1. Client Confidentiality
Australian Property Masters (APM) will keep our client’s financial and personal information confidential. We will seek your permission to pass on information required internally by us or a third involved party.
2. Determining Appropriateness of Property Investment
APM are not accountants or financial advisers. We cannot advise you on the appropriateness of property investment to your specific financial circumstances and objectives. We take no responsibility for this determination and will proceed on the premise that you have sought advice from a suitably qualified party.
3. Finance Interview to Confirm Affordability
APM are not financiers or mortgage brokers. Our clients have complete freedom to choose their own source of finance, or have the option of reviewing finance packages from other lending institutions that may have been recommended by us.
APM encourages our clients to personally inspect any property recommendations that are made.
5. Independent Legal Advice
APM invites you to use your own solicitor. In the event that the client asks APM for the name of a solicitor, we will recommend a range of solicitors that we believe to be independent of both the vendor and APM. The choice of solicitor used is solely at the discretion of the client.
6. Contract Subject to Finance
APM will instruct the vendor’s solicitor to prepare a contract of sale subject to the purchaser obtaining appropriate finance, or to advise the purchaser not to exchange contracts prior to finance being formally approved.
7. Independent Valuation
APM encourage all our clients to seek access to the valuation of the property commissioned by their lending institution, or, if access is denied, we recommend you obtain a second independent valuation by a registered valuer to substantiate the value of the property. The second valuation to be paid for and addressed to you.
8. Accounting and Taxation Issues
There are many incentives and concessions granted to the property investor by the Australian Tax Office. APM encourages you to consult with your own accountant or with another independent, qualified accountant for advice and lodgement of appropriate documents.
When procuring rental assessment letters, APM will always solicit conservative current market rentals, assessed by licensed property management agencies, local to the subject property.