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Conveyancing and Legal

The legal fees charged for the services of a solicitor or a conveyancer are generally overlooked by borrowers when they plan to purchase a property.

Below is a guide to the processes and legal issues you need to take into consideration when you purchase a residential property. It is advisable that all home loan borrowers who purchase a property use a solicitor or a conveyancer to help with the purchase of a property for:

• Negotiating with a real estate agent or vendor
• Negotiating the purchase price
• Building Inspections
• Understanding the purchasing contract
• Exchanging of Contracts
• Importance of having an unconditional finance approval
• Payment of deposit
• Understand stamp duty costs and payment
• Understanding the legal costs

The detailed process of buying a property can cause high levels of frustration, uncertainty and delays so it is advisable to have a convenyancer help you through the process.