Frequently Asked Questions
Are your conveyancers in Parramatta solicitors?
Yes – at Entry Conveyancing, we operate with solicitors who specialise in property law and conveyancing service. Our property solicitor experts operate in the field of property conveyancing services and can provide qualified, experienced-backed assistance across all types of property in Parramatta, Sydney NSW. This means that we can take care of every step of the conveyancing services – from handling the legal documentation to reviewing contract of sale, and ensuring everything is in line with best practice for conveyancing matters.
Do I need to hire a conveyancer?
From the outside, conveyancing services are the simple transfer of land title from a seller to a buyer. So, why shouldn’t you be able to do it yourself? Simply put, you can do your own conveyancing if you so wish; it is not a legal requirement to have an expert on Parramatta conveyancing services.
However, conveyancing services are an arduous process, and one false move along the way can see you face hefty fines or even lose your deposit on your Parramatta NSW property.
It is always worth paying property solicitors or a licensed conveyancer to do conveyancing services 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. Working with a licensed conveyancer – whether it be a residential or investment property – is undoubtedly worth it to ensure all stages of the property transaction are seamless.
How long does Parramatta conveyancing take?
The Parramatta NSW conveyancing process will be dependent on the parties involved. As a general guide, Entry Conveyancing speculates 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.
How much do Parramatta conveyancing services cost?
Our Parramatta conveyancing services operate 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 Parramatta property, contact our property conveyancing experts on 1800 518 187 or via the online form.
When should I engage the services of a conveyancer in Parramatta?
If you’re buying a property in Parramatta, it’s important to discuss your property purchase with Parramatta conveyancers 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 – your property solicitors can liaise with your mortgage broker if you wish. From there, your licensed 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 Parramatta property, it’s essential to get your contract ready as soon as possible with the help of professional services. As soon as you decide to sell, you should engage the services of the Parramatta Entry Conveyancing team 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.
What happens during conveyancing?
The conveyancing process has just one end goal – transferring legal ownership from seller to buyer. Conveyancing work 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, the conveyancing project begins, to transfer the ownership of the Parramatta NSW property to the other party.
This process of conveyancing services will generally look like:
1. Preparing, clarifying, and lodging relevant legal documents
2. Researching the background of the property and title certificate.
3. Calculating and informing of any adjustments arising from rates or taxes.
4. Ensuring on-time payment of land tax, water consumption charges and other relevant dues.
5. Settlement of the property on your behalf.
6. Ensuring any agreed-upon conditions within the contract are then satisfied.