BUYING PROPERTY IN NSW & QLD
Personalised Conveyancing Services
If you are considering the purchase of a property in NSW or QLD, A M Conveyancing can help with the process. We aid clients by reviewing mortgage contracts, pre-purchase inspection reports, strata reports and other relevant documentation. We will ensure that you understand all aspects of the pending purchase completely BEFORE signing your name to anything.
Personalised, Efficient Conveyancing Services
A M Conveyancing is dedicated to providing personalised and professional services to our clients throughout NSW and QLD. Purchasing a property is a multifaceted process that requires specialised knowledge to manage efficiently. Before jumping in, it’s beneficial to seek legal advice about property law from someone who knows the area where the property is located.
Helping You Make Savvy Financial Decisions
The process of successfully purchasing a property in NSW or QLD is going to involve making some important financial decisions. We can go through the fine details of pre-contractual statements, pre-purchase inspections and the actual mortgage contract to ensure that you understand everything entirely before committing.
The process of successfully purchasing a property in NSW or QLD is going to involve making some important financial decisions. We can go through the fine details of pre-contractual statements, pre-purchase inspections and the actual mortgage contract to ensure that you understand everything entirely before committing.
NOTICE: You are always entitled to receive legal advice, and you are never under any obligation to sign anything. Don’t allow yourself to be rushed through this important process!
Pre-Purchase Inspections
When you find a property that piques your interest, it’s a good idea to arrange strata inspections, pest inspections and pre-purchase building inspections. The inspection yields much valuable information that you will need to be aware of before committing to purchase the property. It can save you from incurring problems that can cost a lot to have rectified later.
In some cases, information learned from pre-purchase inspections can lead to purchase price reductions. A M Conveyancing maintains a list of reputable pre-purchase inspectors who won’t waste your time or money.
NOTICE: You are always entitled to receive legal advice, and you are never under any obligation to sign anything. Don’t allow yourself to be rushed through this important process!
Making An Educated Offer
If you are satisfied with the pre-purchase inspection reports and are prepared to proceed with the purchase, it will be time to present an offer. A small, refundable deposit may be required, but it will be returned in full if you do not end up purchasing the property for any reason. Note that making an offer does not seal the deal. The seller’s agent can still take other offers at this point.
Signing The Contract
If the seller accepts your offer, then the seller’s agent will contact your conveyancer or solicitor. The contract will be delivered. At this time, it’s important to perform a final review of all of the contract’s clauses. Be sure that you understand everything completely and have no questions before signing any contract. This is the time to address any areas that you feel need negotiating!
If you decide to sign the contract, a 10% deposit is standard. This is released to the seller only after your conveyancer has ensured that the transaction has been completed properly. Then, you will be a new property owner.
Settlement
After you enter into a binding contract, your conveyancer will still have several tasks to perform, including:
- Making final checks on the title
- Checking for outstanding debts to Council
- Paying any stamp duty due on the property
- Liaising with your lender regarding the mortgage
- Calculating rate adjustments for utility companies & Council
- Checking with government authorities for any vested interests in the property
On the day of settlement, your conveyancer attends a meeting with the seller’s conveyancer, along with any financial institutions that are involved. Funds will be exchanged for keys and the property title at this time.
Contact A M Conveyancing today to discuss buying a property that you are considering. Let us help ensure that your property purchasing experience flows smoothly and successfully. We are here to assist and simplify!
Licences
- Member Of AIC
- ACN: 151 125 692
- ABN: 43151 125 692
- License No: 050 114 18
- Certified Practising Conveyancer
