Buying or selling property is one of the most critical decisions in a person’s life, and perhaps the most bewildering too. Unless you’ve got a legal background, trying to sift through the minefield of legal paperwork, negotiations and calculations can be a daunting task best left to the professionals. Hiring a conveyancer lawyer means you can concentrate on the other important things like negotiating the sale of the property and working with your bank.
Here are some of the best reasons for using a conveyancer lawyer
There’s a tremendous amount of paperwork that needs to be read, researched and filed and trained lawyers have a broad scope of knowledge from their legal training to deal with the complex issues. When it comes to property law, they can advise on any potential problems that may arise during the conveying process. Often lawyers may need to work on contract terms and negotiate special conditions which only comes with specific training. Even missing one small detail in your paperwork could have had disastrous consequences, causing all sorts of headaches down the track in your new purchase.
Environmental and Land Issues
There can be circumstances about the land that may not have been addressed by the selling agent or are apparent from a simple inspection. Environmental issues hindering the property could also be evident and non-complying structures may be on the property that has not been discovered without a proper investigation. A conveyancing lawyer will have the resources and research about your local areas to do the appropriate searches to make sure you know what you are buying is exactly what you think you are buying.
Save You Money
Hiring a conveyancer or property lawyer can save you money. There can be costs involved which you may not be aware of through the conveyancing process like penalties if a purchaser does not settle on time. Or when a property may be worth less than you have been told because of potential undetected defects and restrictions.
Save You Time
Not only will a qualified conveyancing lawyer be able to read, research and file paperwork much more efficiently and quicker than you possibly could. Your settlement date could be delayed because of missing paperwork or issues with the bank. These can become extremely frustrating and confusing. A conveyancer lawyer has the ability in some cases to speed up the process with administrative roadblocks that are likely to occur along the way.
Up-to-date with New Legislation
A conveyancing lawyer must be up to date with any new government schemes, concession rates, and incentives which have been recently legislated and which could save buyers thousands of dollars. The last thing anyone wants after making a significant purchase decision is finding out the hard way; they could have received a concession.
Considering Buying A Property
If you’re still unsure, think about some questions for consideration when buying a property, and contact us so we can talk with you on your options:-
Do you know what sort of area you are buying into?
How do I know if there are any disputes with the neighbours?
Are there potential developments that could impact the value of your home in the future?
How do I know if the property is in good condition?
What if I have concerns about termites?
How do I know if structures such as carports and sheds are approved?
Who can help me with finance and where can I get my finance from?
How much stamp duty will I pay and what other costs will I incur?
Do I receive any government concessions for my first home?
Based in Maroochydore on the Sunshine Coast, SJP Law delivers legal advice and support with honesty and integrity.
Once you have decided to buy your property, we can then talk you through all of the essential issues to protect your interests in your property.