If you are buying at auction, the Contract is generally unconditional and any cooling off rights do not apply. You must have conducted all your due diligence before hand, including having us look over the vendor’s statement and you’re confident your finance is approved.

If you are buying by private sale, you generally have the benefit of the 3 day cooling off period from the date you sign the Contract. You also have the right to negotiate terms, including making the Contract subject to finance, subject to a building and pest inspection and / or the Contract subject to your conveyancer’s approval, (otherwise known as a ‘contract review‘). The actual wording of these clauses or “special conditions” is critical. So, please seek our advice beforehand to ensure your legal interests are best protected.