How Settlement Agents In Perth Can Help You Acquire Property

Settlement agents in Perth can make it easy for you to get that property you've always wanted

. These agents are responsible in gathering the necessary documents to ensure the proper transfer of your name to the title deed of the property you've purchased. Aside from this responsibility, these agents do more than just that. From the moment you've chosen the place you want to buy, these agents will help you in all aspects to ensure that you get the real estate you want without running into any problems. To give you an idea on what these settlement agents have to offer when it comes to conveyancing Perth, here's a rundown on they can do for you.

During the initial stages of purchasing property, settlement agents work on providing you with a copy of the Certificate of Title from the Department of Land Information. Along with the certificate, the agents will notify you of any encumbrances that have been registered. They will also coordinate with the seller's real estate agent and ensure that deposit made to the seller's agent was done. Finally, the settlement agent will work on obtaining the finance approval letter from the real estate agent and provide you with a copy.

Once the finance of the property has been approved, the settlement agent will work on giving you a statement of all the costs incurred during the change in ownership. The agent will also be responsible for furnishing a Transfer of Land document for you and the seller to sign to legitimize the change in ownership on the Certificate of Title. Once the change in ownership has been reflected on the Certificate of Title, the settlement agent will coordinate with the Office of State Revenue, Water Corporation, and Local Council to inform them on the change in ownership.

The settlement agent will also be responsible in coordinating with your bank to inform it of the settlement date and furnish them with a copy of the transfer documents. When it comes to making the payment, the agent will be the ones to inform your bank of the checks that needs to be given to the seller. Other duties during this stage include requesting of stamp duty for the Transfer of Land document, obtaining a copy of a Termite report, to make any necessary payments on your behalf.

Once the payment has been made and all the necessary documents have been worked on, the settlement agent will inform you to contact the real estate agent for the keys to the property. The agent will also take care of informing the seller to vacate the premises immediately. They will also take care of any outstanding shire accounts as well as to ensure that the Certificate of Title has been updated and give you a copy.

Given the number of things they can do for you, settlement agents in Perth play an important role in helping you get the property you've always wanted. So to make it easy for you to acquire real estate, don't think twice about hiring one to assist you.

by: Johnathon F Black

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