With the help of a Townsville conveyancing expert, you can breeze through the home buying process. The last thing you want to do is to walk into the highly complex process unprepared. You can’t afford to wing it when making what will probably amount to the largest investment decision in your life.
Surprisingly, a large portion of new home buyers don’t take the time to prepare, and they pay for their mistakes dearly for the rest of their lives. Luckily, you can learn from their mistakes and avoid getting into a cesspool as you buy a home.
Pick the absolute best legal mind
Engaging a legal counsel when buying a home is likely to set you back between $500 to $2,200 in conveyancing fees. That is a surprisingly sweet deal considering the headaches and money such an expert saves you in the long run. Instead of looking at it as an extra expense, consider it a form of insurance to keep you from buying a subpart property.
Some people realise that they made a mistake when it’s already too late, and they are stuck with a property they can’t use. Their next course of action is to try to offload it as quickly as possible to the next unsuspecting buyer. Having a legal expert keeps you from falling victim to such ploys and scams.
A solicitor will ensure that the entire process is above board and look into legal issues that are likely to escape your notice such as the nature of the deed. They will check to establish whether the tenure is freehold or leasehold. The will also help determine the rights you have on the property, which is crucial in your ability to utilise the property.
Get the best value for money
Some of the pitfalls are likely to escape your notice when buying a home are rather obvious to a seasoned expert. For instance, the absence of an inspection certificate can indicate that the seller is attempting to play dirty. Rookies are likely to overlook such a document unawares of its far-reaching implications.
An inspection report is a crucial document when buying a home as it gives the property a clean bill of health. Skipping one could lead you to buy a lemon that would set you back a fortune in repairs. Engaging a professional inspector will give the home a clean bill of health or identify the shortcomings.
If the inspection reports reveal defects in the house, you can use it as a bargaining chip. You can have the seller fix the problem or use is leverage to have them make price concessions. Or you can take that as your cue to keep up with your property search.
Going about the home buying process without retaining the services of a legal expert can prove to be a costly mistake. It leaves you at the mercies of unscrupulous sellers looking to exploit rookie buyers. You could end up with a faulty property that could set you back a fortune in repairs or one that you can’t use properly.