Buying a Property
Before you sign anything may we offer you three very special words? DON'T SIGN ANYTHING.....
Don't sign any forms or documents pertaining to the purchase of a property until you have had the Contract of Sale and the Section 32 Vendor's Statement perused and you have been advised accordingly. There are many many items that are included into the Contract of Sale or that are omitted from a Section 32 Statement that can result in an adverse outcome for yourself and potentionally cost you lots and lots of money. A little bit now could save you thousands in the future.
The trend at the moment in Melbourne is to go to Auction so that the Vendor has the chance to obtain the best price available. The downfall for a Purchaser in this situation is that there is NO cooling off period and the Contract is what is referred to as Unconditional. Once you have decided you like a property after inspection, it is in your best interest to have the Contract of Sale and the Section 32 Vendors Statement investigated PRIOR to Auction day. If you haven't and you're the winning bidder you will be signing the Contract and agreeing to the terms and conditions that could cost you thousands and even as much as the Property you have fallen in love with.
Confident Conveyancing will review all of your Contracts of Sale and Section 32 Statements at a discounted rate.(pretty good deal when sometimes you can attend 5 Auctions before you're the winner).
Once you have secured your property Confident Conveyancing will look after everything for you, we will liase with the Vendor's Conveyancer/Solicitor, we will attend to any extra searches, we will always maintain contact with yourself so you know what is going on. We will attend to your adjustments of the Rates and Water etc, and most importantly we will attend your settlement for you on settlement day to ensure you have those long awaited keys in your hands as soon as possible.
Selling a Property
So you have made the decision to sell your property? This can often be an emotional time as there is always history left behind. Rest assured Confident Coveyancing will make this as problem free as possible. However, firstly there are a few things that we need to do by law.
All Vendor's must provide what is called the Contract of Sale along with the Section 32 Vendors Statement. The Vendors Statement must be prepared in accordance with Section 32 of the Sale of Land Act. We will ask you a series of questions to ensure that we provide correct information on this statement.
Next you wait until your Real Estate Agent finds you a buyer (Congratulations). Once there is a buyer will take everything off your hands inlcuding liasing with the Purchaser's Converyancer/Solcitor. We will Ensure all the correct forms are signed and completed and ensure that all adjustments are in order for that big settlement day. We will also arrange for the Deposit to be released early via Section 27 of the Sale of Land Act. Although it is important to remember that the Purchaser will not always agree to the release.
Be sure to contact us to arrange for the preperation of the Contract of Sale and the Section 32 Statement and be confident that it is being prepared right the first time.