Preparation Work Is Never Fun But Can Save You Time, Stress and Money

There are a few things you can do as a First Home Buyer to save you time, stress and money when purchasing your first property. We have outlined our 6 step process as a guide to help you:

1.  Speak to a Finance Broker or Banker to establish what property price bracket you can purchase in, the deposit required to be paid upon the Agreement for Sale and Purchase becoming unconditional together with the repayments of the mortgage you can afford. But remember when the Real Estate Agent prepares your Agreement for Sale and Purchase you make it subject to you getting Finance on terms and conditions satisfactory to you. This is important as a Pre-Approval of Finance does not constitute an unconditional Finance Approval.

2.  Now is the time to start shopping for your Dream Home. Stick to your price range, Think of the type of home you are looking for, the location and amenities required by you and your family.

3.  Once you have found your Dream Home, ensure that the Agreement prepared by the Real Estate Agent is checked by your Conveyancing Practitioner to ensure the conditions protect your interest prior to you signing.

4.  Your Conveyancing Practitioner will hold your hand throughout the process from conditional, unconditional, settlement and possession and after settlement.

5.  Once settlement has been completed have a moving checklist made to cover contents and insurance, redirectional on mail, transfer of phone, power and gas, together with other contacts.

6.  Following settlement your Conveyancing Practitioner will provide you with a copy of the Title together with the Mortgage Instrument showing the property registered in your name, final settlement statement and tax invoice, plus Notice of Sale to the relevant Council with rates paid.

For our detailed guide please visit http://www.propertyconveyancingservices.com/home-buyers-guide.html or contact Kim or Wendy on 0800 2 87878 Cheers Kim