Turn your property purchase journey into a joyful adventure!

The 9 pillars of a successful property purchase

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Step 1: Protect your property investment

  • Are you ready to embark on the exciting journey of finding your dream home? We know it can feel overwhelming, but with our expert guidance and these simple steps, you can turn the daunting task of buying a property into a joyful experience! Trust us to help you protect your investment and make the process as smooth as possible. Don't wait any longer, click here to download Ross Holmes Lawyers Guide Turn your property purchase journey into a joyful adventure! and our fees chart and start your journey toward the home of your dreams!

    Are you ready to become a real-life detective? It's time to put on your inspector hat and get ready to snoop around your potential new home! Before you sign any agreement, make sure to schedule an inspection to check that everything is in tip-top shape. Bring your trusty flashlight, and get ready to uncover any hidden secrets. Check the dishwasher, turn on all the lights, and make sure the hot water cylinder is doing its job. You don't want any surprises popping up after you've signed on the dotted line! So, channel your inner Sherlock Holmes and do a thorough investigation of your new abode. Who knows, you might even find a secret passageway or hidden room - now that's a real estate win!

  • Let's make this more fun! Buying a property is like a treasure hunt - you want to make sure you find the perfect gem. As part of your hunt, make sure to include some essential conditions in your agreement. Think of them like checkpoints along the way to ensure you don't stumble across any nasty surprises. You'll want to get a LIM report and the complete Council file on the property to see if there are any hazards or restrictions on the property. Plus, a builder's report will help you identify any issues with the structure of the property. And don't forget about a valuer’s report and a toxicology report - you don't want any hidden surprises like meth contamination! To make sure you're completely satisfied with your purchase, we recommend adding a clause that gives you 12 working days to do your due diligence and back out if you're not satisfied. You're on a quest to find the right property, and these conditions are like your trusty map to guide you along the way. You can never be too careful when it comes to your new home!

  • Alright, it's time to seal the deal! If you're working with an agent, they'll be the ones to prepare the agreement that gets you one step closer to your new home. But, before you sign on the dotted line, make sure to get that agreement checked out by your lawyer to avoid any nasty surprises.

    Remember, don't sign unless you're absolutely sure that this is the property you want to make your own!

    Let's get ready to do a happy dance because your dream home is just within reach!

Step 2: Prepare for your purchase

  • Managing loans may not sound like the most thrilling part of buying a house, but trust us, it's worth it! First things first, let's explore all your options to find the loan that works best for your unique needs and budget. And don't stop there, because you can always negotiate with lenders to get the best possible finance terms. It's like a game of Monopoly, but with real money and a much bigger prize - the keys to your very own home! So let's get strategic and find the perfect loan that will get you closer to your ultimate goal! Read Ross Holmes Lawyers Guide to mortgages and borrowing..

  • If you’re a New Zealand citizen, it's time to coordinate and conquer! If you're eligible for a Kiwi-saver or First Home Loan, take advantage of these awesome opportunities because they can give you a serious purchasing power boost! You also need to arrange and document any family loans. It's like a one-two punch that will have you dancing all the way to your new home sweet home! So let's coordinate those loans, unleash your financial superhero powers, and get ready to make your dream of homeownership a reality!

  • 0Congratulations, you've saved up for your first home with the help of KiwiSaver! If you've been a member for at least three years, you may be able to withdraw all or part of your savings to put towards your new home. This includes your contributions as well as the Government's contributions. Just keep in mind that you'll need to leave at least $1,000 in your KiwiSaver account.

    To get started, reach out to your KiwiSaver provider or complying fund provider to apply. Happy house hunting!

    Kiwisaver First Home Withdrawal forms:

    AMP -Download

    ANZ -Download

    AON -Download

    ASB -Download

    BNZ - Download

    Booster -Download

    Fisher Funds -Download ANZ -Dow

    Kiwi Wealth -Download

    Mercer -Download

    Westpac - Download

    Did you know that you can tap into your KiwiSaver savings to buy your first home? However, it takes around ten working days to process the application for a KiwiSaver first home withdrawal. You should check with your KiwiSaver provider if they allow you to use the withdrawal to pay the deposit, as not all providers will. Some KiwiSaver providers may allow you to use the withdrawal if your trust is the purchaser, but they may require you to be the trustees and main beneficiaries of the trust.

    If you have previously owned a home, but are in a similar financial position to a first-home buyer, you may still be eligible for the first-home withdrawal.

    You can contact Kāinga Ora to determine your eligibility before applying to your scheme provider via phone at 0508 935 266 or email at firsthome.enquiries@kaingaora.govt.nz

  • Buying your first home can be an exciting journey, and the First Home Grant can help make it happen! If you've been making regular KiwiSaver contributions for 3 - 5 years, you may be eligible for a grant of up to $10,000 through Kāinga Ora - Homes and Communities. You can apply for pre-approval before you start looking for a property or a grant approval if you've found a property and have a signed sale and purchase agreement. This gives you certainty about eligibility and how much you may qualify for. Don't forget to check the eligibility criteria and apply today!

    If you buy an existing home

    If you buy an existing home, you can get $1,000 for each of the 3 (or more) years you've paid into the scheme. The most you can get is $5,000 for 5 or more years.

    If you buy a new home or land

    If you buy a new home or land to build on, you can get $2,000 for each of the 3 (or more) years you've paid into the scheme. The most you can get is $10,000 for 5 or more years.

    Contact Kāinga Ora - Homes and Communities

    If you have questions before you apply, you can:

    phone Kāinga Ora: 0508 935 266

    email them at firsthome.enquiries@kaingaora.govt.nz

    Next steps

    Check you are eligible for First Home Grant

    Check property criteria

    Apply for the First Home Grant

    Downloads

    First Home Grant brochure [PDF, 168 KB]

  • Let's talk about getting your ducks in a row with your paperwork, shall we? Before making an offer on your dream home, make sure to get everything in order, including having your finances sorted and ready to present to potential lenders, your identity documents (like your passport), proof of your address, and any other documents showing the source of your funds (to satisfy Anti-Money Laundering requirements). It may not be the most glamorous part of the process, but it's essential to have everything looking sharp and organized to impress those lenders and make your dream of owning a home a reality!..

Step 3: Move in

  • Are you ready for a final walkthrough of your potential new home at least 1 business day before completing your purchase? It's time to put on your inspector hat and get ready to play house detective again. Take the time to carefully look over the property, to make sure that it has not been damaged after you signed the agreement, and that everything is still working (such as the dishwasher, lights, and the hot water cylinder). You don't want any surprises popping up after settlement! Make sure to have fun and enjoy the process of making your new house, your new home!

  • Oh, it's time to sort your settlement, and you know what that means, right? You're just a hop, skip, and a jump away from officially becoming a homeowner! This is the moment you've been dreaming of - the moment when all your hard work finally pays off and you get to call a place your very own. So, buckle up and get ready for the ride of your life because it's time to settle the purchase of your home! Picture this - you're signing on the dotted line, exchanging keys, and getting ready to move in. The excitement is almost too much to bear, but you can't help but feel a rush of adrenaline coursing through your veins. You've done it! BOOM -You're officially a homeowner, and nothing can stop you now. So take a deep breath, soak it all in, and get ready to enjoy all the amazing adventures that await you in your new home sweet home!

  • Moving into your new home is one of the most exciting moments in life! It's like a fresh start, a new beginning, and a whole world of opportunities waiting to be explored! It's time to officially start the next chapter of your life in your brand spanking new home! Pop that champagne, throw on your favorite tunes, and get ready to celebrate in style! You've put in the hard work, done your due diligence, and now it's time to reap the rewards. This is the moment where all the planning, paperwork, and persistence pay off, and you get to bask in the glory of your accomplishment. So go ahead and take a victory lap, give yourself a pat on the back, and get ready to enjoy all the perks that come with being a new homeowner! Cheers to you!

Disclaimer: This article should not be relied upon for legal advice. Always seek professional legal advice before making any decisions regarding your business.