Buying Your New Home from Jenny Best Prestige

Searching for your new home

The first thing you will need to do when buying your new house is to do a little research on our local property market in the area in which you are interested in buying. We will show you a  range of homes within your price range. Use the jennybest.com.au website to assist you with finance, wealth creation, suburb profiles and extensive information on each property.

We'll find you the right home

When you find the right house, we'll prepare your contract, present your offer to the vendor and when accepted, refer it to your solicitor or conveyancer. They will check the contract for any special conditions that may apply with regard to the sale of the property.

You should also conduct at least two inspections on your chosen property. You will notice a lot more about the condition of the house on a second visit. Also, inspect the house at different times. This will give you a broader indication of the neighbourhood with regard to traffic, noise and other aspects of the local area. Our agent will assist you with inspections as required.

Legal and loan tips

When you have decided on the house you want to buy, you will need to settle on a purchase price. You will usually negotiate this with us and we'lll take your offer back to the vendor selling the property. If you can agree on a price, then you can pay a non-binding holding deposit.

Your next step is to have your solicitor go over the contract in detail and organise inspections of the property. These inspections should include a building inspection and a pest inspection.

You will also have to advise your lender of the purchase. If you are using a mortgage broker, you will advise them and they will notify the lender. The lender will have to approve the property and when this has been finalised; your solicitor will exchange contracts with the vendor.

Your solicitor or conveyancer will keep you advised on the progress of the purchase and they will advise you of what you will need to do next. This will include paying deposits etc. Just prior to settlement, you will conduct a final inspection of the property to ensure that everything is in order and that nothing has been taken that should be included with the property as outlined in the contract. Following this, you will be advised of the settlement and you will be able to pick up your key from the real estate agent.

Checklist before moving in

There are many things to do before you move into your new home. We've compiled a list below of some of the things that you will need to consider prior to moving into your new house.

• Arrange power, gas and phone connections.
• Book a removalist once you have a firm settlement date.
• Notify your change of address to RTA, insurance companies and other relevant organisations. You can do this simply through the Post Office.
• Arrange building and home and contents insurance.