The Four Important Steps
All property transactions are unique – depending upon the property itself and the unique personal circumstances of the buyer. Once we know your conveyancing requirements we can advise our fixed price professional fee and other expenses that you might encounter.
What are the Steps in our Process?
Complimentary Initial Consultation
Before starting your search for a property, it is worthwhile having an initial consultation with one of our specialist conveyancers. There is no charge for this consultation and can be over the phone.
In this consultation we will:
- Advise you on possible exposure to surcharge stamp duty and annual land tax
- Give an estimate of stamp duty
- Advise on payment of deposit – by cash or deposit bond
- Explain our initial contract review service
- Any other queries you may have
Contract Review
Paul Denny, with over 45 years’ conveyancing experience, will personally review the contract, ensuring it is accurate, complete, and protects your interests.
The fee for the contract review is $250.00 + GST
This includes:
- A written, succinct contract review highlighting the most salient points of the contract and providing recommendations for contract changes.
- Discussing any queries or concerns you have about the contract.
- Negotiating contract changes with the vendor’s representative.
- Guiding you through the pre-purchase process and ensuring you are ready to make an offer or bid at auction.
- Arranging Building/Pest/Strata reports if required
Once you have found the property of your dreams, order your contract review below and we will get back to you promptly to discuss the next steps.
Exchange of Contracts
Once your offer is accepted and the final terms of the contract are agreed, we can proceed to the exchange of contracts. At this stage, a final contract will be produced for signing. You’ll be required to pay the deposit (typically 10%) and contracts will be dated.
This is the time that contracts become binding and settlement preparations can begin.
Settlement
Once contracts have been exchanged, we’ll continue to guide you through to settlement. We’ll liaise with the real estate agent, vendor’s conveyancer & your lender to make the necessary arrangements.
During this process we will keep you fully informed of its progress.
Settlement will typically occur on the agreed date. This is the day the remaining funds are paid, and possession of the property is provided to you.
After settlement, we’ll obtain and provide you with a title search verifying that you are the registered owner of the property.