The Buying Process

We will give advice regarding terms and conditions of the Contract of Sale and will point out any specific terms that you should be aware of. This also applies to the vendor’s statement. If there are any planning restrictions or other details out of the ordinary that you should consider, we will be able to help point these out to you. It’s always a good idea to arrange for us to provide a Contract Review before you sign it.

We prepare all of the transfer documents that ensure a property is rightfully and legally transferred to you. These important documents will include all necessary details to meet legal regulations and legislation.

Although we will usually not be involved with the direct finance arrangements; we help you arrange the settlement with your bank, facilitating this process by ensuring that your bank receives all the necessary title details and assisting them when the time comes to prepare mortgage documents. 

If there are any adjustments needed before settlement, we will prepare the adjustments and make sure that you only pay the costs associated with the property from the date of settlement. This helps prevent you from paying for things such as council and water rates before the settlement date. Finally, we help you determine what statutory fees need to be paid. These will depend on several factors, including the purchase price of the property and the state or territory in which you purchased the property.

At settlement we will contact your bank to make sure that your funds are in place to pay the vendor, booking settlement and providing the bank with any necessary cheque details. If you are holding the funds yourself, you need to arrange with your mortgagee to debit those funds from a nominated account at least 5 days before the settlement date to ensure that there is enough time. We will then contact the seller’s real estate and direct them to give you the keys once settlement has taken place.

Finally, we will notify the council, water and owners corporation (if applicable) of the change in ownershsip.

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Our fees for a standard purchase conveyance start at $650.00 plus GST and Plus Disbursements.  Contact us now for fixed fee quote.

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