Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CPPDSM4008A - AT2 - CS2/P1 - Q1: Read through the following case study and complete the questions below. You have been approached by Dominic and

CPPDSM4008A - AT2 - CS2/P1 - Q1:

Read through the following case study and complete the questions below.

You have been approached by Dominic and Tina Azzopardi to sell their property which is located in Coburg. The couple have lived in the house for thirty years and now that their children have left home, they have decided to purchase a smaller house. They have put a deposit on a house in an outer eastern suburb and are looking for a fairly quick sale on the house.

The house is located on a major arterial road on a block of land that is approximately 475m2. The house has three double bedrooms, central bathroom, separate lounge and kitchen/dining area and separate laundry. Features include ducted heating and evaporative cooling, an established rear garden with patio, off street parking via rear ROW.

The house is in a liveable condition; however, it is showing signs of age.

The house is in a central position, close to public transport, CityLink access, shops and schools.

What advice would you give Dominic and Tina in regards to their options for selling the property? You will need to recommend the best method of selling the property (auction or private sale). List the benefits of the method that you select.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Of Contract

Authors: Paul Richards

14th Edition

1292251484, 978-1292251486

More Books

Students also viewed these Law questions

Question

1. Effort is important.

Answered: 1 week ago