Frequently Asked Questions
What’s involved in the conveyancing process?
The conveyancing process has just one end goal – transferring legal ownership from seller to buyer. Pakenham conveyancing begins when the contract for sale has been received. In most instances, this is 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, conveyancing work begins to transfer the ownership of the property to the other party.
The conveyancing process usually involves the following steps:
- 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.
How long does conveyancing take?
The Pakenham conveyancing process will be dependent on the parties involved. As a general guide, Entry Conveyancing speculates the standard settlement period lasting 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 Pakenham conveyancing period, then Entry Conveyancing will ensure everything is ready to make this happen.
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 Pakenham conveyancing. 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 Pakenham will benefit from our methods.
How much do Pakenham conveyancing services cost?
Our Pakenham conveyancing 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 Pakenham property, contact us on 1800 518 187 or via the online form.
When should I engage the services of a conveyancer in Pakenham?
If you’re buying a property in Pakenham, 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 Pakenham 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 Pakenham 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 Pakenham solicitors?
Yes – at Entry Conveyancing, we operate with in house solicitors who specialise in property law and conveyancing. Our conveyancing lawyers are experienced in dealing with all matters regarding property legalities and can provide expert assistance across all types of properties in Pakenham.
Can I do my own conveyancing?
From the outside, Pakenham conveyancing is the simple transfer of land title from a seller to a buyer. So, why shouldn’t you be able to do a property transaction yourself? Simply put, you can do your own conveyancing if you so wish; it is not a legal requirement to have a conveyancer. However, conveyancing is an arduous process, and one false move along the way can see you face hefty fines or even lose your deposit on your Pakenham property as professional indemnity insurance does not apply.
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.