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Horrocks Solicitors |
You |
| Receipt of Contract |
 We
obtain Title Search and a Registered Plan Search
We contact the seller's solicitor and notify them
that we are acting for you |
Take
out building and public liability insurance to product your
property
Before
the due date, you execute any building, pest or
other inspections that you included in the
contract and notify us of the results
Arrange
unconditional finance prior to due date and notify us of:
- who is financing
- which branch
- contact details
- tell us if you are refinancing another property
- loan details and your contribution |
| Going Unconditional |
If
inspections were favourable, we notify the seller's
solicitor that the conditions were met
Notify agent that the
contract has gone unconditional
If
all the conditions have been met, the contract
goes unconditional |
You
liase with financier to ensure that the
mortgage documents are signed by you and delivered
back to them as soon as possible.
|
| Approaching Settlement |
We
obtain and check the rest of the searches required
If
your financier requires additional searches, we
notify you of the cost and then obtain the searches
for them
Work
with financier toward correct provision of funds
for settlement to occur
Prepare
settlement figures with relevant parties
If
are going to be living in the home or unit....ensure
that you signed and have witnessed Form 2.1
(Stamp Duty) Declaration) for the Office of
State Revenue ASAP)
Arrange
settlement time and location with your financier
and seller's solicitor
Advise financier of cheque details for settlement
|
Receive
correspondence from us and if required, complete
and sign Information Statement and
Form 2.1 (Stamp Duty Declaration) and return it
to us immediately
Work
with your financier to ensure they are
ready for settlement ,have no outstanding
issues and documents correctly signed and received by them
Forward
balance of settlement monies to be paid to seller,
stamp duty and fees by way of bank cheques
as directed by us. |
| Before Settlement |
Advise you of the cheque details required
at settlement |
If
required, you
arrange bank cheques for settlement, stamp duty
and our fees and get them to us |
| Settlement |
Generate
stamp transfer document
Attend
settlement on your behalf
Send letters to confirming settlement to agents
and relevant parties
Remit
stamp duty to Office of State Revenue |
|
| Post Settlement |
For cash purchases, lodge Transfer at Dept
of Natural Resources
Notify
you in writing with details
of settlement figures and tax invoice for our
account |
Receive letter and tax invoice
for our work
Enjoy your new home!
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