Ensuring a Smooth Transaction from Home Sale Contract to Settlement

A contract isn’t binding until each of you, the home buyer and the seller, has a copy signed by both of you. If you’re selling via private treaty sale:



  • Make sure your agent can contact you immediately when he receives a good offer.



  • Have your solicitor/conveyancer on call to be able to get moving on the conveyancing, too, to ensure the process goes as smoothly as possible.




For settlement day, make sure you:



  • Vacate the property (unless the sale goes through with tenants in place).



  • Leave it in the same condition it was in when your buyer signed the contract — otherwise the buyer has the legal right to delay or pull out of the settlement.



  • Organise the disconnection of all utilities.



  • Hand over the keys to the new owners.











dummies

Source:http://www.dummies.com/how-to/content/ensuring-a-smooth-transaction-from-home-sale-contr.html

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