Thursday, November 12, 2009

DUE DILIGENCE


After a bit of negotiating we finally settled on a price of $390k for a section in Tuscany Heights, Manukau. Fantastic! I think the agent Wayne Shallard really fought the price down for us because he found out we have an autistic son, and he was able to relate to our desire to bring him up on a large section as he has an autistic granddaughter.

I feel in my gut that we have made the right choice.

Wayne advised us to add a "Due Diligence" clause which basically protects the buyer against everything, including changing their mind.

Our due diligence clause allows us to check that the section we are buying is actually 'buildable' and suitable for our purposes.

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