Top 5 Things to Consider When Buying
The top five things to consider when buying a house or land:
Do Not Sign Anything
Do not sign anything until a conveyancing specialist has reviewed your contract. People can be 'talked' into signing something that they do not fully understand, and a Contract of Sale can become a minefield of confusion and uncertainty. Low Cost Conveyancing Services can review a potential contract before you sign it, and suggest an addition or deletion, and explain the terms of the agreement. We can also provide you with sound legal advice.
Do Not Make Any Assumptions
Low Cost Conveyancing Services can provide invaluable advice and guidance when buying property. Our easy-to-use checklists and fact sheets simplify and streamline the whole process.
The Question of Land Development
If you want to demolish an existing dwelling, build, or simply add to an existing structure, you will need to find out whether or not you are legally able to do what you would like to do on or with the land. Low Cost Conveyancing Services can advise and assist you with this line of enquiry.
Pre-approval on Your Loan Means Nothing
‘Subject to finance’ approval is common in approximately 80% of property transactions, but having ‘pre-approval’ from a financier doesn’t always guarantee that you have a loan. Speak to Low Cost Conveyancing Services to avoid potential pitfalls associated with buying property subject to financing.
Building a Dwelling or Checking an Existing One
Our conveyancing practice can advise on important questions such as: ‘Do I need a building and/or pest inspection or a soil test? When should I get these done, and what if I find a problem later?’ Speak to us prior to signing a contract, or before your ‘cooling off’ period has expired.
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