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PRE SETTLEMENT

First Home Owners Guide

This is the stage when you will need to satisfy the conditions of your offer so that settlement actually happens. Contact your bank or broker to obtain formal finance approval and inform your settlement agent of your purchase. You will need to sign a fair few documents that need to be witnessed by unrelated parties.

 

UTILITIES
It is also the time to speak to your utilities companies and inform them about your purchase and the likely settlement date so you have water and electricity when you move in.

FINAL INSPECTION
You will also get the opportunity to complete a final inspection on the property. The West Australian Department of Commerce website has a good property checklist template to help you. At this time you should make sure your conditions have been satisfied. That is to say that if your building inspection found any issues make sure they have been rectified and work towards a solution to fix them with the real estate agent.

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