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
Once your home sells, you'll sign a legally binding Sale and Purchase Agreement, which your property lawyer must review. This document details the price, conditions, and chattels.
The settlement period follows, which includes a pre-settlement inspection to ensure the home's condition is unchanged. On settlement day, lawyers manage the final payment and legal transfer of ownership. After your mortgage is paid from the proceeds, you receive the balance and hand over the keys to the new owner.
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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