Things to consider
If you find a home you really like, and you’re seriously considering trying to buy it, the next step is to have the house checked out by experts. A professional building inspection, especially for first-time buyers, is a good way to find out if there are any hidden issues.
A LIM (Land Information Memorandum) report summarises information the local council has about the property and may include information about flooding risks, erosion issues, any rates that are still outstanding and other information.
Depending on which council you go to. Real estate agents sometimes have these available for you
A registered property valuation will give you the market value of the house — so if you’re worried you might be paying too much for the property this might be the way to go.
You might also want to get an engineer’s report, especially if you have specific concerns about a property or a builder’s report has thrown up something you need to investigate in more detail. An engineer’s report might be helpful for certain types of property, such as one where there may be issues with unstable land.
Will depend on whether you are requesting a pre-purchase inspection or something more specific and comprehensive.
A property title shows the property’s owner(s), rights and restrictions and legal information describing the property. A property title won’t give you any information about the value of the property though.
through Land Information New Zealand. Although a real estate agent will have a copy for any property they are selling.
Important informationShow more
The content on the First Home Hub is for information only. The information is of a general nature and does not constitute personalised advice. To the extent that any of the above content constitutes financial advice, it is class advice only. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. While care has been taken to supply information on this website that is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission.
A disclosure statement is also available from your Adviser, on request and free of charge.