Are you a first home buyer in New Zealand looking to understand the home buying process? Look no further!

Buying a home is a significant milestone, and it can be a daunting and overwhelming experience, especially for first-time buyers. However, by understanding the steps involved in the home buying process, you can navigate the journey with confidence and ease.

First, we suggest getting in touch with us as early as possible so that we can get all of initial client onboarding and ID requirements out of the way. It also helps to have an initial chat so that we can get an understanding of where you are at in the process – don’t hesitate to give us a call!

Second, it’s essential to research the market and determine your budget and property needs. A first point of call at this stage can be to get in touch with your bank or broker and start running the numbers so that you have more of an idea as to numbers and budget. This will help you narrow down your search and focus on properties that meet your requirements.

Once you have found a property you’d like to pursue, get in touch with us. In most cases, the Real Estate Agent will draft the Agreement for Sale and Purchase for you (unless it’s a private sale). The Sale and Purchase is a legally binding contract that outlines the terms and conditions of the sale, including the purchase price, settlement date, and any special conditions. We’re more than happy to review and run through the Agreement for Sale and Purchase with you, to ensure all required conditions and so forth have been included, before you sign on the dotted line.

It’s also really important to ensure that you remember to allow sufficient time for conditions and settlement – Kiwisaver can take up to 15 working days to withdraw so we need to allow time for this, especially if you need your Kiwisaver funds for your deposit.

We’ll take care of the conveyancing legalities, carry out searching and reviewing of the title, reviewing and reporting on the LIM (Land Information Memorandum), working through necessary due diligence with you, preparing the necessary documents, completing bank documentation and drawdown of funds, and completing registration of the mortgage transfer of title with Land Information New Zealand (LINZ). We always keep you informed along the way and try to keep the process as easy to understand as possible – we pride ourselves in giving friendly, plain English and easy to understand advice!

Once the conveyancing process is complete, and the ownership of the property has been transferred, you will be able to pick up the keys, take possession of the property and move in – woohoo!

In conclusion, the home buying process involves a number of steps, from researching the market and finding the right property to signing the sale and purchase agreement and completing the conveyancing process. We’ll help you navigate your journey with confidence and ease.

First home buyer? Give us a call or contact us here

📞 09 835 4206