Buying a property is a huge investment and this is reason why many people get tempted to save some money by doing the conveyancing themselves. If you are aware of the conveyancing process and are comfortable dealing with the legal matters, doing it yourself will help you save a lot. However, if you are a first time buyer and have never done such huge paperwork, hiring a conveyancing firm in Sydney will be a safer and smarter decision. Property transactions are more complicated than what they sound and therefore, we at Strictly Conveyancing strongly recommend that you should not try doing it yourself. Here are some major issues that you may face if you try to save money:
You may invite a huge financial liability
Buying a property requires a lot of legal compliance and paperwork. Even a small mistake can land you up in trouble and the other party may sue you for personally. For major mistakes, you may invite legal actions and may even have to pay a huge compensation pay-out. Don’t you think hiring a conveyancing Sydney firm is an economically safer option? They are professionally trained and licensed people who are well aware of the legalities involved in property transactions. They will therefore, ensure that the entire process is free of any error. Even if they do, they will be liable for it and NOT YOU.
You may not be able to dedicate the required time
Conveyancing is a time consuming task. It’s not just about signing a contract; it involves a lot of legalities that you may not be aware of. There are many documents that needs to be completed and lots of issues that needs to be handled. If you are a full time professional, you may not be able to dedicate the time required to fill up lots of forms and handle all the paperwork. Hiring a solicitor will ease your work. He will handle everything for you. No paperwork stress, no stress of negotiating with the other party; your conveyancing Sydneyfirm will be the one who will handle the entire responsibility, thereby freeing you for other priorities of your life. They will keep you updated with the proceedings. If you are too busy, choose online conveyancing so that you don’t have to waste time travelling down to the office of the solicitor.
You may land up in serious trouble
Can you actually determine if the seller is not cheating you? Do you have the right knowledge to judge the property contract? Are you prepared to handle the conflict of interests? Believe it or not, ensuring a safe property transaction is very difficult these days. There are frauds all around and if you don’t want to be a victim of a scam, hire a conveyancing Sydney firm right from the beginning. Paying them is better than taking huge financial risk.
Read our other blogs on conveyancing for more details. If you are looking for a genuine and experienced conveyancer who can provide you accurate legal advice and ensure a smooth and safe property transaction, choose us. We are certified professionals and are a better bet than others. Call us at (02) 9630 5553 for an appointment.