Buying a property in Perth

When you are purchasing real estate property there are a number of key steps that you will follow as part of the settlement process.  Here at Forefront Conveyancing our expertise in property settlement will assist you so that your property settlement transaction goes through easily and correctly.  

Here are the steps that you will follow and Forefront Conveyancing can assist you with these: 

Step 1. Offer and acceptance are signed by both buyer and seller

Step 2.  If it is a strata property, strata property documents completed

Step 3.  Copy of offer and acceptance provided to your experienced settlement agent – Forefront Conveyancing

Step 4.  Buyer pays deposit to Real Estate Agent (monies held in trust) 

Step 5.  Buyer signs a Form 1, giving permission to settlement agent to act on their behalf

Step 6.  Buyer to get finance arranged, application for home loan or access to cash organised

Step 7.  Complete any special conditions on the offer and acceptance: building structural report, timber pest inspection, pool inspection, smoke alarm, RCD etc

Step 8.  Settlement agent lodges enquiries with relevant authorities

Step 9.  Finance approval is received from mortgage broker or from bank

Step 10.  Verify ID check of buyer and buyer signs appointment to act together with any other relevant documentation required for settlement 

Step 11.  Final inspection is completed by purchaser with the real estate agent

Step 12.  All appropriate paperwork is lodged by your settlement agent

Step 13.  Your settlement agent will support your property settlement via electronic conveyancing (also known as e-conveyancing) or may attend settlement on your behalf 

Step 14.  Your settlement agent notifies you of your successful property purchase