Podcasts Business Your First Home Buyer Guide Podcast What Buyers Need to Know About Assessing a Property Before Purchase

What Buyers Need to Know About Assessing a Property Before Purchase

Published: Jan. 9, 2024, 6 p.m.

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In today\'s fast-paced real estate market, buyers often feel pressured by agents to make quick decisions, but how can you be sure you\'re not overlooking essential details in the rush? What are the key aspects to scrutinise in your contract to prevent future issues? We delve into these critical questions at the outset, highlighting why careful property assessment is crucial.

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To help us better navigate these waters, we\'re joined by Jennie Tonner, a seasoned professional in the field of conveyancing. With a career spanning over three decades, including significant experience in top Australian law firms, Jennie offers a unique perspective on what buyers should be aware of before signing on the dotted line.

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Tune in to find out why thorough property checks are more than just a checkbox in your home-buying journey.

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Episode Highlights:

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00:00 - Introduction

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02:02 - Who is Jennie Tonner?

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02:33 - Jennie explains the role of a conveyancer/lawyer in minimising risks for buyers

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03:54 - The differences in disclosure requirements across Australian states

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06:08 - The different roles of conveyancers

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11:37 - Weighing independent pre-purchase inspection reports and vendor-supplied ones

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13:43 - What conveyancers/lawyers do to help home buyers understand pre-purchase reports

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16:21 - Why should buyers consult a conveyancer before making an offer?

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18:47 - Don\\u2019t rely on strata reports from other units even if they\\u2019re within the same complex

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20:22 - Discussion on unapproved works

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22:59 - Identifying potential issues and ensuring proper contract terms with a conveyancer

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27:09 - Benefits of dealing with an experienced conveyancer

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32:22 - What\\u2019s NOT included in pre-purchase inspections

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38:41 - One thing Jennie wishes she knew as a first home buyer

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About Our Guest:

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Jennie Tonner is a qualified licensed conveyancer with 35 years of experience, which includes an impressive 18 years at two of Australia\'s leading law firms, King & Wood Mallesons and Allens Linklaters. She has an extensive understanding and expertise in all areas of conveyancing work, adeptly managing the sale or purchase of both commercial and residential properties throughout New South Wales for both vendors and purchasers.

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Connect with Jennie Tonner:

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Resources:

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If you enjoyed today\\u2019s podcast, don\\u2019t forget to subscribe, rate, and share the show! There\\u2019s more to come, so we hope to have you along with us on this journey!

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