First Home Buyer Guide (Part 17) - Rands Financial Services - Mortgage Brokers

Contact your solicitor/conveyancer to finalize the contract of sale.

After paying the second deposit, it’s time to contact your solicitor or conveyancer to finalize the contract of sale. They will advise you on what is required for settlement and help you sign the required paperwork.

Your solicitor or conveyancer will provide you with legal advice on cooling-off periods, tenants in common, sole tenants, and joint tenants.

They will also liaise with the seller/vendor on your behalf regarding legal issues and organize council and government searches. Your solicitor or conveyancer will calculate settlement payments owed, such as amounts for stamp duty, transfer fees, rates, and water adjustments.

Finally, they will arrange for the home to be transferred into your name after settlement. It’s important to have a solicitor or conveyancer to guide you through this process to ensure everything is done correctly and legally.

Wait for the next episode, “Come in to sign you Home Loan Documents”