Step by Step Conveyancing Process for buying a house
We have put the Conveyancing steps for buying a house in Sydney and NSW into 6 steps.
Step 1: Read the Contract. What to look out for in the first 3 pages of the Contract.
Step 2: Read the Special Conditions that come with the contract. What do the more common ones mean?
Step 3: Read the Vendor Disclosure Documents, what do they mean? Do you still want to go ahead with the purchase?
Step 4: What to do on day of Exchange – where to sign on the Contract, how much deposit shall a purchaser pay?
Step 5: As a purchaser, what must be done immediately or not long after day of Exchange.
Step 6: What must we do about 2 weeks to 2 days before Settlement, how do we work out the Settlement Adjustment Sheet, what happens on Settlement day.