They say moving house can be one of the most stressful times in a person’s life, up there with going through a divorce and having a loved one pass away. Add buying a house and going through the settlement process to that and you’ve got yourself one very stressful process on your hands.
Settlement is a complex legal process that involves the transfer of property ownership. It’s common knowledge that settlement can bring with it many hiccups, things don’t always go as smoothly as we hope, however there are things you can do to help alleviate the stress and pressure a little. Hiring the help of a settlement agent or ‘conveyancer’ is one of the best ways to reduce the likelihood of issues and the coinciding panic attacks that come with those it.
A settlement agent has vast knowledge and experience in dealing with the regulations and procedures surrounding settlement required by the government in your state. Your settlement agent can inspect the sales contract and ensure enough time has been allowed between the finance approval date and settlement date to complete the paperwork. They can prepare the sometimes confusing documentation you need to sign and explain to you what everything means. Documents may include transfer of ownership, transfer of land, stamp duty application, authority to proceed and anything else you need to complete settlement. Your agent will also check that any existing debts or mortgages against the property are paid off, perform a title search and check everything is correct with the certificate of title for the property, register the transaction with all the appropriate authorities and many other duties.
For expert house/residential settlements in Busselton WA and surrounding areas, get in touch with our Nicole from Greographe Settlements today!