Purchasing a property is a significant undertaking. One crucial step in the process that should not be overlooked is the pre-settlement inspection. This involves the buyer inspecting the property just prior to completing the purchase.

The Australian real estate market offers an array of opportunities for investment. A common type of real estate investment is residential property with existing tenants. This can be an appealing option for various reasons, including the benefit of receiving rental income immediately after purchase. However, these types of properties also come with their own set of considerations.

In the whirlwind of excitement that often accompanies the purchase of a residential property, it is still essential for buyers to be cautious. In most Australian jurisdictions, the law makes provision for a cooling-off period to allow home buyers to evaluate a decision made in the heat of the moment. These periods represent a crucial safeguard in real estate transactions.

Identifying and understanding easements in a property transaction is an important part of the conveyancing process.

A conveyancing transaction involves transferring legal title (ownership) of real estate from one party to another. For most people, buying or selling property is one of the highest-valued transactions they will ever make, and the legal work is usually referred to a licensed conveyancer or solicitor. But do you need one?

As with any property investment, there are pros and cons when buying off the plan, and key considerations to help prospective purchasers minimise risk and make informed decisions.

Building their own home is a dream for many people, but it can be a more intimidating prospect than simply buying an existing house. One of the first and most challenging steps is to find the right plot of land. Unfortunately, this task does not end when you find vacant land (a difficult enough task in many Australian locations). Before buying the parcel of land, it is crucial to understand the relative ease or difficulty involved in building on this land, as this can have a significant impact on the cost of the build.

Strata living has become a cornerstone of urban life, offering convenience and potentially more affordable housing options for many Australians. Living in a strata scheme can offer benefits such as shared amenities and a sense of belonging within a community. However, owning a strata unit is different from owning a freestanding house. It involves shared responsibilities and collective contributions to ensure the upkeep of community spaces. Due diligence and careful consideration are essential to ensure potential buyers can move forward confidently with a decision to purchase a strata unit.

Buying a home is an exciting milestone, but the legal jargon involved in contracts and the conveyancing process can be overwhelming, especially for first-time buyers.