Legal and Negotiation Processes
Preparation and Planning
Settlement and Post-Purchase
The Market and Compliance
Viewing and Inspecting Properties

How To Use The Step Guides
Buyer Introduction
Your Current Scenario
Understanding Real Estate Market Dynamics and Influences
Assessing the Benefits of Owning vs. Renting
Assessing Your Readiness and Financial Planning for Homeownership
Establishing a Budget for Property Purchase
Deciding to Work With A Mortgage or Financial Adviser
Deciding on Whether to Proceed with Home Buying
Analysing Financial Capacity for a Mortgage in New Zealand
Getting Pre-Approved for a Mortgage
Proceeding As a Cash Buyer
Attending Property Seminars and Workshops
Exploring Various Mortgage Options in New Zealand
Property Sale Types in New Zealand
Anti Money Laundering Rules and Regulations
Determining Long-Term Goals and Future Plans for Property Buying
Costs Associated with Buying a Property
Creating a List of Must-Haves and Nice-to-Haves
Potential Purchasing Partners for Property Buying
Researching the Housing Market in Your Desired Area
Location and Commuting
Understanding Property Taxes in New Zealand
How to Compare The Values of Similar Properties
Exploring Property Listings and Conducting Online Research for Buying Property
Interacting with Real Estate Agents
Arranging Private Viewings of Properties
Guide to Attending Open Homes and Viewing Properties
Arranging Professional Property Inspections
Seeking Comprehensive Legal Advice Before Making an Offer
Choosing the Right Conveyancing Lawyer when Buying Property
Understanding Legal Obligations and Rights as a Buyer
Considering Community Amenities and Infrastructure
Conditional Offers Versus Unconditional Offers
Formulating an Offer Strategy
Buying a Property at Auction
Buyer First Mover Advantage Offer Strategy
Engaging in Negotiation of Purchase Terms
Ensuring Compliance with Agreement Conditions When Buying Property
Discussing Agreement Details with Your Legal Advisor
Undertaking a Geotechnical Report
Reviewing Property Inspection Reports for Potential Issues
Requesting and Analysing a LIM Report
Requesting and Analysing a PIM Report
Things to Do During Due Diligence Period to Prepare for Move

Advantages and Disadvantages of Using a Moving Company
Organising Home and Contents Insurance
Settlement Day Procedures
How to Deal With Settlement Delays in Property Transactions
Planning Interior Layout and Design
Settling In and Post Purchase Steps
Purchasing Necessary Furniture and Appliances
Tools and Services To Help Manage Your Property & Finances Post Purchase
Re-evaluating Your Budget Three Months Post-Property Settlement

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Buy / Step 45 of 54

Things to Do During Due Diligence Period to Prepare for Move

Using your due diligence period to prepare for your big move

The unconditional period of your home buying process ushers in a host of tasks that are crucial for a smooth transition to your new home. Let's delve into what you should organise beyond the standard due diligence items, ensuring you're well-prepared for the big move.

When it’s time to physically relocate, choosing a reputable moving company becomes paramount. Start by researching local movers with positive reviews and ask for detailed quotes. It’s essential to confirm they offer insurance to protect your belongings during transit. Booking in advance can secure you a better rate and availability, especially during busy seasons.

Moving to your new home shouldn't leave you in the dark. Ensuring your utilities are fully operational on day one is critical. Contact electricity, gas and water providers at least two weeks before your move-in date to schedule connections. Most utility companies in New Zealand offer user-friendly online processes for transitioning services. Here's a quick checklist:

  • Verify the disconnection date at your old property and start-up date at your new home.
  • Provide contact information for any queries during the transition.
  • Read and record meter readings on the day of the move as a reference point.

Remember, don't leave behind any unnecessary bills. Arrange disconnection of services at your old residence.

A new property is an investment that needs protection from unexpected circumstances. Home and contents insurance should be high on your list, providing cover from day one. As part of this process:

  • Shop around for policies that offer comprehensive coverage at competitive prices.
  • Consider bundling them together for potential discounts.
  • Look into liability coverage, which can protect you if someone gets injured on your property.

In the whirlwind of moving, it's easy to overlook updating your address. A redirection service offered by New Zealand Post ensures you don’t miss important mail during the transition. It is also essential to notify:

  • Friends and family
  • Government agencies such as the Inland Revenue Department
  • NZ Transport Agency for driver licensing and vehicle registration purposes.

In today’s connected world, setting up internet and TV services ahead of time can save you from post-move frustration.

  • Research providers who offer services in your area.
  • Consider package deals that may include phone lines or streaming services as well.
  • Schedule installations or transfers well in advance of moving day.

If you’re moving with children, organising their education and care is crucial. This includes:

  • Visiting potential schools or childcare centres well before the move.
  • Ensuring a seamless transition for your kids by preparing them for the change.
  • Keeping in mind that some areas might have zoning restrictions for school enrolments.

Healthcare is a priority in any moving checklist.

  • Register with healthcare providers such as GPs, dentists and other specialists near your new home.
  • Remember, transferring medical records can take time, so start this process early.
  • Consider also looking into local pharmacies and understanding their operating hours and services.

Becoming part of the community is just as important as the physical move itself. Explore local clubs, groups or societies you can join to start building relationships within your new neighbourhood.

Each region in New Zealand may have specific regulations or bylaws that could affect you, like rubbish collection days or parking rules. Familiarise yourself with these local nuances to avoid any unintended breaches or fines.

New Zealand’s varied geography means being prepared for natural events such as earthquakes is wise. Assemble an emergency kit with essentials like water, non-perishable food items, first-aid supplies, torches, batteries and blankets.

When moving into a new home, your safety and security should be paramount. Taking the time to assess the security at your new property can offer you peace of mind once you've moved in. This process might involve several crucial steps such as installing an alarm system or updating locks on doors and windows to enhance protection against potential break-ins.

Alarm Systems

Installing an effective alarm system can significantly improve the security of your home. Depending on the property's size and layout, you might opt for a comprehensive system that covers all access points, or a simpler one that concentrates on major entrances.

Consider monitored systems, which offer 24/7 surveillance by a professional security company, or unmonitored systems that trigger a loud siren when breached - ideal for deterring intruders and alerting neighbours.

Door and Window Locks

Next, turn your attention to the locks on doors and windows - key points of entry for potential break-ins.

Doors: Ensure all exterior doors have deadbolts installed. If they don't, consider hiring a locksmith to install them promptly. Additionally, if your home has sliding glass doors, make sure they are equipped with functioning locks or bar rods.

Windows: Check all windows can be securely locked. For added security, consider installing window security film or bars, particularly on ground-floor windows.

Lighting and Visibility

Effective lighting can deter intruders who prefer to operate under the cover of darkness. Install motion sensor lights that illuminate when movement is detected around your property's perimeter.

Finally, ensure that shrubs or trees do not obscure views of entrances from the street – clear visibility can help deter potential intruders.

By taking these steps, you can help ensure your new home is a safe and secure space for you and your family.

If you have pets, arranging their move needs special attention too. Check if there are any pet relocation services available if required, update their microchip information with your new address, and find out about local vets in the area.

Before vacating your current property, ensure to conduct a final walk-through to verify that nothing has been left behind. You may also want to consider hiring professional cleaners for both properties - this will leave your old place spotless as a courtesy to its new occupants, while also providing you with a clean slate at your new home.

Check if bins or rubbish disposal is provided. Does the street use wheelie bins, or is it bags? What are the collection days?

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