Selling a property in Perth
How can Forefront Conveyancing help you with the settlement process when you are selling your property?
When you are selling 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 goes through easily and correctly.
Here are the steps that you will follow and Forefront Conveyancing can assist you with these:
Step 1. Offer & Acceptance signed by buyers and sellers
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. Settlement agent provides the seller with an estimated fee quote
Step 5. Seller signs a Form 1, giving permission to settlement agent to act on their behalf
Step 6. Ensure that buyer pays deposit to Real Estate Agent (monies held in trust)
Step 7. Seller to let bank know that property is selling (if there is a loan) and determine payout details
Step 8. Verify ID check of seller
Step 9. Ensure that buyer completes any special conditions on the offer and acceptance: building structural report, timber pest inspection, pool inspection, smoke alarm, RCD etc
Step 10. Settlement agent communicates with you about the progress of your property sale and will let you know if there are any problems
Step 11. Buyer received finance approval from mortgage broker or from bank
Step 12. Final inspection is completed by buyer with the real estate agent
Step 13. All appropriate paperwork is lodged by your settlement agent
Step 14. Your settlement agent will support your property settlement via electronic conveyancing (also known as e-conveyancing) or may attend settlement on your behalf
Step 15. Your settlement agent notifies you of your successful property sale