Unwanted complications come up in a property transaction and most of the time it takes a lot of money to fix them. A conveyancer’s role is to basically help you avoid these stresses. So, attempting to do it yourself is a huge mistake and the risks associated with it are something that you don’t even want to imagine.
Talking about costs, just when you thought the deposit is the only one you have to deal with, there are other areas to consider and quite frankly, there’s a lot. You will realise the value of a conveyancer when you hire one especially when they start laying out the potential savings you didn’t even know were possible for you to make from all the conveyancing costs.
A concrete example would be an unexpected heritage overlay on the property that restricts any modifications and renovations to the building. An experienced conveyancer would alert you to this fact early on in the transaction process and that means you may have an option of backing out of the contract if necessary.
That way, A huge chunk of money is saved from going to unnecessary costs or loss of deposit.