Steps in the purchase of a property.
- Select the property you wish to purchase and negotiate the price with the
Real Estate Agent.
- After taking your instructions Endeavour Conveyancing Services will order
Pest. Building or Strata inspection reports for your consideration.
- Contact your lender to arrange any finance required for your purchase and
you should then provide us with a copy of your loan approval letter.
- The Vendor's Conveyancer will post us the contract for sale.
- The contract will be fully explained to you by a Licensed Conveyancer at
our office.
- Contracts are then exchanged and the 10% deposit paid to the Agent. The
Vendor and Purchaser are bound by the conditions of the contract from the
date of exchange.
- Settlement is usually six weeks from the date of exchange of contracts.
- During that time Endeavour Conveyancing Services will obtain all necessary
Searches and attend to all your lenders security requirements.
- Endeavour Conveyancing Services attends settlement on your behalf to complete
the purchase. The title deeds will be held by your lender as security for
their loan.
- Endeavour Conveyancing Services will phone you immediately settlement is
completed. We will also advise the Real Estate Agent and you can collect the
keys.
- The council and Sydney Water are notified of the transfer of ownership.
- Within 2 days of settlement you will receive a detailed Settlement Statement
and a receipt for Endeavour Conveyancing Service's costs.
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