Did you know that getting the right legal advice when purchasing property is critical to your success as a first home buyer?

In this episode, we’re going to be delving into the legal side of buying your first home. What’s in a contract? What’s NOT in a contract? What questions should you be asking your conveyancer or lawyer?

We answer all those questions and more so tune in to today’s episode!

See you on the inside!

 

Episode Highlights:

1. Why a buyer needs legal advice and when to get it [03:33]
2. The difference in vendor disclosures in the NSW versus other states [06:33]
3. Knowing what to ask your conveyancer is important to get the right searches [08:11]
4. The differences (and similarities) between lawyers and conveyancers [10:37]
1. Challenges people face when going for the cheapest option [12:36]


5. The biggest financial commitment as a first home buyer [15:20]
6. Acquiring a 66W certificate to waive the cool off period in NSW and to waive it in other states [16:51]
7. Conditional contracts versus Unconditional contracts [17:55]
1. The Sunset Clause [19:25]
2. Some first home buyers get caught up in government benefits for buying off-the-plan [24:04]
3. Your schedule of finishes should have brand names [24:41]


8. What happens when you sign a contract with a cooling-off period? [28:14]
1. A look into gazumping [29:49]


9. Mistakes first home buyers often make [34:02]
10. Veronica’s story about a vendor who wasn’t prepared to meet the market [38:43]
11. Getting pest and building inspection reports [42:25]
12. Advice for first home buyers looking for the right conveyancer [44:09]

 

Link/s from the show:

• Check out our Where to Buy workshop!
• Register for our June 19th Stepping Stone Workshop at https://homebuyeracademy.com.au/ssw! 

 

About our guest:

Jennie Tonner has more than 30 years of experience with two of Australia’s leading law firms: Mallesons Stephen Jaques and Allens Arthur Robinson, and has been running Cremorne Conveyancing for nearly 7 years.

• Learn more about Cremorne Conveyancing

 

Connect With Us:

• Home Buyer Academy Website (https://www.homebuyeracademy.com.au/)

 

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

 

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