Buying a house for my mum

What To Expect When You Hire A Conveyancer

10 March 2023 by Joseph Jennings

You need conveyancing services when purchasing property. Unfortunately, most property buyers and developers do not know what to expect when they hire conveyancers. This predisposes them to make oversights as they seek conveyancing services. Below is an extensive guide on what to expect when you hire a conveyancer. 

Consultation

Once you find a conveyancer, they interview you to establish your needs and the services you could require. For instance, the conveyancer would want to know whether you have located a specific property. If you have, what kind of interactions have you had with the seller? Have you given any assurances? Have you asked for professional advice from your realtor or other real estate experts? This consultation helps the conveyancer determine what kind of help you need. 

Visit

If you have identified a property, the conveyancer conducts a casual visit to assess its location, amenities, and pricing. The visit helps the conveyancer establish your tastes and preferences. The professional then gives some insights to ensure you get value for your money. For instance, if you are not fixated on a particular locality, the conveyancer could recommend areas with cheaper and larger properties. Alternatively, the conveyancer could recommend rapidly growing areas. The conveyancer's primary objective is to ensure you compare different properties and offerings before settling on a specific property. If you have not found a particular property, the conveyancer presents various properties on sale that meet your basic criteria. 

Background Research

Once you settle on a property, the conveyancer conducts some background research to determine the following; 

• What is the property's history? You could be at an advantage if a renowned individual once occupied the property or if the property has historical significance.
• What is the property's current condition? Besides a physical inspection, the conveyancer hires professionals to examine the property's structural features.
• The conveyancer compares the building's blueprints against its current state to know whether it has undergone significant renovations.
• The conveyancer examines essential documents such as the title, occupation certificates, renovation permits, strata bylaws, swimming pool safety permits, pest inspections, and easement orders. These documents help the conveyancer determine the property's legal status. 

If the property does not have significant issues, the conveyancer counters the asking price. They then ask the seller for a contract of sale to formalise the deal. Usually, your conveyancer goes through various clauses to ensure the agreement protects your interests. For example, they could include a clause prohibiting the seller from accepting other offers before the closing date. The professional then helps you secure a mortgage. The final conveyancing phase is transferring the property ownership details to the buyer.

For more information, contact conveyancing services near you.

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