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 next step is signing a Sale and Purchase Agreement. It's crucial to have a property lawyer review this legally binding document, which details the price, conditions, and settlement date.
The buyer typically pays a deposit, initiating the settlement period. During this time, a pre-settlement inspection is conducted. On settlement day, your lawyer receives the final payment, pays your mortgage and agent fees, and transfers the remaining funds to you, officially completing the sale.
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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