If you’re going through the process of a property transfer, and you’re seeing how quickly the costs are racking up, you’re probably wondering why it costs so much for a conveyancer to check the contracts involved.
You might also be thinking of bypassing another expense for a task that seems relatively simple. If you’re considering doing your own conveyancing, here are some risks and factors to consider.
What does conveyancing really involve?
The process of conveyancing involves more than just filling in some paperwork and signing on the dotted line.
In Australia, a Certificate of Title refers to land, rather than to buildings. Transferring the ownership thus involves a fair amount of digging around and developing a clear understanding of the condition of the for sale and any buildings on it.
In certain areas, there may also be local zoning laws affecting the transfer of a property or any activities that the new buyer may have visions for. The conveyancing process uncovers these and other factors that influence the property transfer.
Even if you do not engage an experienced conveyancer, you will still need to fork out a few hundred dollars to complete the necessary searches and legal checks. If you don’t know what to look out for, you could be putting yourself in a risky situation.
What risks are associated with DIY conveyancing?
As expert settlement agents, we have seen first hand how our team are an integral part of the property transaction and how we allow buyers and sellers to have peace of mind during the entire process.
If you decide to undertake DIY conveyancing on your own without the support of experts, you may be in for a bumpy ride. Managing the process from beginning to end, along with any curveballs that are added into the mix halfway through, is a tough gig!
If you’re considering this option, think about the risk of fines or breaches of contract. Think also about the amount of time you are prepared to invest to ensure your transaction goes smoothly. Are you able to spend the time that’s necessary performing the required searches and checks and negotiating with all the parties involved?
Think also about the amount of time you are prepared to invest to ensure your transaction goes smoothly. Are you able to spend the time that’s necessary performing the required searches and checks and negotiating with all the parties involved?
Is the headache of doing it yourself really worth foregoing the services of an experienced property settlement agent?
Why Choosing KDD Conveyancing Is a Smarter Option
At KDD Conveyancing, we are expert conveyancers and handle both residential and commercial settlements day in, day out. It’s all we do.
We have the experience and qualifications to complete all necessary checks and follow ups on your property transaction. We also pride ourselves on being at the forefront of technology in our industry. As a result, you can stay up to date on our progress using the mobile technology we implement in our processes.
How We Use Cutting Edge Industry Tech to Streamline the Conveyancing Process
We incorporate a number of leading industry technologies in our conveyancing process which means you can enjoy a smooth, streamlined experience.
PEXA is the world’s first online network which allows electronic lodgement and financial settlement of a property transaction. On the other hand, Houseroo is a mobile technology which keeps all parties up to date on what stage of the process the property transfer is up to. As a buyer or seller, you can view the stages of the property transfer at any time you wish with the ease of an app.
The integration of new technologies into our process allows us to offer a greater degree of transparency and 24/7 access to the necessary information related to your property transfer.
Thanks to these technologies, we help our clients secure a faster and smoother settlement with no missed deadlines and while keeping everyone in the loop at the click of a button.