Services

sell property

SALE OF YOUR PROPERTY - WHAT YOU NEED TO DO IN ORDER TO GET

YOUR PROPERTY READY FOR SALE.

SELLING - Before your property is listed and advertised for sale, a Contract for Sale needs to be prepared and provided to potential purchasers.  Christine at CV Conveyancing will obtain all the relevant searches and certificates that need to be attached and insert any additional clauses that may be required by you.  Once the draft contract has been prepared, the draft Contract for Sale is emailed to you and your real estate agent for marketing purposes.

When a buyer is found and you have accepted an offer, Christine attends to any negotiations or to any additional terms that their Solicitor or Conveyancer requests and finalise the Contract for Sale.

Contracts are then exchanged with the buyer’s Conveyancer/Solicitor or by the Agent and the purchaser will pay the deposit (typically 10%) directly to the Agent. This is the time contracts become binding and settlement preparations can begin.

Following exchange, Christine will then advise your bank (the discharging mortgagee) that you have sold the property and to prepare arrangements for a discharge of mortgage (if applicable).

Prior to settlement, Christine will organise for you to sign the client authorisation (this authorises us to sign the Transfer via Pexa on your behalf (this is the document that passes ownership of the property from seller to the buyer).

Settlement will typically occur around 6 weeks after exchange. Christine will arrange and attend settlement with the buyer’s Conveyancer/Solicitor and your financial institution. This is the day you will receive the full sale proceeds and possession of the property is handed over.

POINT SUMMARY FOR SALE

  1. CONTRACT FOR SALE – Contract for Sale is prepared by CV Conveyancing and forwarded to your agent for marketing purposes.
  2. EXCHANGE OF CONTRACTS – Offer accepted, deposit is then paid and Contracts are signed and dated.
  3. FOLLOWING EXCHANGE – Requisitions answered and discharging mortgagee (Bank) is notified of sale (if applicable).
  4. SETTLEMENT – Typically occur around 6 weeks after exchange.  This is the day you will receive the full sale proceeds and possession of the property is handed over.