rinji replied to the topic Settlement procedure in the forum Help Needed! 9 years, 10 months ago
It’s in VIC.
rinji replied to the topic Settlement procedure in the forum Help Needed! 9 years, 10 months ago
Thanks for the replies. I really appreciate your help.
I just have one more question regarding this procedure.
I was told by a friend that usually the seller signs the form first than hand it over to the buyer’s solicitor.
Then, the buyer signs it and gives it back to the seller’s solicitor on the settlement day.
However, in my case, it’s the…[Read more]rinji replied to the topic Settlement procedure in the forum Help Needed! 9 years, 10 months ago
Hi Andrew,
I have asked my solicitor already.
He doesn’t really deal with me directly. His assistant told me that it’d be safe to do so because the bank won’t discharge the mortgage unless it’s fully paid. However, as this is my first time selling a house, I’d like to get more information from people who have experiences selling properties.…[Read more]rinji started the topic Settlement procedure in the forum Help Needed! 9 years, 10 months ago
Hi guys,
I need an advice on the settlement procedure when selling a house.
My solicitor asked me to sign the ‘Transfer of Land’ BEFORE the actual settlement day.
I have not been paid for the house yet so I’m not comfortable signing the document.
Is this normal to sign the transfer of land document in advance?
Do I need some kind of terms…[Read more]rinji replied to the topic Where to get a valuation for a property? in the forum Help Needed! 10 years, 9 months ago
Thanks a lot guys!
My accountant suggested me to get a valuation of the property if I'm thinking of selling my property in the future.
If I understood him correctly, it's better to get a higher valuation as the capital gain from selling the house will be less…
It's all complicated to me but in this case, would an independent valuer be the…[Read more]