Providing top-quality property advice to Geelong for 20 years

GEELONG’S most established conveyancers, Nelson Property Transfer Services (NPTS) has more than 20 years of experience, offices located in Geelong, Bellarine and the Surf Coast, and a solid team offering you top-quality customer service.

Over time, NPTS has narrowed down some of the most common misconceptions clients have about the conveyancing process. One is in relation to a Licence Agreement.

Many people do not realise if the vendor allows the purchaser to take possession before settlement, it is vital to complete a final property inspection before signing this agreement because once you sign, you are accepting the entire property in its present condition. By getting access to the property for a final inspection, anything requiring attention can be fixed before you sign on the dotted line.

 

An imperative part of the conveyancing process is telling your bank that you are buying or selling. Do not wait until after you find your dream home. Financial institutions can experience lengthy wait times or administrative issues. Contact your bank first so they are ready to roll when NPTS first approaches them on your behalf.

If you’ve completed building works or renovations to your home, try to supply as much information as possible. NPTS can include the most relevant documentation needed for a Section 32, ensuring potential purchasers have full disclosure. Withholding information could discourage buyers or even invalidate the sale.

Finally, NPTS strongly advises vendors to keep their home/landlord insurance in place until settlement is complete. Purchasers typically start their insurance on the day of settlement, so if you cancel your policy on the day of sale, the property could be uninsured for a long period of time.

NPTS offer quality conveyancing for residential and commercial needs. Contact them today online at npts.com.au or, visit the Geelong, Bellarine or Surf Coast office. Their experienced, friendly staff look forward to assisting you.

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