Downsizing in Australia - Mark O'Shea | страница 55

Dean Lupson in searching for the right property to purchase. Also depending on which state you live in, a release of the deposit may be available so you, as the vendor, can use the funds to place a deposit on your new home. The 12-month settlement option also allows the downsizer to know where to set their budget when looking to purchase. Knowing exactly what your final sale price is—your net profit after fees—gives you a clear indication of how much you can spend when purchasing. 055