03 May Purchasing a Mortgagee Property
Mortgagee listings have increased significantly over the past year. As a potential purchaser of a mortgagee property, you should do your homework on the property before the auction or submitting an offer.
Your conveyancing lawyer or solicitor should always review the legal documents and you should clarify your level of risk, should you proceed with the purchase with the property purchase.
Property or House Transfer: A property transfer occurs when money or the ownership title on a piece of property, such as a house or parcel of land, changes hands.