Budgeting for a property purchase and estimating expenses
January 30th, 2008 by adminI have been considering purchasing a new home and have been working the numbers to establish a budget. One of the factors that I need to consider is the settlement transaction costs. I had a friend who neglected to consider the conveyancing cost and it ended up causing him frustration. He had failed to budget for this so he had to find the funds to cover the transfer costs. These days you can reduce this cost by using an online conveyancing agent. This is one area I plan to investigate to determine whether to use a solicitor or go for the online agent.
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