A garnishee order is an order issued by the Court requiring the party to whom the order is addressed to make payments in satisfaction of a judgment debt to the judgment creditor. (Some courts now refer to garnishees as money redirection orders). The third party to whom the order is addressed is the “garnishee”. Under a garnish order the garnishee is directed to pay money that would ordinarily be payable to the judgment debtor directly to the judgment creditor or...
Favourable interest rates are a borrower’s best friend, but should you lock in a low rate or go with a variable rate? Here are five things to consider. 1. How low can rates go?Interest rates are at historically low levels and the current outlook suggests there may be further cuts in the medium-term future. If you lock in your rate now, you won’t reap the benefits of later decreases. The question is: how low do you think the rate will...
Just a tip for the Real Estate Offer and Acceptance Authors: When the settlement date mentions “x days from Finance Approval” please add one word “notice” so that the countdown to the settlement date can then begin once the seller or their agent actually receives the notice. As some Brokers/Lenders/Buyers often forget or are simply unaware they should immediately forward the approval notice to the Seller’s side so they can also prepare for the settlement date. Without ‘notice’ mentioned in settlement date x days from… would...
Not quite sure that you have all the required paperwork to buy or sell that property? Why not let a licensed Settlement agent check it with you.
Need a witness for that statutory declaration? Licensed Settlement Agent able to help, Call 08 9300 9750 to make an appointment now.
