Buying a property can be one of the most exciting — and stressful — things you’ll ever do. That’s why it helps to have the right people in your corner. From finding the perfect place to signing the contract and settling in, here’s a quick guide to the professionals who’ll support you along the way.
Unless you’re buying directly from the owner, you’ll be dealing with a real estate agent. They’re hired by the seller to market the property, manage open homes, and handle negotiations. While they work for the vendor, they can still be a helpful source of information.
Protecting your investment is key. Property and mortgage protection insurance can give you peace of mind if something unexpected happens. Your broker may be able to help arrange cover or point you to a trusted insurance expert.
These are the legal pros who make sure the ownership of your new home is transferred properly. They’ll draw up the contracts, handle the paperwork, and make sure everything meets the legal requirements in your state or territory.
Your lender will usually arrange for a professional valuer to assess the property’s market value. This helps determine how much they’re willing to lend, based on the condition of the home and recent local sales.
A pre-purchase inspection is a must. These reports can uncover costly structural issues or hidden pests that might otherwise go unnoticed. They can also give you the upper hand in negotiations if repairs are needed.
Unless you’re buying outright, you’ll need a lender — whether it’s a big bank, a smaller lender, or someone who specialises in unique situations (like self-employed buyers).
A good broker can be your biggest asset. They’ll look at your finances, understand your goals, and find a loan that fits. From application to settlement, they’ll do the heavy lifting and keep everything on track. When you’re working with professionals, make sure they’re properly accredited. Look for members of respected industry bodies like the MFAA, which ensures brokers meet high standards in experience, ethics, and ongoing training.
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