Property Purchase Freak-Out

This whole thing of buying a house, huh? It’s all a bit overwhelming, to the point that it’s easy to forget why I even wanted to do it in the first place. Finding a place that I liked enough to want to sign up for was hard enough, and now that I’ve succeeded I have to deal with an endless stream of paperwork and legal fees and questions from friends regarding my finances.

I know that I don’t really have a lot to complain about. But it’s dawning on me that, in somehow manifesting the means to buy a house, I’ve also manifested all the financial and legal responsibilities that go along with owning property in Melbourne. Conveyancing fees are, of course, money well spent if you’re going to be buying a house. But part of me is freaking out, demanding to take the money and run – perhaps to a desert island or the north pole.

Obviously, that’s not about to happen. I do want this house, and for good reasons. It’s just that it’s quite a learning curve, and it’s all happened very fast. From arranging meetings at the bank to learning to decode a Section 32 Statement, there have been a lot of new experiences along the way.

At the end of the day, I reckon I’m just scared that I’m going to screw something up and lose all my money – or, I should say, all my grandma’s money that I inherited when she passed away at the end of last year. That’s why I’m so completely unprepared for this: I hadn’t really counted on it being something that I’d be able to do.

Ultimately, though, it seems unlikely that things are going to go drastically wrong. What’s the worst that could happen? Provided that my conveyancer is up to scratch, and with just a pinch of luck, I might just come out of this owning the property of my dreams.