Looking for a new house can be tough. You have to look at the real estate market and scour for so many available properties, but the job doesn’t end when you finally found the right house. Before you can buy that property, there’s a lot of paperwork you have to go through and lots of legal stuff that can be cumbersome. This is why many home buyers hire conveyancers.
Conveyancing is simply the legal process of transferring the ownership of a property. It is a transaction between a buyer and a seller that is usually facilitated by a conveyancer. The transaction involves preparation, execution, and verification of documents involved in buying and selling a real estate property.
Because this legal procedure is taxing to ordinary people, who are not familiar with real estate market ins and outs, it is always recommended to hire someone who can walk you through the entire process.
What Conveyancers Do
Conveyancers are professionals who conduct the conveyancing process. You can always do without their help, but it would take you a much longer time and you will have to trouble yourself with some legal stuff that you cannot afford to miss out.
That is why the first thing to do if you’re out there wanting to buy a house or a property is to look for a conveyancer. He makes the job easier by doing the following:
- Prepare and verify legal documents involved in sale or transfer of property
- Look for information about the property, check its title (for instance, to find out what type of title it is), assess the condition of the property
- Compute taxes and rates
- Execute settlement transactions
This is a simplistic enumeration of what a conveyancer does. In real life, their job can be cumbersome. If you do their job, you’d be irked.
Finding a Conveyancer
Conveyancers or solicitors are just like other professionals. There are reliable people in the field, and there are dishonest scumbags that rip their clients off. It’s difficult to find the right person in the field if this is the first time you’re finding one.
Ask friends who have bought or sold properties before through a conveyancer. Find out if the person they hired to facilitate transactions was reliable.
Look online for companies or agents who provide conveyancing services. Guess what. There are a lot of them. That’s how businesses gain exposure nowadays. So hunt for them on the web. But don’t forget to watch out for reviews.
Visit the Council for Licensed Conveyancers.
Check out what properties they specialise in. Some people are more familiar with commercial properties. Others, residential properties. Find the professional with keen experience in sale or transfer of properties similar to what you’re interested in selling or buying now.
Contact a potential conveyancer. Don’t make arrangements right away. You can always sort out dishonest people from the good ones during the interview.
Most importantly, make sure he or she is experienced and has license or certifications to show you. Honest professionals don’t mind showing you their credentials.
Advice: Although you may feel awkward asking questions and you may appear to be rude, ask the important questions anyway. This will reduce your risk of having to work with a ridiculously unreliable conveyancer who’ll represent you in the transactions. Ask what property he or she specialises in. Ask about his or her credentials, fees and rates, experience, and educational background. Ask about how long it takes him or her to execute the sale or purchase or transfer and when you can move to the property.
Tip: Pay attention to how they answer or converse with you? Are they approachable, courteous, and jovial? Or do they sound like someone who’s sick of their job?