For selling with a mortgage

What we will take care of:

• Open our file, obtain your details, prepare and forwarding you our letter of engagement
• Receive and peruse the sale and purchase agreement
• Monitor confirmation of contract conditions by buyer’s lawyer
• Receive advice from buyer’s lawyer as to confirmation of contract conditions (or termination of the contract) and notify you
• Request a discharge of your mortgage and a repayment statement from your lender
• Obtain rates information from Council and prepare settlement statement including apportionment of outgoings (e.g. rates, body corporate or company levies)
• Receive and check sale notice from buyer’s lawyer
• Check eDealing set up by buyer’s lawyer
• All attendances with real estate agent in checking that deposit paid by buyer
• Prepare Client Authority & Instruction Form for you to sign for registration of the transfer of ownership to buyer
• Receive and checking your lender’s authority to discharge your mortgage
• Prepare preliminary statement of account
• Attend on your signing of all documentation
• Receive repayment statement from your lender and finalise statement of account
• Prepare for settlement
• Attend on settlement including releasing documents to buyer’s lawyer and repaying your lender
• Forward notice of sale to Council
• Pay your sale proceeds to your nominated bank account
• Report to you

Additional fees will apply on the following circumstances:

• Dealing with any queries as a result of the buyer obtaining a LIM or any other report on the property
• Drafting an agreement for sale and purchase
• Any pre-contract negotiations or advice
• Where the property being purchased is a cross lease or unit title
• Where the documents have been sent out for signing or you require more than one meeting to sign the documents
• Where the property is being sold subject to an existing tenancy
• Where the transaction is urgent
• Any last-minute problems arising from buyer’s pre-settlement inspection of the property