Buying guide
Property due diligence in NZ: what to check before you buy
Understanding this essential step in your property journey.
AI summary
Due diligence is the essential research you do before buying a property to avoid costly surprises. This process helps you make an informed decision by uncovering potential issues and confirming the home is right for you.
Key checks include reviewing a:
- LIM Report for council information and risks
- Builder's Report for structural integrity
- Valuation Report for market value
- Report of Title for ownership and restrictions
Finalising your finance pre-approval is also a critical part of the process.
What is due diligence and why does it matter?
Builder's reports can give you crucial information about the state of the property.
Your due diligence checklist
Questions to ask yourself:
Key documents to review
LIM Report (Land Information Memorandum)
Builder’s report
Valuation report
Report of Title
Property file
Don’t forget the finance side
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