.::Welcome to Direct Mobile::.

	What is conveyancing?
	Why do you need Direct Mobile Conveyancing?
	What to do before you sign a contract?
	What happens after you have signed a contract?
	Our Fee Structure.

What is conveyancing?

In brief, conveyancing is the process of transferring ownership rights of a property from one person to another.

At Direct Mobile Conveyancing all of our staff are experienced in the processes and legal requirements to transfer any property in Victoria, whether you are buying:

Residential	Vacant land	Car space
Commercial	House	Warehouse
Rural	Unit / Flat	Factory
Industrial	Apartment	Other

Contact us

Why do you need Direct Mobile Conveyancing?

As your conveyancer we will:

Review the selling documentation before you sign to buy the property. This includes the Section 32 Statement and Contract Note/Contract of Sale.

Explain the information contained in the Section 32 Statement and Contract of Sale/Contract Note to you together with the different terminologies used.

	Deposit Bond		Vacant Possession
	Receipt of Rents and Profits		And/Or nominee
	Plan of Subdivision		Stamp duty ‘off the plan’ savings

Assist you with drafting special conditions. You may wish to buy the property subject to:

	Building inspection report		Soil report
	Termite inspection		Selling your home
	Approval from the Foreign Investment Review Board

Search the property to ensure that you do not inherit any debt incurred by the seller. At settlement we will deduct any debts from the money due to the seller (ie mortgages, caveats, land tax, council rates etc).

Ensure that the correct legal documentation is prepared to enable your name to be registered on the title as the new owner.

Search the property through the statutory authorities to ensure that you were correctly informed about the property at the time of signing.

Provide you with conveyancing advice regarding any discrepancies detected.

Liaise with your lending institution to complete settlement.

Contact us

What to do before you sign a contract?

When you sign to buy a property you are deemed to have accepted the condition of the property on that day. Therefore we recommend that you satisfy all of your inquiries before you sign the contract.

Contact Direct Mobile Conveyancing to review the Section 32 Statement and Contract before you sign.

Discuss the inclusion of any special conditions and speak to your lender to determine whether you must purchase the property subject to your lender fully approving your finance application.

In many cases your lender will provide you with a Pre-Approval Certificate, however it is important to acknowledge that this certificate does not guarantee you finance.

Generally a lender will have to verify that all of the information you have supplied is correct and that their valuation of the property concurs with the contract price. Once all of this has been carried out then the bank may issue you with unconditional finance approval.

You should always check with your bank whether you need to make your contract subject to you obtaining Unconditional Finance Approval.

You should also check that you are satisfied with the:


	Boundaries of the property		Working order of the appliances
	Easement/drainage points		Restrictions registered on title
	Body corporate guidelines		Design/Planning/Zoning requirements

You will be entitled to carry out a final inspection of the property the week before settlement, however you are only verifying that the property is in its original condition.

Therefore if an appliance was broken on the day of sale, then that is the condition you are entitled to at settlement, unless you stipulated otherwise in the contract.

In addition to the above you may wish to conduct a satisfactory:


	Building Report		Pest Infestation Report
	Soil Report		Electrical Report
	Plumbing Report		Survey Report

Most clients would prefer to know that their offer has been accepted before they invest the money in a report. Therefore we can assist you by drafting a special condition that allows you time to carry out the report once the Vendor has accepted your offer.

Contact us

What happens after you have signed a contract?

Below is an overview of the role of each party involved in your purchase:

	CONVEYANCER

	Prepare documents for transfer of ownership (sent to you for counter-signing and immediate return).
	Search relevant authorities for ‘pass on debts’ over the property.
	Search authorities for any changes in the use of the land.
	Conduct inquiries on the title through the Vendor.
	Send copies of all documents to your bank.
	Exchange signed documents to other side in preparation for settlement.
	Adjust costs and debts attached to the property.
	Liaise with your bank for a mutually agreeable time for settlement.
	WE ARE NOW READY TO SETTLE.

BANK

	Initial loan approval from bank subject to valuation.
	Confirmation loan is fully approved.
	Preparation of Loan Offer and Mortgage Documents.
	Send documents to you for signing and immediate return.
	Process mortgage documents in readiness for Settlement.
	Confirm nett proceeds with you for settlement.
	THE BANK IS NOW READY TO SETTLE

	Attending Settlement with your conveyancer.
	Collecting all documents for paying Stamp Duty and registering your name on the title at the Land Titles Office.
	Keep original title until loan is repaid.

YOU

Choose which bank you intend to use.

Sign and return documents from conveyancer.

Contact your bank regarding loan approval.

Get loan approval in writing from your bank.

Check with bank about mortgage documents.

Once mortgage documents received, immediately sign, witness and return to bank.

Stay in contact with your bank as to the processing of all mortgage documents.

Check with your bank whether they need you to arrange building insurance.

Make sure that loan amount is sufficient to cover purchase.

Contact conveyancer to confirm that loan funds are available for settlement.

Arrange final inspection with the selling agent one week before settlement.

YOU ARE NOW READY TO SETTLE.

Contact us

The above information is to be used as a guide only. It over simplifies the conveyancer and bank requirements but it does show the distinct responsibilities of all parties. Remember – all documents sent to you by the conveyancer or bank are important documents. They need to be signed, witnessed and returned immediately. Any delays may have an undue effect on settlement date.

Our Fee Structure

Thank you for the opportunity to provide you with information regarding our fees and services.

The standard Professional Fee for a purchase file is $440.00 (GST inclusive). In brief this includes reviewing your Contract and Section 32 Statement, arranging all of the transfer paperwork, liaising with your bank, serving requisitions and arranging all aspects of your settlement.

The standard Disbursement Fee is $150.00. Disbursements include title/final search, Land Information Certificate, Land Tax Certificate, Planning Certificate, Vic Roads Certificate and Water Rates Certificate. If the property is part of a Body Corporate then the statutory fee of $150.00 may also apply.

	Contact us

How we can help you as the Purchaser

We will read the Section 32 Statement and Contract of Sale prior to you signing.

We will assist you with the content for special conditions.

We will provide you with conveyancing advice ie: restrictions on title, Owner Builder reports, common ground insurance, GST, stamp duty, etc.

We will arrange all of the legal documents.

We will work with your bank so they can prepare mortgage documentation.

We will visit your home or work (night or day*) if required.

Contact us

In most circumstances we will be able to read the Section 32 and Contract of Sale within 24 hours.
We will assist you wherever possible to achieve this result.
(We offer a same day service if the matter is urgent.*)

For peace of mind

	We are a Member of the Victorian Conveyancers' Association.

	We have experienced staff.

	We retain Professional indemnity insurance.

	We retain a Legal Practitioner.

*Conditions apply to off site appointments.

Contact us