Frequently Asked Questions
Can’t I just do my own conveyancing?
Technically, yes. It’s not a legal obligation to have a conveyancer onboard. And from the outside, conveyancing is the simple transfer of land title from a seller to a buyer. So, why shouldn’t you be able to do it yourself? However, the reality is, conveyancing is a complicated process, and one false move along the way can see you face hefty fines or even lose your deposit on your property.
99% of home buyers will engage a conveyancer or solicitor – it is always worth paying a solicitor or licensed conveyancer to do the conveyancing on your behalf. The cost you save by doing your own is marginal compared to other fees you have to pay, plus you run the risk of missing vital steps in the process, and you are not insured in case something goes wrong.
What do your fixed fee services include?
Entry Conveyancing’s Altona conveyancing services are organised under a fixed-fee basis; this means you won’t be liable for any hidden costs or added fees. The fees will include a contract review, disbursement, property transfer, and everything else required from legal perspective in the process of buying or selling a home.
Are your conveyancers in Altona solicitors?
Yes – at Entry Conveyancing, we operate with solicitors who specialise in property law and conveyancing. Our lawyers are experienced in dealing with all matters regarding property legalities and can provide expert assistance across all types of properties in Victoria and Melbourne.
What is the conveyancing process?
Conveyancing will vary depending on whether you are selling, buying, or transferring property. Here’s a breakdown of the steps involved in each conveyancing process:
- Prepare, clarify, and lodge relevant legal documents
- Research the background of the property and title certificate.
- Calculate and inform you of any adjustments arising from rates or taxes.
- Ensuring on-time payment of land tax, water consumption charges and other relevant dues.
- Settle the property on your behalf
- Make sure any agreed-upon conditions within the contract are then satisfied.
At what stage should I engage a conveyancer?
If you’re buying a property in Altona, it’s important to discuss your property purchase with a conveyancer as soon as possible – preferably before signing the contract of sale. The next step is to discuss your intention to purchase with your mortgage broker or lender. From there, your conveyancer can negotiate the contract of sale before you sign – if you have already signed, we may be able to negotiate within the cooling-off period.
If you’re selling your Altona property, it’s essential to get your contract ready as soon as possible with the help of a conveyancer. As soon as you decide to sell, you should engage the services of Entry Conveyancing Altona to prepare your contract and have our team assist your real estate agent in marketing and selling the property. From the moment it goes up for sale to the closing of the deal, we’ll be with you every step of the way.
How long will it take?
This will be dependent on the parties involved. As a general guide, the average settlement period is usually anywhere between 4 – 6 weeks following the exchange of contracts. However, alternative settlement terms can be negotiated between the buyer and the seller prior to confirming the contract. If both parties are willing to settle over a shorter period, then Entry Conveyancing will ensure everything is ready to make this happen.