oral contract - an agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation.
A buyer's representative has the same access to homes for sale that a seller's agent does, but his or her allegiance is supposed to be only to you. 5. Search for a home. Your first step here is to figure out what city or neighborhood you want to live in.
Buying a home is an exciting time but it can be confusing, especially if you're a first-time buyer. Conveyancing describes the legal transfer of property (from seller to buyer). How long it takes depends on several things, such as how many buyers and sellers are involved in the process, but it can take weeks or months.o find a solicitor who can help you with the process of buying a home, visit the Law Society's Find a Solicitor website and use the quick search option Houses, property and neighbours to find your nearest solicitor.