What should I check before signing a contract?
Beforesigning a contract, review key details such as price, deposit amount, and settlement period. Ensure any conditions, like finance approval or a buildingand pest inspection, are included. A conveyancer can help identify any hidden risks or unfavourable terms.
What searches should I conduct?
Buyers should conduct title, zoning, and flood risk searches, as well as check for easements or restrictions that could impact the property. These searches help uncover potential issues before committing to the purchase.
How does settlement work?
Settlement is the final step in the process, where legal ownership transfers from the seller to the buyer. Your conveyancer will coordinate with banks and government authorities to complete payments, register the title, and ensure all conditions are met before you take possession of the property.
