The Star: June 22, 2017

StarMedia.Digital

48 Thursday June 22 2017

Latest Christchurch news at www. .kiwi

OPEN HOMES

Come to an open

home or make a

time to view.

Avondale: 26 Cowes Street

Priced To Moo-ve On Cowes: Solid 3 bedroom

family home. Modern kitchen, spacious living.

Large deck. Dble garage. Extra parking.

Enquiry over $379,000

Sunday 1-1.30pm

Avonhead: 31a Rosedale Place

Needs To Sell Urgenty: Make an offer. Nest or

invest. 2 dble bdrm rear townhouse in Burnside

& Merrin St school zones. Make an offer.

Enquiry over $345,000 (RV $355,000)

Sunday 11-11.30am

COLLAPSED SALE

Cashmere: 75 Valley Road

Brand New Designer Dwelling: Collapsed sale,

back on the market, be quick! 4 bdrms, 2 bthrms,

single garage. Extra parking. See it, love it, get it!

Saturday and Sunday 3.15-3.45pm

Linwood: 1a Clive St

Affordable, Sizable & Practical: Very tidy 3 dble

bdrm home. Modern kitchen, new paint, carpet.

Off street parking. Great value for money.

Sunday 12-12.30pm

North New Brighton: 12 Saltaire Street

Get On The Property Ladder: Must be sold. 2/3

bdrms. Woodburner on wetback. Re-wired,

re-roofed, re-painted. New dble garage.

Enquiry over $355,000 (RV $375,000)

Sunday 2-2:30pm

Do you know

the current

value of

your home?

Find out,

call Trish

now for a

free appraisal.

Trish Lawrence

ph 0800 874 745

Initial Realty Ltd

Licensed Agent REAA 2008

Appears every week in

For more information:

Mike Fulham

P 364 7406

E mike@christchurchstar.co.nz

Trish donates

to Camp Quality

Home

& Property

REAA - Disclosure rules

when selling a home

Real estate advertisements are designed to make

every property look like a dream buy.

That’s why they gloss over the

negative aspects and linger on the good

points, wanting you to be drawn in by

the sun-drenched location rather than

be put off by lack of garaging. It’s no

crime to gloss over a property’s quirks,

but lying by omission or design about

more serious matters is not allowed. If

you do this when selling your property

you may be at risk of being sued by the

purchaser.

When you’re ready to sell your

property it’s a good idea to get legal

advice about your obligations before

you sign an agency agreement. Most

of these agreements, which set out the

terms and conditions of your contract

with the real estate agent, require you

to confirm that you are unaware of any

undisclosed defects

in the property and

that you haven’t

withheld any

information about it.

As a seller, you must

also confirm that

your property has all

the necessary consents

and code compliance

certificates for any

building work. Any outstanding consents,

including ones that involve any works at a

neighbour’s property, should be disclosed

to the agent.

This is important for several reasons.

Licensed real estate agents have

clear obligations when it comes to

disclosure. They must not mislead a

seller or a potential buyer, or withhold

any information. While it’s not up

to the agent to uncover any hidden

defects in a property, they must tell any

prospective buyers what they know.

Under the Real Estate Agents Act

2008, if licensed real estate agents

suspect that a property may have a

defect then they are obliged to ask

the seller about it, or advise potential

buyers of any risks. For example, if a

property is next door to a proposed

new development, or if it’s in an area

that’s been subject to flooding, the agent

must tell prospective buyers rather than

turning a blind eye.

If your property may be prone to

weathertightness issues thanks to its

age or cladding, then the agent may

have to disclose this potential risk to

NEW LISTINGS

Home & Property appears

every Thursday, delivered FREE

throughout Christchurch

For more information

and bookings, contact

Mike Fulham

M: 021 300 567

E: mike@starmedia.kiwi

prospective buyers. If it doesn’t have

any weathertightness problems it may

be worth getting this confirmed in an

expert report by a qualified building

inspector who has professional

indemnity insurance, understands

the strict legal requirements of their

role and carries out their work in

accordance with the New Zealand

Property Inspection Standard. This will

help make the sale process as efficient

as possible.

If you know there are issues

with the property, whether

it’s something small like a

garage door not working

properly, or a bigger deal

like an unconsented deck, it’s best to

discuss them with the agent you are

working with. They can help you decide

how to manage the problem, whether

that means fixing it, or disclosing it to

potential buyers. However, a licensed

real estate agent must not disclose any

problems with your property to buyers

without getting your consent first. If a

seller doesn’t agree on a disclosure, the

agent is required to stop working for

them rather than disclose any defects

without consent.

These rules offer more protection to

buyers than the traditional attitude of

‘caveat emptor’ (buyer beware), which

assumed that the seller would always

know more than the buyer and any sale

was at the buyer’s risk. However, buyers

should always do their own research

about a property before signing a sale

and purchase agreement. Buyers should

also ask the agent about anything they

are concerned about, no matter how

trivial it may seem. It’s far better to get

an answer upfront than find out when

it’s too late.

Your Earthquake

damaged home!

The Star

Talk to us if you are serious about

selling your “As is Where is” home.

We have sold over

100 “As is Where is”

homes and we have

a huge database of

qualified buyers.

Phil & Holly Jones

Ph 03-382-2230

Phil 027 435 7711

Holly 027 222 0220

phil.jones@raywhite.com

We have

achieved record

breaking prices

recently!

Licensed (REAA 2008)

Results Realty Ltd

www.firsthomes.nz

chchsales@firsthomes.nz

3 Bed, 2 Bathroom

Double Garage

$285,000

Oamaru

LET’S GET STARTED!

Price: SBD BEO $159,000

Web: G3HGF3

2 1 1

FAMILY SIZED HOUSE AND GARDEN

Price: SBD BEO $269,000

CHECK THIS OUT!!

Price: SBD BEO $335,000

THE SANCTUARY

Price: SBD BEO $695,000

Web: G11GF3 3 1 2 Web: G6ZGF3 4 2 2 Web: G71GF3 4 2 2

SBD BEO = ‘Sale By Deadline Buyer Enquiry Over’

*

LJ Hooker Harveys Group, based on number of transactions

Call Oamaru’s No. 1 Team For Listing & Selling - Ph (03) 434 9014

Robertson Real Estate Ltd MREINZ - Licensed Real Estate Agent REAA 2008

THE POSSIBILITIES ARE ENDLESS

Price: BEO $69,500

Web: G40GF3

Check out all our listings at www.oamaru.ljhooker.co.nz | Deal with the Best: LJ Hooker Oamaru - The Most Productive Team in NZ *

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