The Star: September 21, 2017

The Star Latest Christchurch news at www.star.kiwi
Thursday September 21 2017 45
Open Homes
Come to an open
home or make a
time to view.
Cashmere: 75 Valley Road
Brand new: Stunning views. 4 bdrms, 2
bthrms, superior fixtures & fittings. Single
garage & off street parking for 2 cars.
Must Be Sold. Enquiry over $850,000.
Ref: RMI10507
Sunday 12 – 12.30pm
Linwood: 1a Clive Street
Affordable, Sizable & Practical: Just the
ticket for first home buyers. 3 big bdrms,
large living, modern kitchen. New ceiling
insulation, carpet, gas hot water, wet
shower. Secure outdoor living. Off street
parking. With owners looking for offers
under $330,000 this is great value for
money. Ref: RMI10514
Sunday 1 – 1.30pm
SECTIONS FOR SALE
(ready to build on):
Aidanfield: 40 Aidanfield Drive
777m2. $339,500. Next door to Aidanfield
Christian School. Ref: RMI10525
Marshlands: 9 Queenswood Gardens
2,000m2, rear section, $399,000, exclusive
Kingsgate subdivision. Ref: RMI10524
Wigram Skies: 154 The Runway
652m2, $299,500. One of the last
available in this location. Available again,
collapsed sale. Ref: RMI10526
More
properties
needed for
sale now!
Call Trish now for
a free appraisal.
Trish Lawrence
ph 0800 874 745
Initial Realty Ltd
Licensed Agent REAA 2008
Appears every week in
Trish donates
to Camp Quality
Home
& Property
Home & Property appears
every Thursday, delivered FREE
throughout Christchurch
For more information
and bookings, contact
Mike Fulham
M: 021 300 567
E: mike@starmedia.kiwi
Getting what you paid
for on settlement day
In the movies, the day someone gets
the keys to their newly bought home is
portrayed as a golden, stress-free time. The
reality can be rather different, especially
if you find your dream home has turned
into something akin to Nightmare On
Elm Street since you agreed to buy it.
“The trick to a stress-free settlement
is to do as much as you can in advance,
starting with when you’re signing the sale
and purchase agreement,” advises Kevin
Lampen-Smith, chief executive of the Real
Estate Agents Authority (REAA).
“The sale and purchase agreement is the
legally-binding contract agreed between
you and the seller that details the property,
the conditions of sale and the price.
Make sure that there is an agreed list of
chattels, with notes as to their condition,
in this agreement. If the property is full of
rubbish, and you want it gone before you
take possession, make that a condition
of the sale. If there are holes in the fence
that the seller has promised to fix, get that
in writing on the agreement: don’t rely
on verbal assurances that something will
be done prior to settlement. It’s far better
to get all these niggly details sorted out
before you sign the agreement than face
protracted battles down the track.”
As a buyer, you are generally entitled to
one opportunity to inspect the property
before settlement day. If the property has
sitting tenants, ask your lawyer to ensure
there is a ‘final inspection’ clause inserted
in the sale and purchase agreement before
you sign it. This inspection is to make sure
that it is in the same or better order it was
when you viewed it and agreed to the sale.
It is not designed to give you the chance
to uncover new defects, or to give a rental
agent the chance to appraise the place’s
value.
“A seller does not have to accommodate
any extra requests to visit the property
prior to settlement,” Lampen-Smith says.
“Remember that the seller may have
a lot on their plate; making the property
available so your interior decorator can
measure up for new curtains is unlikely to
be a high priority.”
Your real estate agent will usually
arrange the inspection with the seller,
and accompany you to the property. Most
experts recommend that this inspection
takes place around 24 hours before
settlement day so there are no hold-ups to
the transfer of funds and ownership.
When you come to inspect the property,
everything should be as it was when you
decided to purchase it (as reflected by the
sale and purchase agreement). Lampen-
Smith says you can expect chattels to be
in a reasonable working order unless it has
been agreed and documented otherwise.
You cannot complain to the seller that the
oven isn’t clean enough, but you can raise a
complaint if it is missing, or it is a different
model to the one cited in the agreement.
Don’t forget to check that garage door
openers and pool covers are in situ, or that
locks work properly.
If there is a problem, the REAA says
you should speak to the real estate agent
and your lawyer in the first instance. Your
lawyer should work with the seller’s lawyer
to reach a satisfactory solution, such as
getting the seller to make any necessary
repairs, or to deduct any costs from the
eventual settlement.
Making the final inspection 24 hours
before settlement is due gives you and the
seller time to reach an agreement over
anything outstanding.
“Like any property transaction, success
often depends on doing things right at the
start,” Lampen-Smith says.
“Get the details right at the beginning
and you’ve got a greater chance of a happy
ending.”
For independent advice on buying
or selling property, check out
www.reaa.govt.nz.
Your
Earthquake
damaged
home!
Talk to us if you are serious about
selling your “As is Where is” home.
We have sold over
150 “As is Where is”
homes and we have
a huge database of
qualified buyers.
Phil & Holly Jones
Ph 03-382-2230
Phil 027 435 7711
Holly 027 222 0220
holly.jones@raywhite.com
Licensed (REAA 2008) Results Realty Ltd
We have achieved
record breaking
prices recently!
www.firsthomes.nz
chchsales@firsthomes.nz
021 575 545
3 Bed, 2 Bathroom
Double Garage
$285,000
Christchurch
The Star has some
fantastic cost-effective
packages available for
people selling their
property themselves.
Visit our Facebook
page to download
our E Brochure
your
Selling property
privately?
HALSWELL
Front Unit
2 Dble Bedrooms
For more information:
Mike Fulham
P 364 7406
E mike@christchurchstar.co.nz
Make sure there is a legally-binding contract agreed between you
and the seller that details the property, the conditions of sale and
the price, as well as a list of chattels with notes as to their condition.
From only $63+GST you
can have your property
profiled with a photo!
CONTACT:
Vicky Sayers
P 364 7419
E vicky.sayers@
starmedia.kiwi
This is a secure front
property, permanent
materials, across
from Halswell School,
close to buses, library,
healthcare and shops,
in a great location 15
minutes from central
Christchurch
Contact Brian Davidson
(03) 322 8739 or
021 0293 6712
8809397AA
NEW LISTINGS
Oamaru
FIRST HOME BUYER ALERT!
Price: SBD BEO $199,000
Web: FSAGF3
3 1 2
IDEAL FOR INVESTMENT OR RETIREMENT FULL OF SURPRISES
CENTRAL, SUNNY AND SEA VIEWS!
SEASCAPE ON TEES: VIEWS & LOCATION!
Price: SBD BEO $232,000
Price: SBD BEO $239,000
Price: SBD BEO $252,000
Price: SBD BEO $379,000
Web: GHNGF3 2 1 1 Web: GHSGF3 3 1 3 Web: GHUGF3 2 1 1 Web: GHHGF3 3 1 -
Check out all our listings at www.oamaru.ljhooker.co.nz | Deal with the Best: LJ Hooker Oamaru - The Most Productive Team in NZ *
SBD BEO = ‘Sale By Deadline Buyer Enquiry Over’
*
LJ Hooker Harveys Group, based on number of transactions
Call Oamaru’s No. 1 Team For Listing & Selling - Ph (03) 434 9014
Robertson Real Estate Ltd MREINZ - Licensed Real Estate Agent REAA 2008