All Topics / Help Needed! / How to sell H&L package after the contract signed ?

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  • Profile photo of tom12tom12
    Participant
    @tom12
    Join Date: 2012
    Post Count: 6
    December 5, 2018 - 8:59 am

    Hi all , hope someone can give ideas about this situation.
    I paid deposit for a H&L project in the upper point cook Melbourne which is going to title Q1-2019.
    (588k -2 story-completed turnkey from a volume builder.)
    This is for a PPOR.It is in a good location and I chose the place due to proximity to my work and transport. The land has now slightly appreciated since I bought.
    I hope I have no issue with funding but now I have a better job offer elsewhere and wonder whether I should sell it off now or keep it?
    Is engaging an estate agent is the way forward?
    Thank you.

    • This topic was modified 6 years ago by Profile photo of tom12 tom12.
    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    December 5, 2018 - 12:18 pm

    yes you would need an agent unless you can find a buyer yourself. Before engaging the agent you would need a contract of sale or speak to a lawyer about assignment/nomination.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of tom12tom12
    Participant
    @tom12
    Join Date: 2012
    Post Count: 6
    December 5, 2018 - 5:52 pm

    Thanks Terry.

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