So you managed to navigate the property market and find a home or investment opportunity! But now comes the next step and it is vital you have a good understanding of the requirements and regulations that apply to your impending purchase. It is important to have all the necessary information when buying or selling:
That's where the role of a property lawyer comes in - someone who can help ensure that your conveyance goes smoothly and knows the laws that relate to the purchase or settlement of a home or company property.
Here are some things to keep in mind when looking for a conveyancer before you make your property transaction and before you leap and pay a deposit!
What does a conveyancer do?
When buying or selling a home and signing that contract - it's important to use a Property Lawyer that specialises in conveyancing. Property Lawyers are experts and professionals in conveyancing and property law experience who will help and support you to navigate the process smoothly and avoid any mistakes or delays. In essence, a Property Lawyer takes buyers and sellers through the conveyancing process, which includes:
- Contract review and required paperwork and documentation in accordance with Victorian laws.
- Transfer of property or properties.
- Protection of buyer and seller rights and best interests.
- Settlement process
- Ensuring correct calculation of stamp duty.
- Title Searches.
- The knowledge to decode any jargon and ensure you understand your obligations
- Answer your property law questions
- Work with the bank, lender and mortgage broker to ensure funds from the property sale and property transfer settles with efficiency.
Can I do the conveyancing myself?
“While some people do their own conveyancing, it is highly recommended that you don’t as there is a high level of risk associated with doing this as a small oversight could cost you large sums of money.” Said Lynda Sanders from Dixon & Sanders Lawyers.
By using property conveyancing services for property transfers, you will have the confidence that all the details of the sale will be handled correctly and without any hassles. It's essential to be aware of the risks of not hiring a property lawyer prior to signing a contract. If you decide to go ahead with purchasing or selling your home without first consulting one, be sure to understand all the implications of doing so. Most Melbourne real estate agents recommend using property lawyers or conveyancing lawyers to ensure you abide by Victoria state laws and protect yourself.
As well, choose your conveyancer carefully as the quality of the conveyancer could also be the difference in thousands of dollars wasted. Experienced conveyancers are used to dealing with a range of real estate agents and will know exactly what to do to get the best deal for you. In most cases, property lawyers will charge a fee for their services, but the benefits of using one are priceless. Their fee is a very small investment in protecting your best interests, especially when it is compared to the cost of the asset being purchased. Whether it is for a commercial property settlement for a business or a home in a suburb, the conveyancing team with good communication takes the stress for all parties.
Another Reason for hiring a Conveyancer when Selling a Home
When selling a home, it's always important to use Property Lawyers for your conveyancing. They can help you with everything from finding an estate agent to organising the sale process. They can also provide all manner of valuable advice during the negotiation stage of the sale. To make the process as smooth and fast as possible, choose a conveyancer with expertise in your specific area of law. That's why it's always a good idea to consult with a conveyancer before buying or selling a home to ensure that all your needs will be met.
How to choose a Conveyancer in Williamstown
Whether you are in looking to buy or you own a home you want to sell in Williamstown, Newport or Altona, it's always good, where possible, to choose someone that you feel comfortable with and is accessible for your questions and calls. Make sure you get a good sense of their skills and credentials by checking their online reviews. These reviews will tell a story about the conveyancer and their team and you will quickly see if they stack up to your expectations or if they have had issues with their clients in the past. Once you've selected someone, make sure to get their contact information so you can start the process of hiring them.
Conveyancing is really a non-negotiable given the investment
Therefore, buying a house, commercial property or any property investment is one of the most important financial decisions you will ever make. But you have to be careful about making the wrong decision when it comes to these matters, because, trust us, it can affect your credit for years to come. Conveyancers map out all the documents related to owners and family property interests. They guide you through every step of buying and selling a property. If you cannot justify the cost of hiring a conveyancer, then potentially you should reconsider the purchase you are about to make. Find a conveyancer that provides quality service and ask for a quote from multiple conveyancers so you can compare prices, costs and any fees and their services.
Talk to Dixon & Sanders Lawyers about your Conveyancing needs
Lynda and the team at Dixon & Sanders Lawyers have helped many of their clients with their detailed and thorough approach, saving clients time and money. They have over 130 Google Reviews with a 5-Star Rating. They provide conveyancing services locally in Williamstown, Newport, Yarraville and beyond across Melbourne. Call today to discuss your planned property purchase. If you need assistance with other matters, Dixon Sanders can also help you with wills and the acquisition of businesses. When it comes to your best interests, Lynda and the team care about getting you the outcomes you want to achieve your dreams.
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