How a Strata Search Can Help You Pick the Right Apartment
Though this percentage makes a resounding statement about housing trends today; it shouldn't come as a surprise to many, as the modern switch to apartment living is primarily drive by young, rising and lifestyle-oriented professionals. If you're thinking of purchasing an apartment now or in the near future, it is essential that you seek professional advice and guidance before making the biggest purchase of your life - this is where a strata search, strata check and overall Strata report Sydney can come in handy when purchasing your first apartment.
1. What is a strata company?
A strata company is employed to look after maintain community living properties such as apartments. Their role and responsibilities include: care taking, grounds maintenance and providing assurance and advice in matters of insurance and the management of common property. But there are always a few catches to look out for when buying investment property.
2. I'm ready to buy an apartment where do I start?
Sydney strata inspection companies such as Section 108 provide services such as strata inspection and strata report Sydney to ensure that the potential home buyer is made aware of any financial, harmony, safety and compliance issues that currently exist within the building. The first step is to conduct a strata search [http://sydneystratareports.com.au/services/strata-search.php] and contact a trusted Sydney strata inspection company to provide you with all the essential information by coordinating a strata examination.
3. What is the importance of strata inspection report?
A strata inspection report provides potential home buyers with all the pivotal information they need to know before they invest in an apartment property.Usually in a strata report Sydney, details of any proposed expenditures of high importance considered by the Owners Corporation, a past history of Special Levies within the past 5 years, any maintenance and consensus issues within the apartment and financial issues are highlighted. Other areas covered in a strata report include OHS compliance issues,official documentation, insurance details, by-laws and notices. We report on whether the Owners Corporation has obtained a recent OHS report. Where an OHS report exists a copy of the Summary Page is obtained by the inspector.
4. How does a Sydney strata inspection benefit me?
A strata inspection [http://sydneystratareports.com.au/services/strata-inspection.php] report provides aspiring purchasers with an insight into their potential pre-purchase and allows them to reconsider their investments - guided by professional experts.