Contract for Sale:-
Before you can start advertising your property for sale, you must have a complete Contract for Sale of Land prepared and available for potential purchasers.
You will require a complete Contract for Sale of Land whether you are selling your property with or without a real estate agent.
Upon us taking detailed instructions from you to prepare a Contract for Sale of Land, we will promptly obtain all necessary documentation and ensure that the contract is carefully prepared and forwarded to you or your nominated real estate agent without delay. We endeavour to provide the agent or yourself with a Contract promptly.
Adjustments:- The purchaser’s Conveyancer will draft a Settlement Statement which adjusts on council rates, water/sewer access rates, water usage, strata levies and anything relevant to the property. We will then check and approve the statement and will provide cheque directions to the purchaser’s Conveyancer which will include a council or strata cheque and a cheque for your discharging mortgagee. The outcome is that each party only pays for rates and levies for when they own the property.
Pre-Settlement Inspection:- The Purchaser is entitled to a final inspection of the property prior to settlement. The Agent will contact you to arrange this. The property must be left in the same condition as when Contracts were exchanged.
Attending Settlement:- Settlement is usually attended by four parties: the Vendor’s Conveyancer, the Purchaser’s Conveyancer, the incoming mortgagee and the discharging mortgagee. You are not required to attend settlement as it takes place online.
Immediately after settlement we will notify you and the Agent that settlement has taken place. We will forward an “Order on Agent” to the real estate agent which authorises him to release the deposit to you and the keys to the purchaser.