Where Do You Start with Due Diligence?

So you’re gearing up to buy your first home, but what do you need
to do as soon as you find a property you want to buy?


As a first home buyer, due diligence is one of the most important
parts of your property journey. The right due diligence can
prevent you from making avoidable mistakes and spending too much
on unnecessary fees as well!


This is why every property needs to be thoroughly evaluated
before you buy it and today, we’re going to make sure you know
where to start!


In this episode, we’re tackling the due diligence process. Once
you’ve found the property you want to buy, your job is not done!
You can’t simply hand things over to your conveyancer or
solicitor and expect every stone to be turned. It’s up to you to
make sure that you uncover any reasons why you might end up
regretting buying a property!


If you enjoy this episode, do give us a like, share it with
others who you know will benefit from the show and subscribe to
the podcast! We have loads of resources available and if you’d
like to talk with us directly, send us an email at
support@homebuyeracademy.com.au!


See you on the inside!


Episode Highlights:
Why thorough due diligence is incredibly crucial
[03:01] Avoid getting surprised by unexpected
special levies [05:46] Learn about flood zones and
overland flow [07:46] Understand what other kinds
of professionals you might need for inspections
[10:26] It is your job to learn about the property
through due diligence! [12:52] What can you do to
avoid making mistakes as a first home buyer?
[13:18] Every state has a different set of
mandatory disclosures [14:45] Think about the
potential future of surrounding developments
[16:17] Will you be able to benefit from
infrastructure projects if you purchase a certain property?
[18:21] Be aware of underground services near your
property [21:26] How about zoning certificates?
[24:50] Research the neighborhood you’re buying
from! [26:35] Should you rely on buying a property
online? [28:52] What else should you do for the
right due diligence? [31:20]

Link/s from the show:


The Bubble House in Ipswich, Queensland

Course Link



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Home Buyer Academy Website
(https://www.homebuyeracademy.com.au/)



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