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Friday, 2 September 2011

The Best Way To Exploit The Housing Market

By Jeff De Cleff


It looks that virtually overnight every Tom, Dick and Harriet has now become very knowledgeable about acquiring, selling and speculating on bricks and mortar.

But watching Hot Property, The Block and Grand Designs doesn't mechanically bestow on you an inherent sense of authority on everything auction, rebuilding or architecture related. Think about it: simply because you make dinner every second night of the week doesn't suggest that you should open up a diner.

With so many beginners basically out there, it seems the only things not safe from the people bidding on them, buying them and generally getting broke in the process are the houses themselves.

Because once the auctioneer has put into operation the one thing he recollected from Year 10 maths, and his Major Work project hammer comes down in bleak contrast to the exponentially inflated ultimate price, it is all too late.

You break it - you bought it. Your budget, that is.

If you haven't already sought information from a pro, now might be a good time.

I mean truly, you ought to have done this way before even turning up the local RSL club and registering for your fancy oversized number. Don't get me wrong, this is no Sotheby's but it's also no school raffle. This is the rest of your life. This is debt. Mortgage. Bills. This is grey hair.

So what should you be doing if you're reading this and you're a property virgin on the cusp of suburbia.

Get protection, naturally.

And by protection, I mean advice - from a financial advisor. Real information - this is Real Estate after all , isn't it?

What you need is a conveyancer. A conveyancer, strangely enough, specialises in conveyancing. And conveyancing - for the inexperienced - is the legal process of transferring a house from one owner to another.

So unless you are either a conveyancer yourself or have some sort of legal training, settling the contract and settling in to your brand new domestic dream will soon turn into a nightmare. Of the Elm Street variety.

You will not be settling in to a good sleep in a hurry nor without unnecessary expenses, headaches and anxiety.

A good conveyancing firm will offer you the expert information you need on everything to do with buying and selling a property, be it a personal dwelling, commercial shop front or perhaps an industrial factory.

Everything from the deposit, to first home purchasers ' grants, and transfer of title will be looked after with no hassle at all.

And they will even present you with the keys.




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