The Star: March 01, 2018

32 Thursday March 1 2018
Latest Christchurch news at www.star.kiwi
FOR SALE
Burnside: 25B Rubens Place
Owners must sell: 4 bdrms, 2 bthrms
(ensuite), 2 living (1 of 2) rear townhouse with
dble IA gge. Must be viewed. By Negotiation.
Open Sat 3.30-4 pm & Sun 1-1.30 pm
Ref: www.remax.co.nz/RMI10538
NEW LISTING
Fendalton: 60 Memorial Ave
2-Level Townhouse with a touch of Tudor:
“Alexandra Cottage”. Prime school location.
3 dble bdrms, master down with ensuite/
WIR. Two living areas. Enchanting as is, or
add your own touch. By Negotiation.
Open Sat 1-1.30 pm & Sun 2-2.30 pm
Ref: www.remax.co.nz/RMI10547
Halswell : 7 Checketts Ave
Vendors want it gone: 4 bdrms, 2 bthrms
(spa bath). 1 gge + OSP. By Negotiation.
Open Sunday 11-11.30 pm
Ref: www.remax.co.nz/RMI10544
Hei Hei: 1/8 Glenleith Lane
A Little Gem: Nest or Invest. 2 dble bdrms,
large open plan living. Single gge + OSP.
Near pylons. By Negotiation.
Open Sunday 12-12.30 pm
Ref: www.remax.co.nz/RMI10546
COLLAPSED SALE
Riccarton: 115 Elizabeth Street
Affordable Investment/starter: Your good
luck, available again. 3 bdrms, in need of TLC.
CHBH & CHGH Zones. Close to Uni.
Offers over $325,000 (RV $340,000).
Open Saturday 12-12.30 pm
Ref: www.remax.co.nz/RMI10543
NEW LISTING
Shirley: 125 Quinns Road
A win/win on Quinns: Terrific 3 bdrm 1990’s
townhouse. Spacious living with cathedral
ceiling. Mostly double glazed.
Absolute value at offers over $390,000.
Open Sat 2.15-2.45 & Sun 3.15 – 3.45 pm
Ref: www.remax.co.nz/RMI10548
MORE PROPERTIES ARE
URGENTLY NEEDED!
Trish Lawrence
ph 0800 874 745
INITIAL REALTY LTD
Appears every week in
For more information:
Mike Fulham
P 364 7406
E mike@christchurchstar.co.nz
Licensed Agent
REAA 2008
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
150 “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
holly.jones@raywhite.com
Licensed (REAA 2008) Results Realty Ltd
SHOWHOME
NOW OPEN
39 Sherborne St
St Albans
10am-4pm or
by appointment
Christchurch
We have achieved
record breaking
prices recently!
www.firsthomes.nz
chchsales@firsthomes.nz
021 575 545
your
Selling property
privately?
The Star has some
fantastic cost-effective
packages available for
people selling their
property themselves.
From only $63+GST you
can have your property
profiled with a photo!
CONTACT:
Vicky Sayers
P 364 7419
E vicky.sayers@
starmedia.kiwi
HALSWELL
Front Unit
2 Dble Bedrooms
This is a secure front
property, permanent
materials, across
from Halswell School,
close to buses, library,
healthcare and shops,
in a great location 15
minutes from central
Christchurch
Contact Brian Davidson
(03) 322 8739 or
021 0293 6712
Oamaru
SBD CLOSING
8809397AA
DON’T MISS THIS OPPORTUNITY!
LOCATION IS PERFECT!
PRIME COMMERCIAL LOCATION
DISTRIBUTION OR STORAGE HUB
SUN, SPACE AND SEA VIEWS
Price: SBD BEO $219,000
Price: BEO $579,000
Price: $24,000+GST pa
Price: SBD BEO $675,000 +GST if any
Price: SBD BEO $485,000
Web: HKPGF3 3 1 1 Web: HPKGF3
4 2 2 Web: HPFGF3
Web: HQGGF3
Web: HKXGF3
4 2 4
Check out all our listings at www.oamaru.ljhooker.co.nz | Deal with the Best: LJ Hooker Oamaru - The Most Productive Team in NZ *
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