Buying
Property
If you are a purchaser of real estate,
it is common for you to be presented with a contract
that has been prepared by the vendors conveyancer. Such
contract should clearly set out what is being sold and
at what price.
It will be necessary for you to sign such
a contract, however prior to doing so we strongly suggest
that we personally discuss the matter with you in order
to protect your interests. Typically the following questions
arise: -
• Do you have the purchase funds?
• Will you be borrowing the money?
• Are there any GST, Land Tax & Stamp Duty
implications?
• Are you selling a property in order to buy this
one?
• Exactly what is being purchased?
• Is the property sold with vacant possession,
or is it subject to a tenancy?
• Is the property being auctioned?
Once you sign and the contract is exchanged
with the vendor you are generally "locked in"
to completing the transaction (subject to any cooling
off period).
During the conveyancing process a number
of searches and enquiries are carried out depending
upon the nature of the transaction. These searches and
enquiries are designed to protect your interests and
ensure you obtain a sound Title.
At the conclusion of the conveyancing
process settlement occurs where you receive the Certificate
of Title and keys to your new property.
Click
here to fill in an online quote form and we shall provide
you with an estimate of fees.
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