5 QUESTIONS TO ASK BEFORE BUYING A HOUSE
Before you take the leap and make what may become the biggest purchases of your life, there are a few crucial questions to consider when buying a house.
Here are 5 important points you need to know before you sign a new house and land contract in Queensland:
5 QUESTIONS TO ASK BEFORE BUYING A HOUSE
Do I have sufficient funds to complete the purchase and do I need to make the contract subject to finance approval?
What are the legal costs for conveying the property into my name?
What Transfer Duty and Titles Office registration fees will I need to pay?
How old is the house and other improvements on the property? Have they been approved and inspected by the local Council?
Do I need to add any special conditions to the contract? For example: a settlement subject to confirmation of Council approval and final inspections or the sale of my property…
5 STEPS AFTER SIGNING A CONTRACT FOR BUYING A HOUSE
Once you’ve committed to the purchase and signed the contract here are 5 steps you need to take immediately
pay any deposit on the due date
send a copy of the signed contract to your financier to start the formal application for finance approval
engage the services of a building inspector if the contract is subject to a building and pest inspection
arrange for building insurance cover to start straight away if the property is a house
engage the services of a solicitor to do the conveyancing for you
For professional service from Brisbane’s most experienced conveyancing solicitor John Horrocks contact Horrocks Solicitors today for a fixed quote or a free contact review. Phone 07 3013 2300 or email admin@rivercityconveyancing.com.au.
