conveyancing Blog
There comes a time in many people's lives when they look to move from their family home into a smaller, more manageable property.
If you're looking to downsize your home, it's important to know how to avoid common mistakes and how to make the process go smoothly.
Do: work out what you really want
When you've become accustomed to living in a bigger home, it's easy to take its benefits for granted. When you move to a smaller home, you will naturally have to cut out some of these features, so making a list of the things you definitely need versus the nice extra touches that you want can make it...
What information do I need when planning to downsize?
Retirement is an exciting new chapter in your life but it can also be a challenging one. This is especially true if you choose to sell the family home and are thinking about downsizing your house....
Understanding the Retirement Villages Amendment Bill 2018
In November 2018, the NSW Parliament passed the Retirement Village Amendment Bill. This amended bill changes parts of the Retirement Villages Act 1999. In short, these bills protect both residents...
Legal questions to ask before moving into a retirement village
If you or your parents are considering moving into a retirement village, you'll find that there are a few differences to buying a home on the open market. We've compiled ten of the most commonly...
What is a deferred management or departure fee, and what does it mean for my retirement?
A deferred management fee—also called a departure fee—covers any expenses incurred by a retirement community during your residency, and is charged when you move out. When you sell your unit, the...
Understanding retirement contracts and village ownership
For many Australians, retirement means a change in their pace of life. This may come with the decision to downsize your home with the option of moving into a retirement or lifestyle village.
Retirement Village Eight Point Plan: what is it and how does it affect me?
More than 180,000 senior Australians now live in retirement villages, which offer convenience and economic advantages when downsizing from a family home. However, stories in recent years of...
Questions you should be asking before choosing a lifestyle village
If you’re looking forward to retirement, you might want to consider downsizing and moving to a lifestyle village to make life easier. After all, lifestyle villages aren’t just for the frail anymore....
5 affordable ways to get into the property market faster
For many, the Australian dream is to buy a home on a quarter-acre block. Whether you want to do this for stability, for your family or because it makes financial sense.However, with house prices high...
3 tips to help you decide if downsizing your home is right for you
If your children have all left your home for lives of their own, you may wonder if downsizing your home is the best decision for your family. The experienced team at East Coast Conveyancing...
