Australia property buying procedures

Buyer will sign offer and acceptance forms and if accepted by the seller this becomes a purchase contract. immediately.

Buyer will sign the Sales & Purchase contract.

Transfer the Down Payment to the Solicitor’s trust account ready for exchange of contracts.

Seller and buyer exchange contracts. Prior to the settlement date, buyers can apply for a mortgage from the bank.

On the day of completion, settle the final payments. Once the transaction is complete, you will become the legal owner of the property.

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