If you have found a property that you wish to buy, then make sure you arrange for a contract review by Sydney Property Conveyancing before you put in an offer or before you attend and auction.
Understanding conveyance and legal costs when buying
As a first home buyer it is important to seek the advice of a conveyancer, as there are a number of legal processes that must be followed when purchasing your first home. It is likely you will have a number of questions surrounding stamp duty, homeowners grants and land tax – so this is where we can help!
Our friendly and experienced conveyancers will give you peace of mind when becoming a new homeowner. The legalities around contracts, the sale of land and grants may seem overwhelming, but with the help of our team, the process will be made simple.
If you have found a property that you wish to purchase (whether by auction or private treaty), it is essential that you have the contract reviewed and, if possible, the terms negotiated. Our team at Sydney Property Conveyancing are experts at reviewing the contract, providing urgent advice to you, and negotiating the terms of the contract, so that you do not miss out on the opportunity to purchase the property. This review should be completed before you put in an offer to purchase the property, or before you attend an auction.
Offer And Acceptance
Enquiries after exchange
Once you have secured the property by exchanging contract, it is prudent to ask questions of the vendor about the property, and to obtain searches of government and other statutory entities, regarding any interest or proposal they may have about the property. Making these enquiries on your behalf is a standard part of the service we provide to you, and we can assist you step-by-step through this process.
Settlement, otherwise known as completion, is the date that your purchase of the property will finalise and the legal title will transfer to you. This is also the day you can collect the keys and take possession of the property. Settlements are now completed electronically, on the PEXA platform, which provides a seamless settlement process involving your bank, if you are taking a loan, your conveyancer, and the vendor’s conveyancer and bank.