The process of buying property is a bit like running a marathon, but with the right advice, preparation and determination, you can make the impossible possible.
While we all know that a real estate agent is key to finding a home, they are not the only property professional you should be employing.
To get you over the finish line, you'll need an expert legal advisor, someone in your corner who understands how property law applies to your unique situation and someone you can trust, says Sam Almaliki, CEO of Settle Easy.
We ask him about the experts you need in your court.
Who are the experts in this field?
Buying property is one of the biggest financial decisions you'll ever make in your lifetime so it makes sense to seek some expert counsel along the way.
Conveyancers, property lawyers and conveyancing solicitors are all property law experts who can help you understand your legal obligations, explain what your contract really means before you sign this legally binding document and answer all your questions so you'll know exactly what you're getting yourself into.
In short, these specialists can help you complete your real estate transaction and help you avoid common pitfalls that can come with transferring property between parties - it's risk mitigation that can save you time, stress and a whole lot of money.
What are some of the ways they can help you?
There are a myriad of areas where these experts can help.
It could be in explaining why you need insurance as soon as you and the seller have signed the contract of sale or calculating stamp duty and other conveyancing costs.
Then there is advice on determining whether you are eligible for any government grants or concessions or simply staying across every step of the conveyancing process.
Do they bring any other skills?
Apart from their in-depth knowledge of property law, people who work as property lawyers and conveyancing professionals are usually adept at engaging with the other parties involved in the transaction.
They tend to be excellent communicators who have developed relationships with real estate agents, banks and others in the property ecosystem and can ensure your conveyancing transaction runs as smoothly as possible.
