Why is it that you should perform a title search??

03 Jul 2014

A number of reasons spring to mind:

* Ensuring that your property is correctly listed. Your property is a valuable investment. Ensuring that the torrens title search accurately lists your property, DP and Lot number is critical for when it comes time to sell, or to use any capital to secure further investment or loans. And discrepancy in the detail on the title can significantly delay processing times. Not only that it can cost you time and money too. Money such as hefty penalty fees and time that is taken to sort out and get the property you do on correctly listed.

*Ensuring name/s on the title are correctly listed. Simple things such as incorrectly spelled names can cause very costly delays. It is vital to ensure that your documents that certify who you are (license, birth certificate, passport), accurately match what is written on your sale and title documents.

Delays can include a falling through on settlement of your property purchase, due to incorrect names or spelling. This can cost money in payments such as default interest payments, until the problem with correct spelling or names can be rectified.

Torrens Title Searches can be carried out via the NSW Land & Property Information - at http://www.lpi.nsw.gov.au/land_titles/public_registers/torrens_title_register

When looking for a property for my parents, I was introduced to Tony. After I described my requirements, he took the time to show me areas that fulfilled my requirements, and then specific locations, floor plans and similar new homes that he believed, based on my criteria, would be suitable. Thank you Tony.

- Mac
Maroubra

Tony and his team were willing to go the extra mile to show us properties in new and growing areas that would be suitable to include in our investment portfolio. Following our earlier success in securing a new build on land in the Newcastle region, we were keen to investigate other locations which would provide capital growth and good rental return with a low vacancy factor. His team thoroughly researched all those requirements and provided great options.

- Roger Smith
Tea Gardens

Tony and his team assisted us in buying a new off-the-plan home for investment purposes. We were given plenty of information on the location and trends in the area, and the types of properties that were popular with tenants. Tony has many trusted contacts in real estate and associated industries, and referred us to a quantity surveyor who has helped us claim a lot more depreciation than we thought we could, and to a great property manager that is making our life easy for us as landlords. It’s been a very successful relationship!