Purchasing Off The Plan - Your Step-by-Step Guide

Purchasing Off The Plan Your Step-by-Step Guide

THE ADVANTAGES

Secure pre-construction and/or pre-completion pricing.

Low initial outlay (10% deposit) allowing more time to plan financially.

Potential capital growth on your asset as property prices rise.

Open your options for a choice of layout and views.

More time to prepare for your move.

Acquire a brand new property, which can greatly maximise returns for investors.

Lower maintenance costs.

OUR PROCESS

STEP ONE: Project Discovery STEP TWO: Securing Your New Property STEP THREE: The Contract Process STEP FOUR: Going Unconditional STEP FIVE: Post Purchase Experience

STEP ONE: PROJECT DISCOVERY

Project Discovery STEP ONE

Following your initial enquiry, our sales team will be in contact to ensure we understand your wants and needs for your future home.

An appointment will be scheduled to meet with you. For those who can't make it in person, we can hold a virtual sales presentation or a phone call.

STEP ONE: PROJECT DISCOVERY

Your appointment will be held and you will discover more about the project, you can expect this to take anywhere from 1 - 2 hours. This is your opportunity to ask all of the ins and outs of the project to make sure it is exactly what you are looking for.

There may be some things that you don't think to ask about that we will inform you of prior to your appointment. This is to ensure that you don't leave with any questions unanswered.

Note: Sometimes you may wish to have multiple appointments or phone calls which is fine, every discovery process is different and we are here to help with this.

STEP TWO: SECURING YOUR NEW PROPERTY

Securing Your New Property STEP TWO

Should you wish to purchase, you will be given an Expression of Interest (EOI) form to complete and return along with a $5,000 deposit to hold your property.

To ensure your property is held, we ask that you return your EOI within 48 hours.

Once we receive your EOI, ID and deposit receipt, our solicitors will prepare your contract for review.

STEP THREE: THE CONTRACT PROCESS

The Contract Process STEP THREE

Your solicitor will be provided with your contract to review and be requested to have it returned (by your solicitor) within 7 days of receipt.

Once approved by all parties, our solicitor will issue the contract via an electronic signing program called

Once issued via DocuSign, the contract will follow a signing order which we ask is promptly executed within 24 hours of receipt.

Once signed by all parties, the executed contract will be distributed.

STEP FOUR: GOING UNCONDITIONAL

Going Unconditional STEP FOUR

Your contract is now "Conditional".

Your balance deposit is due within 14 days of the contract execution date. This is 10% of the contract price minus the initial $5,000 EOI deposit.

Once your balance deposit is paid your contract is now "Unconditional".

STEP FIVE: POST PURCHASE EXPERIENCE

Post Purchase Experience STEP FIVE

You will receive an official welcome email, a personal copy of our project brochure to share with your friends (or keep on your coffee table), and exclusive development information & monthly marketing collateral to help you stay up to date with all project process.

You will be invited to project events along the way to celebrate milestones and meet your new neighbours!

Prior to the settlement of your new home, you will commence our extensive presettlement experience to guide you through everything you need to know before enjoying your new property. We will be in touch to help you with this.

Summary

Buying off-the-plan is not as complicated as it sounds. Always remember, it is our job to make this process not only easy but more importantly, exciting.

We hope this has offered some insight into how we manage this process at SIERA. We have specifically tailored this to make our clients comfortable, with each step overseen by the SIERA team to ensure all moving parts come together to make the purchase of your new home and stress-free and enjoyable as possible.

Built for Generations

WWW.SIERAGROUP.COM.AU