Purchasing a property is an exciting time in a person's life and generally is the single biggest expenditure someone will make.  To assist the consumer a range of property professionals are on hand to help, including real estate agents, valuers, finance brokers and settlement agents.

While many buyers go immediately to a real estate agent a prudent buyer will contact a settlement agent first.  Remember a real estate agent is selling the property, he/she works for the seller.  By contacting a settlement agent prior to entering into a contact to purchase a property you can acquire valuable information to assist you with your purchase.  There is no cooling off period in WA, so once you have entered into an agreement to purchase a property it is binding.

 

A settlement agent can provide information about a number of topics, including:

• A first home owners grant;

• different types of property ownership;

• what it means to purchase a strata titled property;

• deposit guarantees;

• special conditions on the contract; and

• many other important topics.