Buying Tips

At Amber Werchon Property, our aim is to help you find the perfect property to match your tastes, budget and lifestyle. Even if we don’t have it listed right now, we’ll do our best to find your dream home! Along the way, we’ll keep you informed of all new listings, price reductions, open homes and upcoming auctions with our e-newsletters, as well as property updates based on your specific requirements. Once you’ve found the right property, your Amber Werchon agent will help you submit your offer to the seller and then negotiate between the parties.


AS A GENERAL GUIDELINE, IT’S HELPFUL IN THE BUYING PROCESS IF THE FOLLOWING STEPS ARE FOLLOWED:

  • Obtain pre-approval of finance from your bank or lending institution when you start looking, so you know exactly how much you can spend and are ready to act when the right property comes up. An AW Money finance broker can help you find the best deal;
  • Ensure you have access to an adequate cash deposit or deposit bond to fulfil your contractual obligations, generally 5% -10% of the purchase price;
  • Think carefully about your ideal settlement date;
  • Once the contract is signed by both parties, you will need to do the following:
  • Arrange a cover note for insurance – in Queensland, the buyer is responsible for insurance by 5pm on the next business day after the contracts are fully signed;
  • Pay the initial or full deposit in accordance with the contract;
  • Arrange a building and pest inspection if required;
  • Confirm final approval for finance with your broker or if you’re not using a broker, directly with your lender.

If you’re purchasing the property as an investment, talk to the Amber Werchon property management team about looking after your asset. We’ll help you discover how to maximise your rental income and also find the very best tenant for your property. Your agent, solicitor and finance broker will assist you with any questions or concerns throughout the process. Once settlement occurs, you’ll be given the keys to move in!