Settlement Agents for Postans Buyers and Sellers

Settlement agents for buyers and sellers

Part of Perth’s southern suburbs, Postans sits roughly 30 km south of the Perth CBD. When a property goes under offer, someone has to search the title, deal with the rates and water, arrange duty and get the transfer registered. That is our job.

Our Myaree office is roughly 20 km to the north. A home appointment is usually possible, and the whole settlement can just as easily be done remotely.

Buying or selling a house is a lengthy and complex process and obtaining professional advice will help ensure your smooth and successful property settlement in Postans. The main job of a settlement agent is to transfer the ownership of the property and depending on whether you are buying or selling has various different components.

The kind of settlements we handle here

Around Postans, contracts frequently involve new lots, recently created titles or land where the deposited plan is still working its way through, and that changes how settlement dates behave.

Typical local settlements look like this:

• house-and-land contracts and the timing between land settlement and build start
• new-lot titles created from a deposited or survey-strata plan
• first home buyer duty concessions and grant timing, confirmed with RevenueWA
• developer covenants and design guidelines noted against the land
• keeping finance approval valid while titles are pending

The practical consequence for a Postans buyer is that the important dates are often not the ones you would expect. Finance approval has to stay valid while titles are pending, and the timing of duty, first-home concessions and any grant depends on what is actually being bought and when it settles.

So the work here is as much about tracking and communication as it is about paperwork. Titles issue when they issue, and the value of having someone on it is that you find out early rather than on the day.

We also act for buyers and sellers nearby in conveyancing in Medina, Orelia, Hope Valley, The Spectacles and Calista.

What we handle once the contract is signed

There is a reason people do not do their own conveyancing, and it is not the difficulty of any single step. We search the certificate of title and check what is registered against it, raise enquiries with the local shire or council, Water Corporation and any strata company, prepare and lodge the transfer documents, attend to transfer duty through State Revenue Online, calculate the adjustments so rates, water and levies are shared fairly to the day, and complete settlement electronically.

One practical tip for buyers: do not book removalists for first thing on settlement day. Settlement happens when the funds and documents are exchanged, and until it does, the keys are not yours to collect.

Because settlements are completed electronically in WA, where you live in relation to our office makes no difference to how your settlement is handled.

Our conveyancing services

Jacaranda Settlements is licensed in all aspects of conveyancing in Western Australia. That covers:

• Private sales – Where there is no agent involved, we handle the transaction between the parties.
• Lodgement at Landgate – Preparation and lodgement of documents for registration.
• Vacant land settlements – Land purchases and sales, including contracts that are conditional on the title issuing.
• Home settlements – Transfers of established houses, duplexes, townhouses and villa strata, for buyers and for sellers.
• Buying – Everything from the accepted offer through to registration of your name on the title.
• Transfer duty through State Revenue Online – We arrange stamping, so duty does not need to be paid before settlement.

Every one of these is quoted before we start, so you know the cost before you commit to anything.

Settling a property from anywhere in WA

From our Myaree office it is about roughly 20 km to Postans, so a home appointment is usually straightforward to arrange, weekends included. That covers signing the documentation and the verification of identity check required of sellers.

If it is easier, the entire settlement can be handled remotely instead, by phone, email and electronic signing, with nothing for you to attend on settlement day. Call Shelley on 0428 336 878 to talk through which works better for you.

We offer cost-effective and stress-free settlement

We are licensed in all aspects of conveyancing in Western Australia. Other services that we offer:

Settlement questions, answered

I am buying land in Postans and the title has not issued yet. What happens?

Settlement is triggered by the title issuing rather than by a fixed date, so the timing is driven by when the plan is registered. We monitor it, keep your lender in the loop and give you as much notice as we can once a date firms up.

What happens if the other side is not ready on settlement day?

It happens, and the contract usually deals with it, including interest for the delay. The important thing is that you tell us as soon as you know, because a problem raised early can normally be worked around.

Can I use a settlement agent if there is no real estate agent involved?

Yes. Private sales are common and we handle them regularly. Without an agent in the middle, having the contract and the paperwork done properly matters more, not less.

Don’t have time to get to an office?

Our services include Postans home appointments, including weekends to sign confusing documentation and to conduct a verification of identity check for sellers to avoid going to Australia post. However, we are also able to work remotely to do all this over the phone or in person.