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Buying property in New Zealand
When you move to a new country, purchasing a property can help you feel settled.
AI summary
Buying property in New Zealand is generally for residents and citizens. The process varies by sale method, and an accepted offer is legally binding.
Key considerations for buyers include:
- Different ownership types like freehold or leasehold.
- Potential building issues such as leaky homes and problem materials.
- Natural hazards, which can be researched with a LIM report.
Real estate agents typically work for the seller, so it's wise to assemble a support team with a lawyer and property inspector.
Who can buy property in New Zealand?
The New Zealand property-buying process
When your offer is accepted, you must buy the property
Types of land ownership and housing styles
New Zealand building issues to be aware of
New Zealand’s natural hazards
What you can expect from a real estate agent
Professionals who can support you through the process
Author
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