> How can I minimise the risks?

In many countries overseas, buying a home is a lengthy, time consuming and stressful process because lawyers and lenders go to great lengths and put you, the purchaser, to great expense to investigate legal matters to avoid these risks. They employ a surveyor to identify the boundaries and make sure there are no encroachments. They get information from a large number of public authorities to find out if there are any records that may affect the use of the property.

In the U.K. and across the Tasman in N.S.W., you're not committed to purchase until the lawyers "exchange contracts".

Fortunately, lawyers in New Zealand have come up with a better and more certain way to buy a home - but with this ease of purchase comes increased risk and the risk is carried by you - the home buyer.

< Back to Home Buyers and Sellers