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An offer is presented by your Real Estate Agent from your potential buyer.
Here is where negotiations of the offer usually happen, and are accepted when all parties are happy with the price.
Once accepted you will need to appoint your Settlement Agent.
You can contact us here to request a quote.
Simply Settlements will then receive your Contract of Sale, review all of the conditions noted, and begin preparing your initial settlement documentation. This documentation requires your original signature(s) and will be sent to you to you in the post, or you can come to our office.
If you have a mortgage on the property, now is a good time to contact your bank or mortgage broker to request a Discharge of Mortgage form. Once you receive this and complete all of the necessary fields, you will need to email the document to our office so we can submit it to the bankon your behalf.
If you have your duplicate Certificate of Title at home, now is a good time to locate it and arrange for this to be delivered to our office or if you have lost your duplicate Certificate of Title, we can now start an application to Landgate for a replacement Title to be issued in time for settlement.
Once your buyer’s finance is approved we will email you your unconditional settlement documentation, which will include confirmation of your Residual Current Devices and Smoke Alarms being compliant at the property. Should this not be the case, you will need to have an electrician attend your property to meet the compliance requirements. These documents will be emailed to you and can be returned via email.
At this stage we will need to complete your 100-point Verification of Identity by way of your passport, or birth certificate and driver’s licence. We include completion of this in our office as part of your settlement fee, but should you not be able to make it to us, Australia Post can complete this for you at a cost of $49 per person. Please let us know what you prefer and we can make the necessary arrangements with you.
We liaise with your bank ensuring they have everything they need in readiness to complete settlement and are on track for your due settlement date.
Rates and taxes are received from the local authorities and necessary adjustments are made as part of settlement.
Settlement is then booked with all parties, and completed via the PEXA software platform which enables faster registration of documents, notification and distribution of funds.
Once settlement is completed you will receive your final settlement documentation, including your final settlement statement for your records.
“The greatest compliment you can give me is the opportunity to look after the settlement needs of your family, friends and colleagues”