Checklist – ten things to remember when buying or selling real estate

Buying or selling real estate can be daunting if you are not familiar with the process. If managed appropriately, it should be a stress-free, enjoyable and exciting experience.

Here are ten important things to remember when you are buying or selling real estate.

1. You should understand the sale contract. This will usually mean having the contract reviewed and explained to you by your solicitor before you sign it. Quite often, it will be necessary for your solicitor to negotiate some of the terms of the contract for your protection.
2. The buyer should require that the contract is subject to their obtaining a satisfactory written report from a building inspector and a pest inspector.