Selwyn Times: July 15, 2020

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4 Surround yourself with style... SECTIONS FROM 5,020m 2 - 6,855m 2 PRICED FROM $525,000 penberley.co.nz CHRIS JONES LICENSED AGENT REAA 2008 027 220 5043 chris.jones@bayleys.co.nz Nathan Collett LICENSED AGENT REAA 2008 027 826 1535 nathan.collett@bayleys.co.nz Whalan and Partners Ltd premium lifestyle sections VIEW ONLINE MITCHELL MACDONALD LICENSED AGENT REAA 2008 027 222 1292 mitchell.macdonald@harcourts.co.nz MEET AGENT ONSITE BY APPOINTMENT Knowing what could happen if you can’t complete a sale Life can sometimes take an unexpected turn when you’re buying a house. Knowing what could happen to your deposit and sale and purchase agreement if your circumstances suddenly change and you are unable to complete the deal will leave you in a much stronger position. “There are many “what-ifs” to consider when buying a home and I urge you to talk through your concerns with your lawyer or conveyancer as soon as your circumstances change,” says Real Estate Authority (REA) chief executive, Kevin Lampen-Smith. “A sale and purchase agreement is a legally binding contract between you and the seller, which becomes unconditional once the allocated time for meeting your conditions has been reached,” says Lampen-Smith. “Once the agreement for sale and purchase becomes unconditional, then you not only don’t get your deposit back, but also face the likelihood of having to purchase the property – even if you can’t afford to – or having to cancel the agreement and be sued for any loss the seller suffers as a result of you failing to settle the sale. So, if your circumstances suddenly change, you’ll need to speak to your lawyer as soon as possible.” Getting finances sorted to buy a property isn’t easy, but understanding the different deposits when you buy a house can help. There are two different kinds of deposits – the deposit you pay when you make an offer and your bank deposit. A buyer will usually be required to pay a deposit when the sale and purchase agreement is signed by both parties. The deposit paid is often about 10 per cent of the total price you are offering – you can negotiate a different rate if you need to – and is usually held in a trust account by the real estate agent. The real estate agent takes their commission fee out of this amount when the agreement becomes unconditional and the remaining balance goes to the seller. When you arrange a home loan with a bank, you must have a certain amount of funds to use as a deposit – your bank deposit. This deposit will more than likely be different from the amount your sale and purchase agreement states that you must pay the seller. For example, your bank may need you to have 20 per cent of the purchase price available as a bank deposit in order to secure your mortgage, even if you only have to pay the seller a 10 per cent deposit. “When drawing up a sale and purchase agreement, you can include conditions of the sale, such as a title search, valuation, LIM report, obtaining finance, obtaining insurance and builder’s inspection,” Lampen-Smith says. “Including conditions can really help – you can even negotiate your sale and purchase deposit.” YOUR LOCAL BAYLEYS TEAM Ben Turner 027 530 1400 Chris Jones 027 220 5043 Jo McIntosh 027 384 4279 Adrienne Goodeve 021 977 877 ALTOGETHER STRONGER Our brand has been part of the fabric of New Zealand since 1973, when Pam, Graham and John Bayley began working from their family home in Pakuranga. A locally owned and operated New Zealand business with 88 offices breathing life and jobs into our towns and cities. Up and down New Zealand, our origins are deeply rooted in the local community. Selling your property? Contact your local Bayleys experts. Bianca Davidson 027 322 9055 Haley Smith 027 341 3846 Craig Blackburn 027 489 7225 Nathan Collett 027 826 1535 Emma Groom 027 555 1075 Nick Wilson 021 917 047 Evan Marshall 027 221 0910 Sam Sidey 027 346 3500 Bayleys Darfield 03 975 4559 Bayleys Leeston 03 375 4700 bayleys.co.nz WHALAN & PARTNERS LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008 Sandy Butterick 027 417 2639 Suzy McPherson 027 695 0519 Tim Dyer 027 495 0979 Urszula Bedggood 027 338 7889 Residential / Commercial / Rural / Lifestyle
5 FINAL NOTICE Boundary lines are indicative only Broadfield 6/839 Waterholes Road Darfield 3 Whitcombe Place Discover a hidden oasis 4+1 3 2+1 3 Five-star excellence 4 2 3 3 Enchanting rural scenery and supreme privacy are key components to this 3.56ha lifestyle property that's only 7-minutes from suburban convenience. The Hebel clad home includes numerous living options. Extras include an alfresco entertaining area with Jetmaster fire, in-ground pool, mini-golf course, large barn complete with self-contained sleepout, extra height three-bay shed, 1050 approx hazelnut trees, paddock and electric entrance gates. Is this your dream? bayleys.co.nz/5512459 Deadline Sale (unless sold prior) 1pm, Tue 21 Jul 2020 Phone for viewing times Chris Jones 027 220 5043 chris.jones@bayleys.co.nz Sam Sidey 027 346 3500 sam.sidey@bayleys.co.nz WHALAN AND PARTNERS LTD, BAYLEYS, LICENSED REAA 2008 Set upon a generous 6,415sqm (approx.) section with an expansive 336sqm (approx.) family home this is a lifestyle that is second-to-none. The sophisticated home has four double bedrooms (master with ensuite/WIR), second bedroom with ensuite, separate family bathroom, separate toilet, guest toilet, media room and study/office. The designer kitchen is lavishly appointed with modern appliances. Central heating, log burner, gas fire and double glazing. Fully-fenced, landscaped grounds and stand-alone sheltered entertaining area. Large separate laundry, generous storage and triple-car garaging. Asking Price $950,000 View by appointment Jo McIntosh 027 384 4279 jo.mcintosh@bayleys.co.nz Emma Groom 027 555 1075 emma.groom@bayleys.co.nz Adrienne Goodeve 021 977 877 adrienne.goodeve@bayleys.co.nz WHALAN AND PARTNERS LTD, BAYLEYS, LICENSED REAA 2008 bayleys.co.nz/5512361 Darfield Cressy Oaks Subdivision Stage 2 Affordable range of sections Cressy Oaks Stage Two in Darfield offers a broad and highly affordable range of sections. The second stage of this multi-staged development accommodates a large variety of choices for all residents - offering sections ranging from 664sqm to 1,076sqm and priced from $157,000 to $175,000. From first-home buyers and downsizers, to investors and young families, Cressy Oaks will welcome you. Conveniently located to the many amenities within Darfield township, including pre-schools, a primary school and high school, shops, bakeries and cafes, a library, medical centre, dental clinic and Post Shop. Note: Titles for individual Lots and Land Covenant now available. Price by Negotiation View by appointment Jo McIntosh 027 384 4279 jo.mcintosh@bayleys.co.nz Emma Groom 027 555 1075 emma.groom@bayleys.co.nz WHALAN AND PARTNERS LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008 bayleys.co.nz/5511709 bayleys.co.nz
Page 1 and 2: WEDNESDAY, JULY 15, 2020 Connecting
Page 3 and 4: SELWYN TIMES Latest Canterbury news
Page 15 and 16: Selwyn Times Latest Canterbury news
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Page 47 and 48: A large, quality home sited in a pr

Selwyn Times: July 15, 2020

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