Doing your
homework
means you can
make informed
decisions.
Researching
the property
Doyourhomework
When you’ve found the property you
want to buy, it’s important to find out
as much as possible before you make an
offer. For example, a property inspection
report and LIM are helpful.
It may take a
while to find the
ideal property.
Understand issues
and hazards
Doing your homework
means you can make
informed decisions,
for example, you’ll
learn about any
significant repairs you
need to make.
Don’t make an offer on
a property before
seeking legal advice.
Making
an offer
Understand the
offerprocess
Use settled.govt.nz’s
Property Checker Tool
The offer process
will vary
depending on the
method of sale.
Understandthemulti-offerprocess
If another buyer also puts an offer on the
property you want, it becomes a multi-offer
process. Ask the agent to clearly explain the
process and make sure
you talk to your lawyer.
Ask for a
titlesearch
A record of title is essential.
It is specific to the address
you are looking at and
will tell you if there are
any restrictions against
the property.
You may
repeat the
offer process
several times
before you are
successful.
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