Hi all,
I am a first home buyer (NSW) and I am not familiar with the process, so please excuse the very basic questions
Settlement is due in just over a week (December 2) and I am wondering what is supposed to happen at this stage.
About 2 weeks ago I called my solicitor for an update and I was told quite abruptly told to "just wait until you get an update", so I'm a bit wary on calling for an update
Questions:
Thank you very much in advance for your help, look forward to your responses.
I am a first home buyer (NSW) and I am not familiar with the process, so please excuse the very basic questions
Settlement is due in just over a week (December 2) and I am wondering what is supposed to happen at this stage.
About 2 weeks ago I called my solicitor for an update and I was told quite abruptly told to "just wait until you get an update", so I'm a bit wary on calling for an update
Questions:
- According to the contract the settlement date is December 2. Should I assume that is the settlement date, or do the two solicitors and the bank agree on a finalised date and advise me?
- Should I organise for a pre-settlement inspection or should I wait on my solicitor for advise on that?
- Should I be organising for utilities/insurance/phone etc or should I wait until I have a definite settlement date?
- I am told that I should shortly receive advise from the solicitor on how the cheques are to be drawn. When should that normally come through? Do I need to organise to write up the cheques or does the solicitor/bank do this for me?
- Should I just stop worrying and wait for my solicitor to call me this week?
Thank you very much in advance for your help, look forward to your responses.