5-Step Buying Process On Making an Offer

Click here to download the checklist.
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Step 1: Book a Zoom Call to Map Out Your Journey

HouseMe Legal offers a free 15-minute, no-obligation call. On this call, we will discuss and map out the following details:

• building a deposit
• getting pre-approval
• how you will own the property
• relationship property
• using Kiwisaver
• compliance e.g. IRD, AML, and residency requirements
• your personalised fixed fee for agreed services
• Buying Checklist
• Free DIY Due Diligence Checklist
• Asking the Professionals Due Diligence Checklist
• Understanding HouseMe Legal’s transparent pricing model

Following this call, we will be able to give you a fixed fee for the purchase of [insert address].

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Step 2: Meet with your Mortgage Adviser

Schedule a meeting with a mortgage adviser to get pre-approval to buy. At this meeting, the mortgage adviser will cover topics such as:

• interest rates
• qualifying for a loan
• loan amount
• deposit amount
• loan structure
• loan to value ratios
• assessing the serviceability of your loan
• generic pre-approval and live approval

Note it may take a few weeks to get pre-approval. Normally, your lender will write a generic approval that will be valid for 90 days.

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Step 3: DIY Due Diligence for Free - Do It Yourself

Start doing your own due diligence including

• Going to open homes
• Researching the property/area e.g. talking to neighbours, friends, etc.
• Understanding the local community e.g. schools, public transport, and local amenities.
• Receiving approval to withdraw your Kiwisaver

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Step 4: Due Diligence - Paid Help - Ask the Pros

Tasks you may need help with that will cost you money are:

• Reviewing the record of title
• Reviewing the sale and purchase agreement
• Building inspection
• Ordering and Reviewing the LIM
• Ordering and Reviewing Property File
• Ordering a Valuation
• Click here to review our spreadsheet of approx due diligence costs.
• How to get yourself ready to make an offer on a property or bid for a property at auction

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5. How to get yourself ready to make an offer on a property

Step 5A. Make a conditional offer.

Pick an option. Either use a wide due diligence clause or pick specific condition(s).

• Due Diligence Condition
• Finance Condition Building Report Condition LIM Report Condition

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Step 5B. Make an unconditional offer.

How to submit an unconditional offer.

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SETTLEMENT

Your offer will either be:

Accepted - Countdown until Settlement begins.

Counter Offer from the Seller - Prepare for negotiating.

Rejected - Return to Step 3.

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