Buying a house is a big commitment, not only in terms of the costs but you will also be responsible for anything that goes wrong, such as a burst water pipe, a broken door or even simply pest control. It is important that you know the ins and outs of the property you are buying to ensure there are no hidden nasties down the track.
Before signing a contract it can help to talk to a solicitor who will discuss your needs and concerns with you. What drew you to the property? Is it that you can dig a pool for the children or build a shed for the big boys toys? IF you have something specific in mind, it may be a good idea to undertake some searches to ensure you can bring your dream to life.
Ensuring that your contact is conditional upon you obtaining finance, a satisfactory building and pest report (to check for any deficiencies and termites) and any other searches is important and it is just as important that you comply with any dates of the contract to prevent the seller pulling out of the contract.
Here is a checklist of things to consider when buying a house:-
Have I got pre-approval of finance and is the contract conditional upon me obtaining finance
Is the contract conditional upon a satisfactory building and pest report?
Have you got immediate access to the funds to cover the deposit and is it paid in time?
Have you arranged insurance? (you are liable from the business day after the contract is executed);
Have you left enough time to organize, receive and consider any searches before settlement?
Have you got the funds to cover stamp duty and transfer costs?
Buying a house is stressful and the team of Richard Zande & Associates aim to take away as much of the stress as possible to leave you to enjoy the process.
Selling A House
Selling can be just as stressful as buying, you have had open houses, looking for a new place and packing. The good news is that you don’t have to worry about getting searches or making enquiries. You just need to make sure, if you are releasing a mortgage, that there are enough funds to ensure that your mortgagee will release the property.
Before signing a Contract to sell it may be useful to have a Solicitor to look over your contract to ensure that you understand the ramifications of any clauses and special conditions and to discuss any of your needs through the process.
We liaise with the buyer's solicitor, the agent and your bank to ensure a smooth transition through the process and ensure that you remain updated in all aspects of the process.