6 Great conveyancing tips for a quick buy

Wednesday, August 5, 2015, 6:00 AM | 7 Comments

There are often many bridges to cross when it comes to buying property and conveyancing professionals can help buyers through these hurdles in order to facilitate a quick and successful deal.

Conveyancing can help you avoid wasting much time by doing what you need to do when you need to do it.

The following are some things you can do to avoid wasting too much time:

  1. Get financially equipped

    Finance is the biggest challenge in the buying process; it is all about the money anyway. Most of the holdup is usually with the mortgage lenders because they ideally prefer cash buyers.

    Therefore, if you are getting a mortgage, you should contact the lender and let it know you need a fast completion.

    If you are getting money from friends or family, the conveyance needs to find out whether the money is a gift or a loan and obtain important documents from them as well.

    You should contact your conveyance early to handle this extra documentation.

  2. Fax documents

    The movement of documents from the lenders to the conveyance can take quite some time. You could have the mortgage lender fax the documents to the conveyance to avoid wasting money and even time.

  3. Complete documents as fast as possible

    It is advisable to have everything in hand before you get the sale contract from the seller.

    Therefore, start working with your conveyance early to fill in the relevant forms and give your certified identification.

    You should also pay for searches early to get everything moving. The ideal situation should be that all your documents are ready and once the seller accepts your offer, signing the contract should be enough to seal the deal.

  4. Make enquiries fast

    Once you get the sale contract from the seller, sit down with your conveyance and discuss any inquires you need to make about it as soon as possible, especially if the inquiries base on the contract details.

    Be thorough with the contract; go over all the figures, clarifications on fixtures and fittings. Getting the questions out early gives the seller enough time to respond and obtain the relevant documents to back these claims from third parties. Read more at www.conveyancing24-7.com.

  5. Give your conveyance all the documents in advance

    Your conveyance will not be able to exchange contracts with the seller unless after filling of all the information, the contracts signed and the transfer and mortgage deeds attached.

    Conveyancers work with original documents and you may need to post these, which will take time. Getting them out in advance can help to speed up the conveyancing process.

  6. Chase the sellers solicitor

    Your conveyance is limited in action until they receive the sale contract, search results can take anything between one and three weeks while the seller may take a lot of time to answer to the inquiries made about the contract.

All these are time consuming hurdles in the conveyancing process. It is crucial to have a conveyance that is pushy enough to keep things moving with the other solicitor.

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  1. 7 Responses to “6 Great conveyancing tips for a quick buy”

  2. By AlexJ - Direct Property Network on Aug 6, 2015, 11:04 pm | Reply

    Also when you speak to your conveyancer don’t forget to ask – what happens if something goes wrong. A good quality conveyancing team will have come across these issues before and should be able to provide you solid advice on how to either avoid these issues or what you should do should they arise. Great post ! Worth to read and share

  3. By Audrey Blakeney on Aug 13, 2015, 10:58 am | Reply

    My husband and I recently found out that we are being relocated for his job, which means we need to find a new home in another state within just a few weeks. We’ve been gathering ideas about how to buy a home quickly, and the one you shared about getting all the proper documents to a conveyor quickly and all at once seems like it may be one of the most effective ways to do so. We have all of our documents electronically. Would it be faster to send them this way, or should the original hard copies be sent in the mail?

  4. By Jack Moore on Nov 18, 2015, 5:39 pm | Reply

    This was really helpful! I know a lot of people get pretty stressed and stretched thin when they’re going through big moves. In my experience, hiring the right conveyance service is the most important thing to alleviate stress. If you have enough communication and contact then it really does seem so much easier and less frightening. Thanks for all the information!

  5. By Laurel Larsen on Feb 9, 2016, 3:15 pm | Reply

    Buying a piece of real estate seems like a very complex process, and even a little piece of paperwork can hold up the whole deal. Your advice to make sure you have all of your documents prepared and ready to go before going to the seller seems like a great way to expedite the process though. Besides, if you start work with the conveyancer early enough, you have a better chance of actually being able to purchase the property!

  6. By Kayla Rogers on Mar 3, 2016, 2:30 pm | Reply

    It would be overwhelming to buy a piece of real estate. I would probably get hung up on every little detail, and so having the documents prepared ahead of time for my conveyancer would help me relax. Plus, they would be able to foresee potential problems if they had the information ahead of time.

  7. By Silas Knight on Jun 6, 2016, 7:08 pm | Reply

    You have some great tips for making sure that the process of buying a home goes quickly and smoothly. I like the 5th one you mentioned, giving your conveyancer the needed documents in advance makes a lot of sense. I have yet to buy my own house, but when I do, I’ll remember this, thanks!

  8. By Kendall Everett on Sep 28, 2016, 5:18 pm | Reply

    It’s a good idea to have all documents ready before getting into the sale of the home like you mentioned. The more prepared you are with all the information you need, including what the conveyance has that will help the process move more quickly. We are currently in the process of purchasing our own home and in addition to the tips you gave, we also plan to take pictures as another form of documentation.

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