Posted in Tips
You've found the house you like, you've had an inspection and seen some things you like, some you don't, and made the exciting decision that you are going to buy. The process then starts in a flurry: offers and acceptance, talking to your banker / broker, contacting us to start the conveyancing process, thinking about moving arrangements, what you'll do when you move in etc.
By the time inspections are done, your finance is arranged and you are ready to sign the Contract, can you remember what fixtures and fittings there are, and more importantly, are they in working order??
The Contract provides that the property will be in the same state at settlement time as it was at exchange. So if a fixture isn't working when you first viewed the property and you don't seek agreement for it to be repaired before settlement, the vendor has no obligation to fix that issue.
Just before you are ready to exchange and lock yourself into the purchase, contact the agent to have another look through & remember what you are buying. Test everything you can & let us know if there are any repairs that need to be made so you can avoid any moving day dissapointment, and raise the request before the Contract becomes binding.
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So the election is over, spring is here, you're starting to think of the new year looming and decide it's time for a move?
The first step is to contact us at Anderson Conveyancing to prepare a Contract for Sale of your home. Whether you are listing your property privately, or through one of the local real estate agents, it is a legal requirement to have a Contract prepared. Under legislation, there are certain documents that need to be included in that Contract, and these are arranged by us as your conveyancers. However, have a look at your documentation from when you purchased to see if you hold anything such as council approval, a survey report, house plans, home warranty insurance (if building work has been undertaken in the last 6 years) or any additional information. Whilst you are not required to provide any further documents than what will be included in a standard Contract, you will find buyers will ask plenty of questions when they are interested in your property. The more information you have on hand, the more likely the matter will proceed smoothly and quickly into a sale for you.
If you don't have any additional documents, it may be a good idea to make a visit to the Contract and see what documents they can provide you with so you have these on hand. It will save the buyer a trip to Council and in any event, given they are not the owners, Council will not as readily provide the information to them. If you have a swimming pool, remember to have it registered.
As well as starting to get your house "spring clean" ready for inspections, make sure you "spring clean" your documentation and give yourself every opportunity to maximise your sales potential. Give us a call today and we can answer any questions you may have and get that Contract underway!
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Many people hesitate when going to ask or question, or don't ask at all - thinking that they either should know, or would look ignorant if they asked. That happens when encountering something new, or if you are dealing with a professional in that particular field. Legal work is complex, and is not naturally understood by those not in the industry. Specific terminology is used, and things can progress quickly: often leaving an uncertain client feeling stressed or unhappy. Even those who have bought or sold property before can forget steps along the way, and feel like they should remember.
At Anderson Conveyancing, you can feel comfortable asking any question, no matter how silly you may think it is. Not only does it save you worrying about things, it can sometimes even help the Conveyancing process. Some piece of information may be uncovered which will help in the smooth transition through your matter. The question can usually be answered quickly and you can focus on more important things.
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At Anderson Conveyancing we offer a fixed fee quote that includes all disbursements.
It comes from years of client feedback (when previously working in legal offices), of unexpected bills just prior to settlement. Whether selling or buying a house, budgeting is important. When ringing around for Conveyancing quotes, most commonly only the actual legal fees are quoted. If the question is not asked “are disbursements included?” they are generally not disclosed. It is also common for additional costs to be added on if settlement is delayed, or if unanticipated work is required. Given every conveyance is different, additional work quite often becomes necessary. The final costing for this extra work is not known until just before settlement when an extra bill comes in.
Anderson Conveyancing not only discloses any disbursements over and above our fees, but the fees are fixed. That means there is no change to those fees prior to settlement time.
Save yourself any unnecessary stress at the time you should be feeling the happiest – use us for your sale or purchase and we’ll look after you without any nasty surprises!
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