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 process of checking a property before you buy to avoid costly surprises and make an informed decision.
This involves your own research into the area and council rates, as well as reviewing key documents. Essential reports to check include:
- LIM Report
- Builder’s Report
- Valuation Report
- Report of Title
Confirming your finance and getting pre-approval is also a critical step in being ready to purchase your new home.
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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