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for a positive outcome
Our Services
Conveyancing
Put simply, Conveyancing comprises all of the steps which need to be taken to transfer the ownership of property from one person (or entity, such as a company) to another person (or entity).
While there are many different types of Conveyancing transactions, a typical residential transaction involves a buyer (purchaser) and a seller (vendor) entering into a Contract for the Sale of Land. This Contract contains the terms and conditions of the sale together with all of the prescribed documentation required to be attached under the NSW Conveyancing legislation.
It is important to obtain quality legal advice in relation to either drafting/compiling the Contract (if you are a vendor) or in the thorough reading of the Contract (if you are a purchaser) such that you are adequately protected at the time of entering into the conveyancing transaction.
Buying
The following constitutes an outline of the purchasing process:
» Pre purchase inspections
» Pre exchange negotiations
» Exchange contracts/payment of deposit monies
» Executing Loan Documentation
» Draft transfer
» Statutory Searches/Enquiries
» Requisitions on title
» Payment of Stamp duty on contract and transfer (or apply for exemption from duty for certain first home buyers)
» Liaising with the incoming mortgagee to comply with their settlement requirements and schedule settlement.
» Compile Settlement Adjustment Figures
» Direct the incoming mortgagee in relation to the cheques required for settlement
» Attend settlement in order to finalise the transaction
» Report to the purchaser on the settlement of the transaction
Selling
The following constitutes an outline of the selling process:
» Prepare Contract for Sale
» Negotiate/Liaise with purchasers solicitor in relation to any requested amendments to the contract.
» Exchange Contracts
» Liaise with outgoing mortgagee to discharge mortgage and request payout figure
» Respond to Requisitions on title
» Execute transfer
» Further liaison with the discharging mortgagee (or their solicitor) to obtain a payout figure and schedule settlement
» Confirm Settlement Adjustment Figures
» Direct the purchaser’s solicitor to provide the required settlement cheques
» Attend settlement in order to finalise the transaction
» Report to the vendor on the settlement of the transaction
First Home Buyer
The NSW State Government has over the last 14 years introduced a number of grants and stamp duty exemptions and concessions in order to assist first home buyers and make it more affordable and accessible for them to buy their first home.
We have many years of experience in assisting first home buyers and advising first home buyers with the purchase of their all important first home and in obtaining the first home benefits that are available at the particular time.
Should you have any queries in relation to first home purchases do not hesitate to contact our friendly staff.
Pre Exchange Inspections
As a purchaser generally takes a property subject to all physical defects in the property, ie construction defects, damage/wear and tear that has occurred to the property. It is therefore important for a purchaser to be satisfied as to the condition of the property prior to exchange of contracts. Inspections such as building reports, pest reports, strata records inspections (if strata title), company records inspections (if company title), survey reports are examples of reports which may be conducted prior to exchange of contracts to protect the prospective purchaser and ensure that they are adequately informed about the condition of the property being purchased.
It is also advisable to make enquiries with neighbouring property owners or tenants in order to identify any problems which they may be aware of in relation to the property or the neighbourhood. Enquiries should also be made with the local council to ensure that any structures/improvements which have been erected on the property have been erected with Council approval or alternatively, a building certificate be obtained from Council which indicates that Council proposes to take no action in relation to the structure which is erected on the property.
Languages Spoken
We speak the following languages:
» English
» Greek
» Indonesian
» Spanish
» Hebrew
Property Valuations
For property valuations we recommend Aspect Valuation Services. They also provide a comprehensive property finding service for purchasers.
Finance
When selecting a mortgage broker to assist in relation to obtaining appropriate finance on the purchase of a property, it is important to engage someone who has efficient and hardworking, with a wide range of product knowledge. Alex Lambros from LoanPlan Financial Services possesses all of these qualities and will assist you through the loan application process with the utmost of professionalism. This professionalism combined with Alex’s good natured and friendly style makes him the ideal pick when it comes to engaging a mortgage broker. Alex and communicates well with clients throughout the loan applications process to ensure that they are well informed.
It is also important to note that a mortgage broker (unlike a specific bank) has the ability to compare loan products available from many different lenders and can take your individual circumstances into account when selecting the appropriate loan and institution for you. There is also no fee payable by you to the broker. All of the broker’s fees will be paid directly by the institution which is ultimately selected to obtain finance through.
Should you wish to arrange an obligation free consultation with Alex in order to discuss your finance options please do not hesitate to contact him on 0414 642 299.
Alex Lambros
Loan Consultant
LoanPlan Financial Services
M: 0414 642 299 F: 02 8362 4777
alambros@loanplan.com.au