In those first two weeks of the campaign we received an offer at fair market value that was well worth considering. Not knowing what was about to unfold in the coming weeks, the vendor was anticipating further strong offers to come in. As COVID became more of a concern, our vendor was keen to ensure a successful transaction of the property and was realistic in pricing expectations.
The challenge of meeting the market conditions was the uncertainty and negativity that the media created at the onset of COVID Financial institutions were also very difficult regarding confirming finance, which had the potential to lead to delays.
Fab Dalfonso and Rino Gazzera over-serviced both the buyer and the client to ensure the deal was completed as there was so much negativity during this time. Fab physically hand delivered and exchanged the contracts via the solicitors to ensure that the deal concluded. As It was a positive outcome, the owner was very impressed by the result given the current climate.
Related Experts. Block information. Territory planning zones A block's planning zone defines how that land can be used and what can be built on it.
Easement information A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage. Unimproved land values The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
Land contours This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope.
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