overview.
How you actually make an offer on a property. Dad walks me through the letter of offer line by line: the amount, the deposit, the conditions and the settlement date, plus how to talk to the agent without giving away your hand.
Dad — John Kefalianos, finance broker and property developer — has written plenty of offers. He takes me through the letter of offer line by line.
"An offer is a contract in waiting. Get the conditions right before you sign, because afterwards is too late."
John Kefalianos
what you'll learn.
- What goes in a letter of offer, field by field
- How to set a deposit and conditions that protect you
- Why the settlement date you pick actually matters
- How you'll know your offer is accepted, and what happens next
Prefer to read? Grab the free first home buyer guides.
part of: the buying process guide.
What the Bank Won't Tell You About LMI
Lenders Mortgage Insurance — the fee you pay so the bank feels safe, not you. The 5% Deposit Scheme, who actually qualifies, and what nobody mentions about the trade-off.
chapters.
Tap a chapter to jump the video to that point.
links Nicola & John mentioned.
more on The buying process.
Same topic, different angle.