The purpose of a due diligence clause is to allow the buyer time to carry out some investigations on the property they are buying. Generally, what exactly is being investigated is not specified. If you are a buyer and you have utilised this clause, then you can pull out of the contract for almost any reason whatsoever... even as silly as "my grandma doesn't like it." How good is that for the buyer?

There is a downside though.  An uneducated seller may be scared off by the clause and probably worse is an educated agent could be scared off by it because they know how flexible it is. So for this reason actually getting a property under contract while using this clause can be the stumbling block. For this reason it may be a good idea, if possible, to specify exactly what it is you are investigating. Brendan explains...

As soon as you think you have finished preparing your home for sale, put yourself in the shoes of a prospective buyer and begin evaluating every aspect of your home to see what can be done to improve your homes appeal.

You would be surprised at how even a minor item can reduce the perception of your home's value when a buyer first looks at your homes curb appeal. In this video, Brendan explains the game plan you can use to evaluate your home.

Many home sellers have learnt that when you list your property for sale, the buyers are coming, ready or not. The internet has caused real estate marketing to become close to instant. Within days of it being listed online, literally hundreds or even thousands of potential buyers have run their eye over it.

This brings the possibility that your greatest desire could also become your greatest fear. It's the early offer. Do you accept it, or is there an even better offer still to come?

A school catchment zone is the geographical location where a school's core intake of students must live and are put in place to ensure that each school has sufficient capacity for every local student to enroll.

Students may still apply to enroll at a school outside of their catchment area but enrollment is not guaranteed. A state school's ability to accept students who live outside its catchment area depends on the schools Enrollment Management Plan.

Link to view Edmap (School Catchment Website) - click here

Most Queensland property owners are not liable for land tax because the value of their land (excluding their own home) is not high enough.
It's also a tax that most people don't even think about until they receive their first assessment time, however with some planning during the early stages of building your property investment portfolio, strategies can be put in place to minimise it's cost to you.
In this video, Brendan explains what land tax is and some strategies that can be implemented to save you money.