Have you been hunting for the perfect home for a while, but want to make sure you’re avoiding any legal landmines? At Complete Conveyancing Solutions, our legal team is here to guide you every step of the way when going through the steps to purchasing.
What kind of home are you looking for? Do you prefer a unit or a duplex? Will it be a new home, or need some TLC?
How much would this cost you? Are you planning to build on the land? Estimate mortgage repayments.
Is there potential for the market to drop, or increase? Country living or the city?
Are there schools and public transport nearby? What about local shopping centres?
Consider the bank you’ll be loaning money from. How high are their interest rates?
Request a free no obligation quote from our lead conveyancer Maria.
The potential risks when buying real estate includes:
Issues with the structure of the building. This can be dangerous if not checked.
Risks with buying older homes, such as weak structures, mould, leaks or pests.
No potential for capital growth over time.
Timing the market, as this can be an extreme financial risk. This can end up benefiting the vendor and not you as the buyer! You don’t want to end up paying more.
Not seeing hidden costs in stamp duty, council rates, legal fees, insurance or the cost of moving houses. These need to be investigated by a legal professional.
Signing a legal contract without fully understanding what is being signed!
Yes, but stress less! The transfer of ownership in terms of the new landowner is a complex field, so this responsibility is better in the hands of an experienced legal professional. At Complete Conveyancing Solutions, we aim to make it easy and translate any legal jargon you may not understand, especially for those new to selling real estate.
In summary, when you purchase a property, we will undertake to:
Apply for all property information certificates with the relevant government departments and local authorities;
Assist you with completing the Verification of Identity process;
Prepare and digitally sign all legal documents using PEXA (property exchange);
Prepare a Statement of adjustments of rates and taxes;
Prepare settlement statements;
Liaise with your mortgage broker/lender; and
Complete settlement.
Are you looking for a conveyancer to help you with buying a property in Melbourne? At Complete Conveyancing Solutions, we know the right way to handle the legal side of things.
Get in touch with Complete Conveyancing Solutions today for a free quote.
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