Somerville Office
Phone 03 5977 5111
6D Eramosa Road East, Somerville, Victoria (See Map)
chris@walshconveyancing.com.au
First Homebuyers - Navigating the purchase of your first home
Buying your first home is an exciting time, but it can also be challenging if you don’t know where to start.
Understanding the home buying process and real estate terminology can be difficult. And, with property prices high in many parts of the country, buying a home can be very expensive so it’s important to get it right and understand factors like the purchase price, repayments, and possible concessions.
Key strategies to purchasing your first home
- Setting a budget
- What grants and incentives are available for first home buyers?
- How to get a home loan and apply for a mortgage
- How to find the right property
- Understanding how the home buying process works
- Having an amazing conveyancer
Why you need a conveyancer?
A first home buyer needs a conveyancer as purchasing your first home can be a complex legal and financial process.
- Conveyancers handle the legal process of transferring property ownership from seller to buyer
- They review the Contract of Sale and Vendor's Statement (Section 32) to identify any unusual conditions, zoning issues, easements or covenants that may affect the property
- You conveyancer keeps track of colling-off periods, finance approval dates and settlement date
- They'll liaise with the seller's conveyancer, banks or mortgage brokers
- They can assist with applying for government grants and stam duty concessions
- Prepare settlement statements, adjust for rates and taxes and ensure the settlement runs smoothly.
Kind Words
Being first home buyers Chris has made this new and unknown experience a smooth and very easy process!
Any questions was no silly one. She is an expert in the field and picked up on documents that were not disclosed.
Highly recommend Walsh Conveyancing.
An overall amazing person too!
Amelia - July 2025