When should I approach a conveyancer?

Enlisting the services of a conveyancer is an essential part of any property transaction. They can provide you with sound advice and guidance every step of the way.

One of the most common questions people ask about conveyancing is when they need to approach one. At what stage of a property transaction do they need a conveyancer? There's no simple answer to this question. Everyone's situation can vary depending on what they need out of a Conveyancing service.

It really depends on your role in a property transaction. Are you buying a home or selling one? Maybe you're the new owner of real estate through a property transfer. In most cases, the earlier, the better. The earlier you enlist the services of a conveyancer, the more time they can dedicate to your property transaction.

It's never too early to contact a conveyancer. Start the conversation with Conveyancing.com.

Selling

Once you've decided to sell a property, enlisting the services of a conveyancer should be one of your first priorities. The earlier you contact a conveyancer, the better. Looking for a conveyancer early on can also help you find more of them and compare services. The more choice you have, the more likely it is you'll find one that suits your situation and service expectations.

A Section 32 (vendor's statement) is one of the first property transfer documents you need to prepare, and it can't be done without the assistance of a conveyancer. A Contract of Sale is another property transfer document that a conveyancer can assist you with early on. Given the sheer length of the document and the attention to detail required, it's important to assign this to your conveyancer as soon as possible.

One of the most important decisions you'll need to make as a seller is choosing a settlement date. Banks can take a considerable amount of time to process the discharge of your mortgage. It's complications like this that can delay the settlement date of your property. A conveyancer can help you pick a settlement date that's perfect for your situation.

Buying

If you're buying a home, there are many advantages to approaching a conveyancer early on. Buyers should enlist professional help before a Contract of Sale is signed. A conveyancer can review a contract and identify any glaring issues that could affect your property transaction.

The same can be said for a Section 32 Vendor Statement. A conveyancer can review and identify any planing restrictions or covenants that could have an adverse affect on the property you wish to buy. Your conveyancer may discover council imposed building restrictions that will prevent you from ever renovating your new property in the future.

A conveyancer can also assist you with early negotiations on terms and conditions of your property purchase. For peace of mind, you can negotiate early inspections on the property to ensure you're getting what you're paying for. These inspections can be carried out buy pest or building experts to ensure the property is structurally sound and not ravaged by pests.

Early advice could save you money

When you hire a conveyancer early on, they can give you costly advice that could save you money down the track. Easements and other conditions of your property could be identified that you weren't initially aware of.

If you carry on selling a property and the buyer only finds out about an easement after signing a contract, they have the right to take legal action over you not reporting it in the first place. If you are legally liable for an oversight, then you could stand to lose thousands as a direct result.

A conveyancer can also calculate all rates and taxes involved with a property transaction. All too often a buyer or seller can be hit with rates and fees that they had no idea about till the later stages of a transaction. With accurate numbers and time on your side, it's easier to budget and prepare yourself financially for a property transaction.

Timing is everything

So what are you waiting for? If you're considering buying or selling a property, then it's time to contact a conveyancer. A good conveyancer will give you valuable advice that could save you money on your property transaction.

A good conveyancer will help to speed up certain processes of your property transaction. Comprehensive reviews of your property transfer documents and intimate knowledge of property laws will ensure you get timely results when you need them most.

Conveyancers understand that time isn't always on your side. If you're buying a new house to live in, you want a settlement day that works in your favour. Likewise, if you're selling a property, you'll need access to those funds asap for investment purposes. Talk to a conveyancing service today to see what they can do for you.

Ready to contact a conveyancer? Get in touch with Conveyancing.com today to see what we can do for you.