Posted in Buying, Information, Property Investment, Real Estate, Selling

Tips to help make settlement a breeze.

Settlement week can be one of the most stressful parts of purchasing a home if you are not properly prepared.  Follow these tips for careful planning and preparation and let your worries fly away.

  1. Make sure you understand and are comfortable with, the settlement terms. Then get those signed contracts over to your solicitor and bank as soon as possible, to avoid delays. They have a lot of work to do!
  2. Coordinating settlements of multiple properties can be stressful. Bridging finance is one option, allowing you to settle the properties a week or two apart.  Alternatively, you may be able to take possession of your new property earlier, or stay on at your current home after settlement, under a Licensed Agreement.  Just ask your solicitor.
  3. Communication is key – look out for and return quickly, any documents sent to you from your solicitor and bank. Most settlement delays are caused by lost or late paperwork!  During settlement week, ‘check in’ with them both, to make sure everything is running to schedule.

For more tips on how to breeze through your settlement, give me a call on 0408 991 855.

Author:

Karen Chernishov shares her knowledge on property, style and renovation, helping you sell, buy, manage or invest in real estate across Melbourne's South East, Victoria, Australia. Telephone 0408 991 855

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s