conveyancingblogs

[conveyancingblogs]

You’ve sold your house, now what?

Selling your property is something to celebrate but, once the ‘sold’ sticker has been plastered over the ‘for sale’ sign in your front lawn and the champagne bottle is in the recycling bin, what else happens next?

The reality is that the time immediately after the sale price is agreed on and the contract is signed is when the real business of selling your home begins – the legal side of finalising the property sale.

Reference: https://www.conveyancing.com.au/articles/youve-sold-your-house-now-what

[conveyancingblogs]

You’ve sold your house, now what?

https://www.conveyancing.com.au/articles/youve-sold-your-house-now-what

Selling your property is something to celebrate but, once the ‘sold’ sticker has been plastered over the ‘for sale’ sign in your front lawn and the champagne bottle is in the recycling bin, what else happens next?

The reality is that the time immediately after the sale price is agreed on and the contract is signed is when the real business of selling your home begins – the legal side of finalising the property sale.

[conveyancingblogs]

How to prepare for the spring property market

If you’ve been keeping a close eye on interest rates and the reaction in the property market, you might want to look even closer now that spring is here.

Traditionally, spring has always been a hot time for the Australian real estate industry – and that has potential benefits for both buyers and sellers. Reference: https://www.conveyancing.com.au/articles/how-to-prepare-for-the-spring-property-market

[conveyancingblogs]

How to prepare for the spring property market

https://www.conveyancing.com.au/articles/how-to-prepare-for-the-spring-property-market

If you’ve been keeping a close eye on interest rates and the reaction in the property market, you might want to look even closer now that spring is here.

Traditionally, spring has always been a hot time for the Australian real estate industry – and that has potential benefits for both buyers and sellers.

[conveyancingblogs]

The Role of a Conveyancer: What They Do and Why You Need One

Discover the responsibilities of a conveyancer and the reasons to hire one when buying a house. Learn why a conveyancer is crucial in the property conveyancing process. Reference: https://www.conveyancing.com.au/articles/the-role-of-a-conveyancer

[conveyancingblogs]

The Role of a Conveyancer: What They Do and Why You Need One

https://www.conveyancing.com.au/articles/the-role-of-a-conveyancer

Now that you know a bit about conveyancing (From our article: “What is conveyancing?” A simplified guide for homebuyers) we will now provide more insight into the role of your licenced conveyancer or conveyancing solicitor when buying a property.

A buyer that fails to meet their legal obligations during a conveyancing transaction can face serious financial consequences. You will need the services of an experienced conveyancer or solicitor to complete the change of ownership on your behalf.

The agreement to purchase a property will be formalised in a contract between yourself and the seller.

There are usually strict timeframes for completion of tasks and key dates, such as:

payment of deposit;

satisfaction of key conditions such as finance and building inspections;

preparation of legal paperwork for co-signing by the seller; and

payment of the balance of funds at settlement.

Importantly, penalty interest and legal costs will apply if you breach the contract (such as the deposit due date) and serious risks apply for serious breaches.