In our recent news article, we discussed the importance of finding the best Solicitor for your conveyancing needs.
Whilst finding the right Solicitor is important, it is necessary to be familiar with the conveyancing process and the steps involved to ensure you are familiar with the terminology and actions your Solicitor may use/pursue. This way, either as a buyer or seller you can ensure the process will achieve the outcome you desire as smoothly as possible.
Pre-Contract
You may have found your dream home or have found the right person to buy it. It is important for a Solicitor to check the contract and ensure all details including personal details, titles, rates and restrictions have been outlined correctly including all special conditions.
Prior to signing the contract and receiving appropriate pre-sales advice, the team at Hills Solicitors ensure an extra step is taken and will contact you to arrange pre-purchase building or pest inspections. To make it a comfortable experience, we can make the arrangements.
As buying or selling a home can be one of the biggest decisions you may make, it is important to consider financing options prior to the full exchange of the contract. It is important to seek pre-approval of the financing decision to ensure you are not locking yourself into a contract that you may not be able to afford.
Exchange/ Pre-Settlement
The exchange process at Hills Solicitors is conducted with a high degree of quality and in a professional environment. This contract will be subject to correction if any issues are found and provides you with an opportunity to ask questions. In order for a contract to be valid, be mindful that both parties need to sign it and have an agreement. This will require the team at Hills communicating with your lender to ensure a clear path of communication is established and the funds can be provided to the potential home buyer/seller.
Settlement
The settlement for most is the stage of the conveyancing process which is highly anticipated. All finances are cleared and a final settlement date is decided upon. There may be some adjustments to the caveats and financial aspects. It is important to make sure these transactions are registered. To ensure your name is on the properties title, the transactions are conducted online via PEXA ensuring a seamless process.
The team at Hills Solicitors offer an on-call conveyancing service that is available 24-hours a day, seven days a week. Our aim is to ensure if you’re buying or selling your home, you receive the right advice within a timely manner. This will put you on the right track before getting the conveyancing process started.
You can contact our conveyancing team on 02 4933 5111 or by submitting an enquiry form here. Let the friendly team at Hills Solicitors guide you through the conveyancing process.
