way it's your property, but there are different views on this subject area. 

Before Purchase Checks

Do you plan to Renovate and/or Subdivide ?

1. Check with your Architect to make sure the property has the room to be subdivided into multiple sites.
2. Check with the council are there any issues with the property, such as overlays, reserves, heritage conditions.
3. Check the title (it should be provided by the Real Estate agent)
4. Check with the water and sewerage supplier, 
1. What are the access points?
2. What is the drop (this is critical if you plan to subdivide)?
5. Power and Gas, hopefully this is not an issue with this site as it's in the centre of town.