Purchase Process
Your Steps in Purchasing an Investment Property
1
Decide which Coco Property
a) Decide which Coco Property you wish to purchase from our members area property list after approval of your access.
b) Consultation with Mark Rogers the director to assess your needs and to answer any questions relating to the whole investment property portfolio information, and process.
c) Make sure you have a pre-approval of finance to proceed and had legal or professional advice.
2
Letter of offer To Purchase
a) Download the “Letter of Offer to Purchase” (Purchase Document) within the detailed property area. Fill complete form out for this to be processed.
b) Land Contract will be dispatched within 3 to 4 days to your solicitor/conveyancer for land to exchange. 5% Deposit will be required for your land.
c) Coco will organise to prepare your Tender & Building Agreement for your property.
e) Building Contract appointment will be within approx. 14 days.
3
Color Selection
a) Color selection choice to be made (an advantage of Coco is that if you so desire to have an specific home upgrades to the cosmetic, we shall allow you to enjoy upgrading your property at a cost to you).
b) Prepare additional Documentation for the build process.
c) Lodge to Council or Certifier for Approval
d) Receive Council or Certifier Approval
e) Once above is complete, you shall be requested to provide us with your Formal Loan Approval & Authority to Commence Construction.
4
Approval of Construction & Handover
a) We have Approval! Construction Commences
b) Receive Progress Updates from your Construction Supervisor
c) Handover of your new Coco Investment Property – Keys, Instruction Manuals, Certificates & Warranties. Start enjoying the property investment journey!