Recommended Professionals to have on your side!

Before buying a property, whether that is an investment or home which can be one’s biggest investment, it's important to have the right professionals on your team. Here are some key professionals to consider:

• Accountant: It's always best to talk to your accountant first especially if it is an investment property you plan to buy to ensure that you have the correct information before proceeding with your property search. They can provide important information about tax implications, GST, CGT, and land tax.

• Mortgage broker/financier: Before you start your property search, it's essential to check your financial situation and find out what your lending capability is. A good mortgage broker or financier can help ensure that your finances are in order and that the transaction goes through as smoothly as possible.

• Financial planner: If you're buying for investment purposes, especially within a self-managed superannuation fund (SMSF), a financial planner can be a great asset. They can help you set up your investment strategy so that it works for your retirement and discuss the benefits of having property within your SMSF.

• Solicitor/Conveyancer: Having the right solicitor or conveyancer is crucial. They will work with all the other professionals on your team to ensure that everyone is on the same page. Getting them on board before you sign any contracts is the best thing you can do.

• Licensed Buyer's Agent: A licensed buyer's agent can be a valuable resource in the real estate market. They can provide valuable advice that will make your property hunt more efficient and cost-effective. By working together, you can ensure that you find the right property without the stress and hassle of endless searching and overpaying.

Remember, communication is key. As the purchaser of the property, it's important to discuss your venture with all of these professionals and ensure that everyone is on the same page. You are the integral part of this process, after all, it is your money that you are spending.