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 finalised with a Sale and Purchase Agreement. It is crucial to have a property lawyer review this legally binding document before you sign. The buyer typically pays a deposit into a trust account at this stage.
The time between signing and the final handover is the settlement period, which includes a pre-settlement inspection. On settlement day, your lawyer receives the final payment, pays your mortgage and fees, transfers ownership, and then pays the remaining funds to you.
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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