11th April 2015
RENOVATORS DELIGHT OR MONEY PIT? The advertisement said “renovator’s delight”. Which means either it needs lots of work or perhaps just a little TLC. But how quickly will the delight wear off once you start to add up the investment required to bring the property back to life? Before deciding to put in an offer, or bid at auction, one of the first things you’ll want to do is have the home inspected for structural integrity, defects and potential problems. A building inspection should be carried out by a qualified builder and helps to ascertain the overall “health” of the house you’re about to buy. A bad roof, leaky plumbing or termite infestations can usually only be found when a house doctor crawls through the attic, under the house and on the roof. If there are major problems found, potentially it can stop the deal dead in its tracks. But what if there are no major problems but minor ones? What if the carpet, while not in dire straits, is definitely worn and could use an upgrade? Or perhaps the deck needs a good work over. Maybe a trio of toddlers has inhabited the home you’re about to buy with a penchant for drawing cartoon characters on the walls? New paint job? Such minor, perhaps cosmetic concerns may not be strong enough to deter the determined renovator, but it is important to understand a reasonable accurate cost for the improvements identifying what are the “mandatory” issues that need to be addresses, e.g. a new roof, reblocking and secure perimeter fencing. Craig J. Stephens Managing Director / Officer in Effective Control M 0418 547 938
A building inspection will reveal structural (read expensive) issues with the house, but sometimes it’s not all bad. That renovators delight could easily become the most beautiful house in the street!
Yarraville
104 Somerville Road 9316 9000
Williamstown 1/66 Douglas Parade (Corner Stevedore Street) 9393 1600 www.jasstephens.com.au
Jas H Stephens Pty Ltd (Jas Stephens) is bound by and adheres to the Australian Privacy Principals (“Principals”) contained in the Privacy Act 1988. Those Principals regulate most of our activities with respect to personal information collected, stored, used and disclosed by is. Our full privacy policy can be found at www.jasstephens.com.au. The purpose for which we may collect, hold, use and disclose your personal information are:-for security reasons- to keep a record of who has attended open inspections; to contact you in respect of the property and other properties we believe may be of interest to you; to provide you with a contract of sale and other documents you may request; to update you generally through the course of the campaign. We may also use your personal information to market other properties which we think may be of interest to you and to send you marketing material from our agency. You can always “opt out” if you do not wish to receive marketing material. By providing your personal information you consent to us using your personal information as described above. If you choose not to give us your information, we may not be able to provide an effective service to you. Your personal information is stored in a combination of computer facilities and paper based files and other records, which are located on site at our office and off site at secured premises. If you would like to discuss how we manage your personal information or complain if you think we have breached the Principals or to update/correct the information we are holding please call 9316-9000 or email privacyofficer@jasstephens.com.au We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. We strongly recommend that you clearly register your interest with our representative at the open for inspection, so that in the event of a sale being imminent, your position is protected. We make every effort to contact all interested parties prior to a property being sold.
MEET THE TEAM
REECE GOSSTRAY Project Sales Manager / Banbury Village Sales Manager 0418 378 276 rgosstray@jasstephens.com.au
HELEN CORALLO Personal Assistant to Tate & Branko 0438 591 785 hcorallo@jasstephens.com.au
ALEX TEEUWSEN Personal Assistant to George Alexander 0487 648 159 ateeuwsen@jasstephens.com.au
EMILY NELSON Personal Assistant to Anna Grech 0402 397 473 enelson@jasstephens.com.au
DENE MACDONALD Marketing Manager 9316 9012 dmacdonald@jasstephens.com.au
LILLIAN KEATING Corporate Marketing Projects 9316 9062 lkeating@jasstephens.com.au
MAREE CECCHIN Sales Trust Administrator 9316 9025 mcecchin@jasstephens.com.au
ROSA CHETCUTI Company Accountant 9316 9014 rchetcuti@jasstephens.com.au
DARIA BECK Rental Department Manager 9316 9007 dbeck@jasstephens.com.au
LACHLAN MCCRAW Rental Business Development Manager 0400 335 498 lmccraw@jasstephens.com.au
NICOLE SMITH Rental Business Development Officer 0431 177 048 nsmith@jasstephens.com.au
JAMES HICKEY Leasing Consultant 9316 9066 jhickey@jasstephens.com.au
MAX WALLER Managing Director – Provincial Home Loans & Property Advocacy 0438 430 436 maxwaller@provincialgroup.comau
SUE STEVENS Finance Adviser & Property Advocate 0432 705 815 suestevens@provincialgroup.com.au
DANNIELLE JACKSON Finance Adviser 0432 705 600 danniellejackson@provincialgroup.com.au
With the right training, anything is possible At Jas Stephens, we think nothing is impossible, and we’re not afraid to try new things. That’s why we go to great lengths to constantly invest in our team, their knowledge and training. We strive to ensure their skills are of the highest industry standards and encourage them to think outside the box when servicing clients needs. And there’s nothing more we love than rising to a challenge. Call us today for an appraisal and let’s us help you achieve your real estate goals.