In the real estate business, a conveyancer is someone who specialises in the legal aspects of buying and selling properties. They are also known as property attorneys.
The services offered by conveyancers include dealing with property transactions, assisting buyers with home financing, identifying title problems on properties, and many more.
If you’re planning to buy or sell a property soon, reading this article will come in handy.
This blog post will provide information about the various services offered by conveyancers in Melbourne so that you can choose the right one for your needs.
Buying a Property
Many people buy real estate as an investment. Whether you want to live in the property or rent it out, you’ll need a good conveyancer to help you buy a property.
Some of the services that real estate conveyancers can provide when you’re buying a property include:
- Identifying the right property for you: Buying a property is a major decision. A good conveyancer will help you find the right property for your needs. They will help you identify suitable properties, visit them, and negotiate with the sellers.
- Reviewing the sales contract: When you’ve found a suitable property, you’ll negotiate a sales contract with the seller. A good conveyancer will review the sales contract and ensure that everything is in order. They’ll also help you identify any problems with the contract.
- Closing the sale and transferring the title: When the sales contract is signed and the payment is received in full, the conveyancer will start the closing procedure to transfer the title of the property to you.
Selling a Property
A good conveyancer will help you sell your property by providing the following services:
- Identifying the right buyers: A good conveyancer will help you identify the right buyer for your property. They’ll help you market the property and make it attractive to potential buyers.
- Drafting the sales contract: A good conveyancer will help you draft a sales contract that clearly outlines your expectations and the terms of the sale. This contract will include details such as the sales price, date of the sale, and deposit details.
- Collecting the funds due from the buyer: When the sales contract is signed, the buyer will usually make a deposit. The conveyancer will then collect the funds from the buyer and hold them until the property is sold.
- Closing the sale and transferring the title: When the sale is closed, the conveyancer will start the closing procedure and help you transfer the title of the property to the buyer.
Mortgage Adviser and Repossession Services
Many real estate conveyancers provide other services such as providing mortgage advice and repossession services.
A mortgage adviser helps you find the best mortgage lender and advises you on the type of loan that best suits your needs.
A repossession service, on the other hand, helps you repossess your property when the buyer doesn’t honor the sales contract. This is usually done when the buyer fails to meet the terms of the sales contract.
A repossession service will help you order the buyer to vacate the property, and then they’ll list the property for sale. They’ll help you serve the buyer with a repossession notice, conduct the property survey, and attend the closing meeting where you’ll take possession of the property.
Real estate conveyancing services are provided by property attorneys or conveyancers. These services include buying a property, selling a property, obtaining a mortgage, and renting a property.
A good conveyancer will help you find the right property for you, help you sell your property, and obtain a mortgage when needed.