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  • Profile photo of rinjirinji
    Participant
    @rinji
    Join Date: 2014
    Post Count: 7
    January 1, 2015 - 11:52 am

    It’s in VIC.

    Profile photo of rinjirinji
    Participant
    @rinji
    Join Date: 2014
    Post Count: 7
    December 31, 2014 - 1:08 am

    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 other way around.
    The buyer has signed it already so once I sign it, it will be an effective complete form.
    Did my friend give me a wrong information? What is the standard procedure?

    Profile photo of rinjirinji
    Participant
    @rinji
    Join Date: 2014
    Post Count: 7
    December 30, 2014 - 10:31 pm

    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.

    In addition to that, the assistant of the solicitor has made a mistake before so I’d prefer to get some second opinions too.

    Thanks.

    • This reply was modified 9 years, 12 months ago by Profile photo of rinji rinji.
    Profile photo of rinjirinji
    Participant
    @rinji
    Join Date: 2014
    Post Count: 7
    January 21, 2014 - 12:49 am

    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 better choice? 

Viewing 4 posts - 1 through 4 (of 4 total)