Securing and Purchasing a Positive Income Property

LATEST UPDATE ON OUR PROCESS

As of Effective April 1, 2021

SUBJECT: Expression of Interest (EOI) Paperwork

In the current environment, the following is required to hold a lot, as developers have too many buyers in the market.

​Please be guided accordingly.

HOW TO SECURE A PROPERTY

  1. Expression Of Interest (EOI) form must be completed in full and proof of bank transfer of funds
  2. Finance Pre-Approval or a letter from their finance broker advising the client has the capacity to obtain finance.
  3. Photo Identification.
  4. Deposit receipt for developer’s land deposit.
  5. Land contract is to be signed and returned within 4 days or the land will go back on the market.

HOW TO PURCHASE A POSITIVE INCOME PROPERTY

  1. Fixed Price – Turn-key contract:
  2. Two contract purchase – Land contract plus HIA Building contract.
  3. Expression of Interest (EOI) to hold – $1000 to $5000 fully refundable holding deposit.
  4. 21 days for finance approval
  5. 5% deposit paid on unconditional for Building Contract – progressive drawdowns on the building contract.

Note: Our properties are subject to availability due to heightened demand.

For Questions and Client concerns please email or call our Sales and Client Care Team at sales@positiveincome.com.au phone number: 07 5408 4151 Mondays to Fridays 9am to 5pm.

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