Buying a residential property is an exciting milestone, but it’s important for buyers to proceed with caution. In most Australian jurisdictions, cooling-off periods provide buyers with a brief window to reconsider their decision after signing a contract. These periods act as a safeguard, helping to prevent impulsive purchases and allowing time for further due diligence. This article explores...

A conveyancing transaction involves transferring the 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 lawyer. Fees for conveyancing services across Australia can vary, and to save some money, people might...

Buying a property can be an intimidating process, especially at an auction where you are competing with other buyers and there is no cooling-off period. Many properties are sold at auction, particularly in a rising market, so it is important for buyers to understand the processes involved so they can bid confidently on the auction day. There are many things that need to be done before the...

Buying a first home has always been a financial challenge, but housing affordability in Australia has declined so much in recent decades that younger generations are struggling to gain entry to the property market at all. As a result, more parents wish to take practical steps to help their children step onto the property ladder. This article explores three common ways that parents can assist...

Buying a property with someone else is a great way to share the fun, stress, and cost of the venture. Often people buy a house with their significant other, to make a home or invest together. Others buy property with friends, relatives or business partners. Joining forces with someone else can increase your borrowing power, and pooling savings can bring a deposit within reach. However, there are...

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. In this article, we explore the importance of pre-settlement inspections, when and how to conduct them, buyers’ rights, what to look for, and how to deal with any...