Steps in the sale of a property
- A Contract for Sale must be prepared and be available for inspection prior
to the property being advertised for sale.
- The contract must contain certain legal documents which we obtain from the
local Council, Sydney Water and the Land Titles Office.
- Your Real Estate Agent can then advertise and show the property to prospective
purchasers.
- When a buyer is found and the price agreed the Agent will advise us of the
price and the purchaser's details.
- We will post the duplicate contract to the Purchaser's Conveyancer and arrange
for you to sign the original contract.
- When the purchaser has finalised his finance and satisfactory inspections
of the property the contracts will be exchanged and the deposit paid. We then
hold the contract signed by the purchaser. 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.
- During that time Endeavour Conveyancing Services will arrange for any mortgage
on your title to be discharged, answer the purchasers questions about the
title and arrange for your to sign the transfer.
- A suitable time and venue for settlement is then arranged with all parties.
- Endeavour Conveyancing Services attends settlement on your behalf to hand
over the title deed and transfer in return for the sale monies as a Bank cheque
payable to you. All rates and Endeavour Conveyancing Services costs will be
paid on settlement.
- You can collect the cheque from our office or Endeavour Conveyancing Services
can deposit it to your bank account.
- 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 of Endeavour Conveyancing Service's costs.
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