General Conveyancing FAQ's

No!  We have plenty of options to communicate and sign paperwork which we can tailor to your needs.  You won't actually need to physically attend and meet with us. 

 

We'll talk about what suits you best, and then outline the easy process to move forward.

You can get the grant for any completed new property with a price under $600,000 and for a land and build valued under $750,000
If you satisfy the eligibility requirements yes you may get a grant, contact us for the more info as this is always changing.

There are a few options to do this outside of our office.  We can send you a link to complete the ID check from your mobile or tablet, you may visit an Australia Post outlet (we will send you a form to take with you), or you may choose to have a verifier come to you at the time and venue of your choosing (ZipID).  

Please see below list of ID documents that are acceptable;

- Australian Passport 
- Australian Drivers Licence
- Australian  Birth Certificate
- Foreign Passport
- Australian Citizenship
- Visa documents / Immi card
- Medicare Card

That we are there for you!

  • You don't need to know everything
  • You don't need to remember everything
  • You don't need to feel lost
  • You don't need to feel afraid to ask questions

Our team are the ones who know all you need to know.  We'll lead you along the way, and answer any questions you may have when you think of them.

If you're buying your first property, the only thing you need to do is to make contact with us!

Contact us as soon as possible before auction day.

If you attend the auction and are the successful bidder, then you are fully locked into going ahead with the purchase straight away. This means if you can't go ahead for any reason after that time, you will be risking losing an amount equal to 10% of the purchase price (no matter what initial deposit you put down) to the owner.

Before auction day, you need to ensure you've done the following:

  • gone through the Contract paperwork with us;
  • finalised any inspections you want to undertake (pest / building / strata / checking the working order of appliances at the property);
  • obtained an unconditional loan approval from your bank - not a pre approval, but a  full approval.  The bank need to make sure they are satisfied with this property as security for your loan before the auction takes place
We don't have it on our website to avoid spam.  It's easy to make contact in the same way you would via an email though - just click on the "Contact Us" tab above and fill in the form.  It will come through to our team via an email and we'll then respond as soon as possible.

This is where you put down a 0.25% deposit to secure the property and sign the Contract with the agent.

For a buyer: 

  • the benefit of proceeding this way is that it locks the owner into the sale you get 5 working days in which to finalise any inspections / finance etc.  During that time the owner cannot accept any other offers on the property
  • The negative of proceeding this way is that if you decide not to proceed past that 5 day period for any reason you will lose your 0.25% deposit).  If you do proceed this way, you can still negotiate any changes to the contract or price during the cooling off period (obviously it will be up to the vendor however, to decide whether they are willing to accept any such changes)

For a seller:

  • the benefit of proceeding this way is that you get some part security that the purchaser is actually interested in going ahead - you will get compensated (to an amount equal to 0.25% of the purchase price) if they do not proceed within the 5 business day cooling off time.  Without a cooling off period, you get no compensation if the buyer decides to walk away at any time before signing the Contract
  • the negative of proceeding this way is that you lock other buyers out during the cooling off time. You are fully bound by the Contract, and have to wait to the end of the cooling off period to know if the purchaser is going ahead or not.

Contact us as soon as possible before auction day.

If you attend the auction and are the successful bidder, then you are fully locked into going ahead with the purchase straight away. This means if you can't go ahead for any reason after that time, you will be risking losing an amount equal to 10% of the purchase price (no matter what initial deposit you put down) to the owner.

Before auction day, you need to ensure you've done the following:

  • gone through the Contract paperwork with us;
  • finalised any inspections you want to undertake (pest / building / strata / checking the working order of appliances at the property);
  • obtained an unconditional loan approval from your bank - not a pre approval, but a  full approval.  The bank need to make sure they are satisfied with this property as security for your loan before the auction takes place

No. We hold professional indemnity insurance just like solicitors.  We are fully qualified to deal with any property transaction within NSW and specialise in just that.

We do not offer advice or assistance with finance or taxation issues. We are not qualified to do so. You should consult an accountant on these issues.  In some circumstances a financial planner may also be important.

This is a savings or transaction account that is linked to a home loan account. The balance can be offset again the home loan balance, meaning a borrower is only charged interest on the difference between the two.
This is the difference between the market value of a property and the amount still owed on the home loan. You can potentially use this equity to borrow more money to purchase an investment property or pay for renovations.

These are apportionments of rates and outgoings to the property from the date of settlement or any date required by the special conditions in the Contract prior to settlement between the parties. Adjustments generally include the current instalment of Council land rates, a daily average rate for water usage and fees for any discharge of any mortgage or caveat.

You should re-inspect just before exchange to ensure the working order and condition of the property as a whole.  You are then entitled to a final inspection within the 3 days prior to settlement taking place. You should make an appointment with the real estate agent for these inspections.

A settlement time is usually confirmed at least 1 week prior to settlement, the most common timing is between 2-3pm.  If you need to book removalists well in advance, please advise our office as to what time you have arranged with the removalists and we will endeavour to book settlement as close to that time as possible. You should note the time cannot be guaranteed however, as your lender and the other side’s lender will have to agree to your preferred time for settlement and some will only complete settlement in the afternoon.

No, World Class Conveyancing will attend settlement on your behalf

Electronic settlements are done via the PEXA platform and you will generally recieve the cleared funds in your bank account within 24 hours sometimes sooner depending on the time of settlement and who you bank with. 

Contact us by phone to double check the request or email did come from us.

World Class Conveyancing are conveniently located in Sydney at Bankstown and Miranda, and on the Central Coast at Erina.

World Class Conveyancing PTY LTD

ABN 95 618 310 884
Corporation Lic: 05008195
Personal Lic: 05003091

JUSTICE OF THE
PEACE AVAILABLE

Cyber security is a priority which is why we share documents with you via a secure portal: Law Connect. Our trust account details will be notified within that portal and will not change during your transaction. Please ensure to be cautious of any emails you receive purporting to give account details or requesting yours. We cannot accept responsibility if you transfer money into an incorrect bank account.