Frequently Asked Questions
Do I need a conveyancer?
You may be wondering, “Can’t I do the conveyancing on my own?” – fair enough, if you’re looking to purchase a new home, you’re likely looking to stick to a strict budget during this process. The answer is yes – legally, you do not need a conveyancer when buying, selling, or transferring property in Frankston.
However, the work process of conveyancers in Frankston is an arduous one – one wrong move can see you facing heft fines or even losing the deposit on your new property.
Our best Conveyancers in Frankston are experts when it comes to property transfers and the legal administration of a property from one to another. And like anything, it pays to have experts on your side.
All of our clients say the same thing – it is always worth engaging 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. Furthermore, undertaking the process yourself means that you are not insured in the case of anything going wrong.
How long will it take?
As Frankston’s best conveyancers, Entry Conveyancing aims to make the process as seamless as possible. How long conveyancing takes will depend on the parties involved – we’ll never be the ones holding you up!
Generally speaking, the standard settlement period lasts 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.
What does conveyancing actually involve?
The conveyancing process of property transactions has just one end goal – transferring legal ownership from seller to buyer.
Once the contract of sale has been drawn and received, the conveyancing process on behalf of our client begins. Generally speaking, this will be when the seller’s agent has sent a signed copy of the contract to the purchasing party’s conveyancing agent. Once this has been signed by both parties, your professional conveyancer will begin the process of transferring the ownership of the property to the other party.
The conveyancing process usually involves the following steps:
- Preparing and lodging relevant legal documents for clients.
- Clarifying legal terms to clients.
- Research the background of the property and title certificate.
- Calculate and inform clients 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 behalf. of our clients.
- Make sure any agreed-upon conditions within the contract are then satisfied.
When should I engage the services of a conveyancer in Frankston?
If you’re buying a property in Frankston, 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 a sales contract before you sign – if you have already signed, we may be able to negotiate within the cooling-off period.
If you’re selling your Frankston 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 Conveyancer Frankston 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.
Are your conveyancers in Frankston solicitors?
Yes – at Entry Conveyancing, we operate with property lawyers who are experts in their field and conveyancing. Our property lawyers are experienced in dealing with all matters regarding property legalities. Our property lawyers can provide expert assistance across all types of properties in Frankston.
What do your fixed fee services include?
Entry Conveyancing’s services are organised under a fixed-fee basis; this means you won’t be liable for any hidden costs or added fees when choosing us to do your conveyancing in Frankston. Our team are fully licensed and experienced in the legal aspect of the real estate industry. Our services are flexible – both first-time home buyers and investment property owners in Frankston will benefit from our methods.
How much do Frankston conveyancing services cost?
Our conveyancing Frankston service operates by a standard fee. This fee includes a complimentary general contract review, but does not include any disbursements, PEXA charges and bank fees. For a free consultation for your Frankston property, contact us on 1800 518 187 or via the online form.