January 2010

Preparing a Contract for Sale of Land

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Preparing a Contract for Sale of Land is generally the first step in selling your property and the conveyancing process.

The Contract for Sale of Land is the legal document at the heart of your property transaction. It contains the terms and condition of the sale including such vital information as your property details, the agreed purchase price, and the duration of the contract (ie, when the transaction must settlement). The contract must also include a variety of other documents required by law that relate to your property and its title.

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Perceived Rent Increase Attracts Property Investors

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In the recent media, there has been speculation that rents are likely to increase in 2010 after experiencing a period of little growth during 2009.

The property sector enjoyed a flurry of activity with First Home Buyers in the 6 months to 30 June 2009. It was common to see the price of sub-$500k properties pushed up due to the combination of increased demand and government incentives in the form of First Home Owners Grant and First Home Plus in New South Wales.

In many cases, the purchase price (above what was expected as the market price) for First Home Buyers was well above the financial benefits of the incentives that they received. Even though some of the urgency in that segment of the property market has since died down, perhaps encouraged by the Australian Property Monitor’s report property investors will return to the market despite past and possible future interest rate hikes.

Sydney’s western and north-western suburbs have enjoyed substantial housing stock and population growth over the last decade. Leading into the new decade, that growth is likely to continue with a focus around Parramatta, the geographic centre of Sydney. With our offices conveniently located in the centre of the Parramatta CBD, Phang Legal is well placed to service the growing population of Sydney and are able to provide our clients with easy access to various legal services and conveyancing services.

For more information regarding our conveyancing services, or our current offers on reduced professional fees, contact our office on 02 9687 8885 or complete the Quick Enquiry form below.

2010 – A Conveyancing Odyssey

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In 2010, we will continue to offer our reduced professional fee on conveyancing services for First Home Buyers and existing clients/referrals. New clients from all sources will also be able to enjoy the reduced professional fee on conveyancing services, which we offer at no expense to service or satisfaction.

We provide quality legal services focused on winning repeat instructions and referrals. Our practice and existing client base was built on multiple referrals from happy and satisfied clients to other happy and satisfied clients over the years. Our aim is to continue achieving the same success in repeat referrals in 2010 and beyond.

Our office is conveniently located in the heart of the Parramatta CBD, and is easily accessible by public and private transport. As our client, you can enjoy free parking on our premises to avoid the hassles of finding street or off-street parking. Parramatta City Council introduced paid street parking over a year ago, and it is constantly enforced.

For enquiries regarding our reduced professional fee or conveyancing services, please contact our office on 02 9687 8885 or complete the Quick Enquiry form below.

Our office reopens for the year on 4 January 2010.