Help fund relief efforts for the Australian Bushfires #beyondthebricks
Support Now
News

4 Tips to make the Settlement period smooth

By Debra Church

To make the settlement period a smooth process, there are a few items to check off the list:

Title search

Deal with any encumbrances prior to the settlement period. You can do this by instructing your solicitor or conveyancer to carry out a title search prior to purchase.

Funding

One of your top priorities after signing the contract of sale is to get your funding in place – failure to do this is one of the major reasons that a settlement can be delayed. An alternative to this is to find a bank that will pre-approve the loan, so you don’t have to worry as yo go into the settlement phase.  Linda Hulme 0409 881 239 from Loan Market can help you in this process.  Just click the loan market logo to find out more.

Settlement period

Although a standard settlement is between 30 and 90 days, you can negotiate a period that suits both you and the seller, making the process much smoother.

Keep in touch

Finally, chase up the key players seven-ten days before the settlement. Call (don’t email) your conveyancer or solicitor, your bank or mortgage broker, and the vendor’s solicitor or real estate agent to ask the following questions:

  • Is everything on track for settlement on (this date)?
  • Is there anything that is missing that could stop settlement?
  • Is there anything I can do to help?
Up to Date

Latest News

  • HOW TO BUY YOUR FIRST HOME… FROM A FIRST-HOME BUYER

    Except for having your children come into the world (or fur baby in my case), there really are few feelings of exhilaration, joy and pride than when your first house purchase settles. A leap in the air is an understatement and picking up the keys is just as wonderful. But … Read more

    Read Full Post

  • SIX BLISSFUL BATHTUBS TO SOAK IN!

    Bath time is no longer just about maintaining hygiene but is also a time to relax and unwind after a long day. Light a candle, get comfortable and immerse yourself into these magnificent bathtubs. 2 Rosherville Road, Mosman, NSW 2088 – Ray White Lower North Shore Privately positioned from its neighbours, … Read more

    Read Full Post