Some aspects of building a home can feel unfamiliar and overwhelming.
Most buyers begin by looking for a block of land, visiting a display home or choosing a floorplan. While all these steps become important in time, they aren’t ideal places to start.
With so much to consider, it’s important to first find a team of experts to provide the right advice and skills for the build journey ahead.
Buyers with the right team can save enormous amounts of time and money while reducing stress as much as possible.
Many home-buyers learn quickly that they require conveyancing services to help with land settlement. However, many don’t understand the importance of and strategy to, finding the right conveyancing professional.
When it comes to signing important, legally binding contracts for a purchase, buyers need to understand the legal jargon so they can understand to what they are agreeing. Two types of conveyancing professionals can assist with this: a real estate conveyancer and a solicitor who specialises in conveyancing.
Real estate conveyancers are not lawyers but specialise in property, so they have extensive knowledge about the industry. Conveyancers generally charge less than solicitors, who in contrast have extensive general knowledge of the law, which may be beneficial to instances of any legal issues outside of the conveyancing process.
Buyers should choose solicitors who specialise in property conveyancing.
The reputation and character of selected professional is also very important. They must provide timely, clear communication in particular.
Securing the right finance is also key aspect to building a new home.
Depending on personal situations and lending histories, buyers may wish to approach a bank directly or speak with a mortgage broker.
Speaking with a broker can help expose a variety of lending options. Although all brokers operate on the same philosophy, the service offered can vary significantly, so it’s vital that buyers do their homework.
The best mortgage brokers have access to an extensive panel of lenders and ideally specialise in construction finance.
The broker should also have in-depth understanding of lender and builder requirements because delays and penalties are common traps for buyers who arrange their finance through unspecialised lenders.
Anyone unsure about finding the right conveyancing professional and mortgage broker should consider partnering with a build advocate from the beginning to achieve the best outcome.
A build advocate is an industry professional who supports buyers and investors through the new-build process.
Geelong’s Rebecca and Steven Hall pioneered the build advocate concept with the successful launch of Ninedots Consulting in 2013.
Ninedots was established to help buyers expertly navigate the build process with ease. The business has since been the strength behind many successful new builds across Geelong.
From support with sourcing and engaging a professional team to finding the ideal block of land, sourcing the best-fit builder, and project-managing the build through to completion, Ninedots supports clients every step of the way with unparalleled expertise and ongoing guidance.
Whether it’s a volume-build design, a partial or fully customised home, or single or
multiple townhouses or units, Ninedots takes the stress and unknown out of the process to save clients time and money while delivering an optimal build outcome.
“We help clients to find their best fit builder while negotiating on their behalf across the areas of pricing, inclusions and contract conditions,” Rebecca says.
“Our project management includes weekly contact with builders and fortnightly site inspections providing clients with the ultimate peace of mind allowing them to enjoy their build experience”
Although frequently assisting time-poor professionals, Ninedots has been structured to ensure support is affordable and accessible for first-home buyers and others on tight budgets.
“For a stress-free, enjoyable build experience, build your team before you start building your home,” Rebecca says.
Ninedots Consulting services include: construction finance coordination; conveyancing coordination; quote reviews and comparisons; contract and documentation reviews; land sourcing; subdivision; builder selection; project management; building inspections; investment support with coordination of property management and depreciation reports; and residential construction consulting.