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1)
which to choose. If you
elect to not employ the services of a lawyer, ensure the following: a) The land on which your home is being built is
fully paid for. Some developers may borrow against the land and in the event
that they become bankrupt the local authorities will reclaim this land and
consequently your house. b) If you are purchasing a property that requires
renovations, ensure you thoroughly check planning laws to ensure that
renovations are allowed on your property. c) Ensure the previous owner had no debts, as
these may become your responsibility. d) If you intend to rent your home, be sure that
this is legal. At this stage you will be required to make a deposit
or pay bond. If you are building or buying off a plan, you should not be
required to pay the full amount up front. Many factors may affect the length
between the signing of the preliminary contract to completion. Before signing
the contract ensure you enquire as to the exact processes that will occur in
regards to your home.
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