I haven't published a blog for a while on this blogspot, but today that will change. Although, I do not want to purchase a property I went to inspect a property for curiosity at 8/26 Hythe Street, Mount Druitt.
There was no left over profile of the property on a flyer left, as the Real Estate Agent, Adam Silva from Wiseberry Real Estate, Prospect brought 25 copies for the inspection and it had all been used up. This tells you that there are lots more potential buyers for the property then available properties, in the area I would assume. Maybe why Mount Druitt, is a "Hot Property Spot".
There was this young man who had been to other Strata Management Properties on the market and requested to the agent a copy of the Strata Management Report. The agent responded in a clear and correct manner, 'They do not supply copy of Strata Management Reports as this is requested through the buyers solicitor, once the initial deposit is paid and the solicitor will discuss the report with their client.'
This young gentleman advised that he was giving the same reports by other Real Estate Agents before, whilst inspecting these properties. Apparently, this may be legally an issue to supply this information on inspection.
From experience, I agree with Mr. Silva, agents are there to show the property to potential customers, Strata Management Report can be obtained from solicitors. There is a cost for the report to be released from the Strata Management as they will not release for the sake of releasing!
So keep this in mind when looking for Strata Management Property!
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