Why should you be careful before signing contracts?

September 19, 2016

Before signing any contracts make sure you know what you are getting into as they are legally binding documents. It's better to be safe then sorry, follow these simple steps to avoid any confusions. 

 

Partner with a solicitor or conveyancer.

Choose the solicitor or conveyancer you'd like to work with prior to looking for your new home. This will allow you to act quickly once you find your ideal property. You will also know how much it will cost you in advance for their services, which can be factored into your buying budget.

 

Make sure all the necessary checks are done before signing.

Always get you building and pest inspection of the property prior to signing the contract. This will show up any defects, unapproved extensions or pest activity in the property, which can be expensive to fix. This can save you thousands of dollars before entering into a contract. 

 

Never sign a contract without having it reviewed it by professionals.

Doesn't matter how appealing a property is, always have the contract of sale reviewed by your legal representative, before signing it. Contracts are not always standard , and once you have signed it can be difficult and potentially costly to back out of the purchase.

 

Adding conditions to the contract.

When buying a property you might be able to put conditions, hence it is very important to have your solicitor or conveyancer review it. This can protect you as a buyer.

 

Follow these simple steps, and If you have any questions please feel free to call us 0487344352 

 

 

 

 

 

 

 

 

 

 

 

 

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