Selling guide
What happens next after your home sells?
There will be a final push to get your sale over the finish line.
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AI summary
After your home sells, the process is formalised with a Sale and Purchase Agreement. It's vital a property lawyer reviews this document, which outlines the price, conditions, and key dates.
A deposit is usually paid into a trust account, followed by the settlement period. This phase, often six weeks, includes a pre-settlement inspection to check the property's condition.
On settlement day, the final payment is made, ownership is transferred, and you receive the funds after fees are paid.
How do I accept an offer for my property?
If you sold by tender, you review all offers by a deadline and select which (if any) you want to accept.
What is the sale and purchase agreement?
When will you receive the money from your home sale?
You should talk to a lawyer before signing the sale and purchase agreement.
What is the settlement period, and what happens in this phase?
What happens on settlement day?
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