Conveyancers, why do you need one?
What does a Conveyancer do, and why you want to pay us what we’re worth?
People have a general idea about what Conveyancer’s do, however, they may not be aware of the importance of the role. This article explains Conveyancers do I need one?, what we do, and why we are worth every cent.
Why do I need a Conveyancer? Can’t I just save money and do it myself?
There can be many hurdles to settling a property. Listed here are just a few that may be faced when settling a property:
- Deposit not paid on time
- Bank/financial institution not able to settle on time
- One party not ready to settle on time
- One party refuses to settle
- Finance declined
- Unacceptable property condition at the time of settlement
- Boundary disputes and unapproved structures erected
- Title restrictions and encumbrances
- Tenants not vacated
- Unpaid rates and taxes
- Incomplete work on the property by vendors
- Claims for compensation
Consequently, these are not the only possible issues or difficulties. Additionally, there is the compiling and signing of legal paper-work, contract jargon, the actual process of transferring the title, the complex and frequent changes in real estate law, deadlines, and not to mention negotiating with other professionals involved in the process!
In essence, a conveyancer is like a project manager for property sales or purchases; coordinating all of the other property experts to ensure the best possible outcome. There are many parts to settling a property and it is the conveyancer’s duty to ensure it all comes together, smoothly and seamlessly. Conveyancers work hard to limit or remove any obstacles to a successful settlement.
The conveyancing is the final piece in the puzzle that makes up a property settlement; a settlement that could not proceed without the wealth of knowledge of a skilled professional.
Conveyancing; more than just paperwork
Conveyancers are well-connected folk, too. A large part of the role involves liaising with countless other professionals from various industries.
For this reason, it is imperative conveyancers be experts in building trusted and reliable networks. Great relationships ensure an amicable and successful resolution of any disputes. It all forms part of the seamless and smooth settlement process mentioned earlier; conveyancers do all the “behind the scenes dirty work”, so their clients don’t have to.
A great conveyancer will know their client’s unique situation, needs, and wants. Knowing these details allows for better negotiating on a client’s behalf and an increased awareness of how best to protect the client.
Likewise, there may be times when the conveyancer needs to clarify a contract detail or similar. For example, whether to sign the contract as “tenants in common” or “joint tenants”. An important concept to understand, as this defines how the property is managed when a client passes away. It is the conveyancer who provides guidance on how best to sign in this instance, based on the client’s goals for the property.
Conveyancing, in a nutshell.
Conveyancing is an important process of the legal transferring of a title. It involves many steps. A conveyancer reviews contract documents, protecting your interest in the property and providing guidance on any restrictions. This removes any possibility of the contract poorly impacting the parties involved or impacting on the actual transaction.
The conveyancer also makes sure that the contract terms are completely understood, prior to obtaining signatures.
Another reason for hiring a conveyancer is that they can save customers money. In the unfortunate event of a delay, the conveyancer will ensure their client receives their entitlements. Alternatively, the conveyancer makes sure their clients don’t have to bear any unnecessary costs. It is an important part of the role, I am sure you will agree!
Property transactions are noted as being one of the most stressful life events. Any mistakes may be costly, and unfortunately, can be negatively life changing. It is your conveyancer’s duty to ensure that you are protected as much as possible to the extent of the law.
A lot goes on behind the scenes in property settlements, and it is the conveyancer who does the running around, phone calls, emails, negotiating etc. to ensure that settlement occurs on time.
Conveyancing is the very last step in the process, however, it is the most important one. Conveyancers are the end-point; the “closers” of the deal. If the process is not done correctly, the settlement will not be finalised.
Price is what you pay. Value is what you receive.
The final stage of the property settlement is not the place that you want cut costs.
It is wise to negotiate with the agent and the lender for a better deal. Shopping around for better quotes on insurances, pest and building inspections, etc. are a necessity. In contrast, paying the conveyancer every cent they are worth should be paramount.
Conveyancers are professionals who take the full responsibility for the legal transactions, in addition to the stress and worry. This allows you to remain relaxed and excited about your new investment.
Sometimes, delays in the process occur. Delays can be due to the banks, other agents, or contract issues. Unfortunately, this can be a very real possibility for some clients, causing much distress and uncertainty. A conveyancer will do everything possible to prevent such delays.
What does a Tuckfield conveyancer do?
Tuckfield Conveyancing can proudly boast that to date, any delays to client’s settlements have not been due to one of our conveyancers missing a deadline. We work tirelessly to ensure your settlement occurs on time, every time.
We are committed to superior customer service, which doesn’t just end at settlement. Our team is available to answer any questions or concerns you may have, even after your transaction has been finalised.
In summary, we are passionate about what we do, and more importantly, being good at it. In fact, not just good, but the best. Tuckfield conveyancers go above and beyond, doing all they can to make sure their clients feel cared for, safe, and happy.
Call our office and chat with one of our conveyancers; we know we will put your mind at ease from the very first conversation.
Article written by Tammy Edwards | Hero Image by Pexels
Please note that the information contained in this article is of a general nature only and does not constitute legal advice. Tuckfields does not take responsibility for any errors or omissions obtained from the use of this information.