
1. What percentage of settlements does the Conveyancer achieve of “being effected on time” with PEXA?
We obtain this data from the independent company PEXA, which states the avg is low to mid 80%, whereas at Skilled Conveyancing, we achieve a min of 95.4%? and continually receive High Achiever Awards!
2. What extra security does the Conveyancer have in place, for your banking details just prior to settlement?
We use PEXA KEY, which protects YOU against phishing and fraud (backed up by PEXA’s secure communication guarantee).
3. What support and advice does the Conveyancer give you relating to your contract, and carefully worded special conditions?
We deliver one on one contract reviews using the filter of PROTECTING YOU from poorly written conditions and contract points that do not work in your favour and these will only cost you time and money in the short and long term if not picked up BEFORE settlement. Some of the things we look for are Building & Pest Inspections, rubbish removal, appliances are to be in working order, checking if the Vendor has undertaken renovation/upgrades and whether there are any possible cladding and balcony issues when buying a unit.
4. What property enquiry certificates do they undertake on your behalf?
There are usually eight (8) property enquiries that need to be searched in a purchase file. YET, not every Conveyancer searches all 8. We apply for all of them and check the Section 32 document in case the vendor has provided any of them to SAVE MONEY for you. Another enquiry that is often missed by less experienced Conveyancers is not undertaking a Company Search when there is a Company involved.
5. Do they offer you information in relation to:
- PPSR – Personal Property Search Register – checking if someone has registered a security interest over personal property. i.e.. SOLAR panels, farm equipment if farmland – boats, machinery, etc.
- Title Insurance – provides cover for a range of property ownership risks, ie. Illegal building works such as structures or renovations that may been carried out by previous owners without prior approval, incorrect title boundaries, Fraud, Forgery & Identity Theft (someone claiming ownership – adverse possession), Planning & Title Defects (non-compliance with existing zoning & planning laws) unpaid rates and taxes on the property which the insured is liable for as the current owner of the property.
- MyConnect – Will connect all of your Utilities so your connections are ready to go when you move in. They partner with the best providers so you have 100% choice from their leading service providers in your area.
- Caveat – To give notice that you have an interest in the property and protects you from any dishonest behaviour (vendor trying to re-sell, re-mortgage, etc.).
6. Have they explained the “cooling off period” with you?
This period is YOUR last chance to withdraw from buying the property – it is the very last stage that you have to withdraw from the Contract without major legal or financial consequences. Without knowing and deciding this, you could get yourself in a situation no-one ever wants to be in.
7. Do they provide a full settlement report for tax purposes?
Our Settlement Report is very detailed and is useful for reconciliation purposes and to hand to your Accountant/ATO if an investment property or required by the Government for obtaining a Pension, etc.
If you would like to find out more as to how we guide you through this process, ensure your needs are always met 100% and protected against the banks and other parties, then put your details below and you will have an expert conveyancer call you within 24 business hours.
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