Josefina Norma Mata Diaz
Purchaser Checklist
Purchasing your property is usually your
biggest financial investment. Diaz & Diaz, Lawyers makes
sure the process is as smooth as possible. At the same time
our primary job is to protect your interests and make sure you fully understand
the transaction. The following is a Diaz 10
Point buying checklist involved in a purchase of property.
1. Obtain
pre-approval from Lender.
This will assist you to set your finance parameters of what you can afford to buy.
2.
Select a Solicitor.
It is important to choose a Solicitor who has experience in property law and can explain the legal aspects of the Contract to you.
3. Find
Property, factor location, amenities, area of the property.
4. Have lawyer
review Contract carefully.
A contract is an important legal document that contains information regarding the property you are purchasing as well as your obligations as a purchaser under the Contract.
5. Calculate all
estimated expenses including stamp duty, insurance, levy adjustments.
6. Do professional
property inspections such as Building & Pest Reports
This can potentially save you a great deal of expense by allowing you to have a professional opinion as to the state of the property.
7. Arrange
formal loan approval.
8. Finalize
negotiations on terms of Contract such as Price, and settlement dates
9. Finalize
unconditional formal loan approval from your lender.
This approval will usually have the property details, loan amount, and interest rate details.
For more information please contact Jess Diaz, Solicitor at Diaz & Diaz, Lawyers on 9831 5278.
DiazLawyers
Level 1 97 Main Street
Blacktown NSW 2148
Telephone
(02) 9831 5278
DISCLAIMER:
The information contained in this guideline is a summary only without any assumption of a duty of care by Diaz & Diaz. The summary is not intended to be nor should it be relied on as a substitute for legal or other professional advice. Under no circumstances will Diaz & Diaz be liable for any incidental, special or consequential damages, including damages for loss of business or other profits arising in relation to use of this guideline. Any person buying or selling property should consult a Solicitor for their particular circumstances.
Liability limited by a scheme approved under Professional Standards Legislation.