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AVJennings - SA - The Buying New Homes & Townhomes Process


Follow the easy step by step guide to buying a new home with AVJennings.


STEP 1: Considering the home that suits
Your sales consultant will explain the different homes available, their prices and each home's features and benefits.
Hint: Talk finance up front


STEP 2: Contract Request.
Once you decide to go ahead, sign a Contract Request which is a request for a formal contract to be drawn up for purchase.


STEP 3: Contract Signing.
Make an appointment with your sales consultant to sign the contract.
Two clear business days after the contract is signed by all parties, the deposit is due which is held in a trust account until settlement.


STEP 4: Financing.
If you haven't already organised finance, its time to talk to your lending institution or finance broker. If your contract is subject to finance, AVJennings will require a copy of the unconditional approval by the date stipulated in the contract.


STEP 5: Conveyancing.
You will need to appoint a conveyancer and advise your sales consultant. The conveyancer will liaise with AVJennings and arrange the transfer of property ownership and all necessary information required by your lending institution


STEP 6: Prior to settlement
Your customer service representative will keep you up to date with the progress of your home and will call to arrange a handover of the home to you on the settlement date with your building supervisor.
Hint: At least 5 days before you move in, advise gas, electricity, telephone services and home contents insurance company of your occupancy date.


STEP 7: Settlement
When building of the home is complete, its time to settle. Your conveyancer will contact your lender to confirm settlement details and arrange transfer of funds.
Hint: Call the removalist, chill the champagne.


STEP 8: Home
Once settlement has been completed, your building supervisor will hand over your keys.
Hint: Put out the welcome mat – welcome to your neighbourhood.