All Topics / Legal & Accounting / Disclosure of First Home Owner Status
Hello,
I’ve just started investigating apartment purchase options and will soon be a first home owner. Here in Victoria, I currently qualify for $9k assistance.
I have been liaising with one real estate agent, regarding a property currently listed. He asked me if I this would be my first home and I answered yes instantly. Am I obliged to answer this, and answer honestly? I feel that he will now hike the price by another $9K…
It will be a our bank/lender that needs to know ultimately, yes? Not the estate agent…?
Thank you for your counsel,
Alyssumyes, no need to tell the agent unless you wish to.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
yep, no need to tell the agent
they tend to be shifty buggers, i wouldnt tell them
Ill tell you this please dont take it in a bad way or anyway reflecting real estate agents.
I am an agent and if you told me that this was your first property I would automatically think that I could push you higher on the purchase price. Whether it be nerves or whatever first time home buyers and investors tend to pay more.
No offence, but hopefully it helps in the future
Cheers
Thank you for your guidance, Alyssum.
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