A property conveyancer can help those buying or selling property navigate the process with ease.
Trained in handling paperwork, finances, taxes, negotiations, and inspections, a property conveyancer will ensure that those new to the market won’t make any costly mistakes.
From helping first-time buyers and sellers to understand complicated terms and conditions to contacting key professionals on your behalf, Chamberlains has rounded up 5 advantages of hiring a property conveyancer below.
How can a conveyancer help me to purchase a property?
Purchasing property can prove daunting, especially for first-time buyers.
A property conveyancer will help to decode any unfamiliar legal jargon and will make the process hassle-free by handling the paperwork and unanticipated problems that may arise with the sale.
How can a conveyancer help me to sell a property?
In a similar fashion, a property conveyancer can also help you to sell the property. A property conveyancer will guide you through the process from signing the contract to arranging mortgage discharge and settlement.
It is the role of the property conveyancer to handle the banks, buyer, agent, and any issues which arise in regard to the contract and exchange.
How can a conveyancer help me to buy or sell retirement property?
Buying into or selling out of a retirement village comes with its very own set of laws. Thankfully, a property conveyancer can guide you through the process courtesy of their knowledge of the local and national rules.
If you hire a conveyancer in Australia, they can also act on your behalf when it comes to securing your rights and crunching the numbers.
What are the advantages of hiring a property conveyancer?
You will save money
One of the biggest advantages of hiring a property conveyancer is that the decision will save money in the long run. Signing documents and legally binding contracts shouldn’t be taken lightly and if you are inexperienced, it’s easy to make expensive mistakes.
Although hiring a property conveyancer will cost money in the beginning, it is sure to save you from paying out preventable costs further down the line.
You will save time
Buying and selling property is a time-consuming process with a large amount of paperwork involved.
If you’re busy balancing work and home life, hiring a property conveyancer will save valuable time. A conveyancer will contact and negotiate with the necessary people on your behalf and will ensure your paperwork is all in order.
A conveyancer will handle complicated legalities
Another advantage to hiring a property conveyancer is knowing that you’re in safe hands.
The legalities and paperwork that come with the transferral of ownership can prove challenging so having someone to draw up the appropriate documents on your behalf will save you from future headaches.
These legalities will vary depending upon where your circumstances are but are likely to cover the transfer of the Title of Ownership, Contract of Sale, and mortgage offers.
A conveyancer will organize your finances
Another bonus to hiring a property conveyancer is knowing that they can talk you through the financial side of the business.
There are lots of additional expenses tied in with purchasing and selling property such as stamp duty, search fees, registration fees, and insurance costs.
A property conveyancer can guide you through the process and will advise you on certain decisions whether that’s choosing the right mortgage or understanding the financial support on offer.
Property conveyancers can also decode seemingly complicated terms and conditions of contracts – a huge bonus for those new to the market.
A conveyancer will conduct thorough research
Once you have found a property that you wish to purchase, a property conveyancer can be hired to conduct thorough research into the building and its history.
This analysis includes looking into previous owners, and past problems with the infrastructure, and ensuring the property is not breaching the law.
This protects future owners from any hidden surprises once they receive the keys.
A conveyancer will handle real estate agents
Real estate agents play a large role in property transactions. But with a lack of experience, it can prove difficult for prospective homeowners to navigate the process.
Thankfully, a property conveyancer will be on hand to recommend a real estate agent and will ensure that you aren’t taken advantage of.
Chamberlains is home to some of the leading conveyancing lawyers in Australia. Visit us online to learn more about how our experts can clarify, organize, and streamline everything to ensure your property transaction is hassle-free.