Five Steps to Retirement Living with Villa Maria Catholic Homes

Tuesday, July 4, 2017

Five Steps to Retirement Living with Villa Maria Catholic Homes

Making the move into a retirement village can be a daunting task. Villa Maria Catholic Homes have prepared an easy step-by-step guide to help you navigate your way to moving into your dream retirement community.

Step One:

Select your preferred home based on what’s right for you in terms of location, size, aspect and price.

Step Two:

Register your interest with a fully refundable reservation fee. There is a 21 day cooling off period so you have time to review your purchase and, if you choose not to proceed, your reservation fee will be refunded. If you do decide to proceed, you will be given two agreements to execute: Agreement to Lease, which confirms your intent to proceed at the time occupancy is available; and a Lease Agreement, which governs the terms of the lease and confirms your rights and entitlements.

Step Three:

Seek independent advice from your advisors (which may include your solicitor and/or accountant) before formalising the purchase of your new home. It is important that you feel totally comfortable about the arrangements and, as such, VMCH urges you to discuss it with friends, family and professional advisors.

Step Four:

Execute the agreements and pay a deposit.  You will have an additional three-day cooling off period at this point. Your deposit will be refunded in full, and the agreements terminated, if you choose not to proceed during this time.

Step Five:

Make the move!  The contracts will be settled when your home is ready for you move in or upon settlement of your home. The balance of the agreed sale price is payable on settlement, after which you can begin living in your new home.

Find out more about Villa Maria Catholic Homes (VMCH)


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