Hi all,
Question: Is it possible to source a copy of council + water rates on a property that is for sale. Can it be done, if so I would like to know how ?.
Hi there
I'm not sure if it's possible or not – a call to the council on Monday will be your best bet.
What's the purpose behind the request? If you just want to know the quarterly costs – ask the REA if the vendors would be happy disclosing.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hi Jamie,
Thanks for the reply, the reason i ask is more from a due diligence curiosity view point than anything else, instead of getting an estimate of outgoings from a REA, i'd prefer exact numbers from a source that bypasses the need to ask the REA in the first place. Ideally, i'd like to know as much as possible about a property, before i even speak to the selling agent. IE. Who owns the property, private or corporate, how much they paid for it, how long they have owned it, the costs associated with owning it etc etc. I figured if there was a way to source rates info on properties that were for sale, the info contained in the rates notice would answer some of the above questions as well as cutting out the need to try and get the required info from the selling agent, that may or may not be entirely accurate.
PS. I'll take your advice on board and ring the council on Monday.
Kind Regards
Peter
I normally just ask the REA and then double check with council or water company. they've never lied but a fe whave been a few dollars out not a big deal when its a $4 difference per year
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email MeNSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
I normally just ask the REA and then double check with council or water company. they've never lied but a fe whave been a few dollars out not a big deal when its a $4 difference per year
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email MeNSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
It's all in how you word the question. If you ask what the rates are for that property, you will be met with all the usual nonsense about privacy policy and so on. Ask what the rates would be on a property identical to that property…. you might just get your answer
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
If you google the address of the property, it gives you the past sale information anyways. You also find other interesting bits and pieces, including old rental adverts, sometimes history. When I googled my address of PPOR prior to buying it, I also googled next door (because house is a semi) – either way, next door had some soldier information from wwi pop up – which I think all adds to the character of the home.
–> in case my point got lost, google the address.
Hi tlm1987,
Thanks for a great tip, I'll add that one to any property due diligence i do, you never know what you may find out. Might google an address and get a hit for a triple homocide, or winner of the best house in the street etc etc.
Thanks again
Peter
Providing prospective buyers with full financial information on a property is the agent's responsibility. If he hasn't got it, tell him to get it, it's an important expense.
cheers
thecrest
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
The real estate agent should have a copy of the latest rates and water notices for the property you are considering. Often they will have a pest and building report available too (if the agent is a good one and has organised this prior to putting the property on the market).
Most (all?) states have a disclosure form which vendors complete which includes this sort of information. The disclosure form covers all sorts of matters and needs to be completed accurately.
You must be logged in to reply to this topic. If you don't have an account, you can register here.
