A first-time buyer’s guide to understanding property transactions

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Bond originator, conveyancer, general valuation roll … if these terms mean little to nothing to you, you’ve come to the right place.

Bond Originator: A free service that can help buyers find the best deal on their home loan. Bond originators have several services that will help buyers navigate the bond application process more efficiently. General Valuation Roll: A document that presents a value upon which household municipal rates will be calculated until a new roll is issued. It is important to check this when it is released to make sure you do not end up paying more for municipal rates than what the home is truly worth.

Off market sale: When a property is for sale, but it has not yet been publicly advertised or listed on any property portals.

 

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