What are the risks involved when buying and selling in the same market?
Buying a home unit off the plan is not all that it seems. There are many risks involved which buyers may not be aware of.
Purchasing a property is a very big investment so Purchasers should do their due diligence prior to signing the Contract for Sale (“Contract”) and also during the purchase process.
There are many issues which could arise when entering into a sale or to purchase a Contract for Sale. It is critical for individuals and companies to seek legal advice before entering into a Contract for Sale to avoid certain issues.
The legal work involved in preparing a sales contract, mortgage or other property related documents, is called conveyancing. While you can do your own conveyancing, most people engage a licensed conveyancer or solicitor to simplify the process.