Mortgage Broker Sunshine. Yarraville Tarneit

Mortgage Brokers and Property Lawyers: The Different Roles They Play

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When it comes to buying or selling a property Mortgage Brokers and Property Lawyers are important players. Mortgage Brokers act as intermediaries between you and the lender and help you find the best mortgage for your needs. On the other hand, property lawyers provide legal advice about buying or selling a property. Ensuring that all documents are signed and structured correctly so that whether you are buying or selling, you are protected.

What is a Mortgage Broker and why do you need one?

Mortgage Brokers, such as Stark Finance are experts when it comes to mortgages. They can help you find the best lender for your needs. Mortgage Brokers will provide you with advice on the types of mortgage options available, negotiate better terms, and process all paperwork necessary to secure a mortgage whilst looking after best interests of their clients. When going direct to the Bank you will only be offered their product or variations of their product. So always best to go through a mortgage broker to compare lenders.

What is a Property Lawyer?

A Property Lawyer, such as Melissa Barlas from Proptech Legal. Is a licensed legal professional who specialises in property law. Property lawyers provide advice and assistance on the legal procedures involved in buying or selling real estate. Such as reviewing and advising on contracts of sale, preparing settlement documents, conducting title related searches and completing and lodging paperwork with government authorities. This enables settlement of the property to take place.

Why do you need a Property Lawyer?

Property Lawyers, such as those at Proptech Legal. Provide expertise and knowledge that mortgage brokers do not have. Mortgage Brokers generally focus on the financial aspects of a property sale, whilst property lawyers are experts in property law. As such, they can ensure that all documents are legally binding and structured so as to protect your interests when buying or selling a property.

Why is important to choose the right Mortgage Broker and Property Lawyer?

Choosing the right Mortgage Broker can help save you time and money. You want to make sure that you select mortgage broker that have the experience, knowledge and professionalism to achieve your property goals. Such as James Clark from Stark Finance who is a First Home Buyer Specialist and are up to date of government grants from a State and Federal Level. Stark Finance have helped 100s’ of clients achieve better rates allowing home owners to pay off their home loan sooner than expected.

When it comes to selecting a Property Lawyer. You want someone who is experienced in property law, has extensive knowledge of the relevant laws and regulations, and is familiar with the local area where you plan to purchase or sell a property. Melissa Barlas from Proptech Legal is highly experienced in Property Lawyer, graduated with a Juris Doctor of Laws at Monash University and is based in the western suburbs of Melbourne.

Stark Finance has partnered with Melissa from Proptech Legal, to ensure that your property purchase goes smoothly from start to finish and we have helped a number of clients together. As a property buyer, you would want a Mortgage Broker and Property Lawyer to have a good working relationship. Communication and process are keys to the success of your purchase.