By Louise MacCallaugh - 24 Aug 2012
As consumers we all want to get the best deal, particularly when
we're house hunting. Negotiations between buyer and seller can get
intense and every last penny becomes critical. You'd rather
pay a little extra for the house than spend it on conveyancing
costs, right?
It's human nature to want to get a bargain. But beware of
places that appear to offer very cheap
conveyancing.
When you're looking for a conveyancer and making your enquiries,
make sure you ask:
- What the all inclusive price is (including GST
and all disbursements);
- What the price excludes. For
example, things like reviewing your LIM or assisting you with your
KiwiSaver withdrawal application can often be additional extras, as
can trustee and company resolutions if you are buying the property
in the name of a trust or company. Also, the price may not
include any extra negotiations required if, for example, you
discover an issue during your final inspection that you want the
vendor to rectify prior to settlement.
- Whether the estimate includes a full title
review. Don't under-estimate what the title might
show. For example, what you had been led to believe was a
simple drainage easement, may in fact involve a large pipeline
through the property that you can't build over (there go your plans
for a man shed!)
Contact Martelli McKegg when you're looking to buy or sell
property. We offer clear, easy to understand advice and an all
inclusive fee.
For more information please contact:
Louise
MacCallaugh
Melissa
Clark