Four Questions You Should Ask Your Conveyancing Lawyer
Buying or selling a house can be really exciting, but it also involves a lot of paperwork and legalities. Hiring a lawyer to deal with your conveyancing is the best way to deal with this, but there are some key questions you may want to consider asking them to make the process go smoothly.
Have You Handled Cases Like This Before?
It's important to get a good idea of your conveyancer's experience, especially if your house sale or purchase has a complicated element. This will help you to get an idea of whether they're the right conveyancer for you, and whether the transaction will go smoothly. You might also want to find out if there's a more experienced solicitor at their firm who can step in if things get difficult.
How Do Your Fees Work?
You should also find out how the fees work. Open Agent explains that conveyancing fees typically cost between $400 to $1400 for a straightforward transaction and more for a complex one. This is a significant chunk of money, so it's important to know how much it will cost. What happens if the process drags on or if something goes wrong? What extra fees and costs could pop up? What do you have to pay if the sale doesn't go through? Find out exactly what you will need to pay so you can budget effectively.
What Timeline Do You Expect for This Process?
You may also want to ask about how long your conveyancer thinks the process will take and what you can expect to happen at each stage. Of course, your conveyancer won't be able to give you a definite answer, as a lot of the process involves them having to wait for answers and replies from other people. However, their experience will allow them to give you a good idea of what to expect, whether it's a few weeks or several months.
How Do You Make the Purchase Go Smoothly?
Finally, it's a good idea to talk about what you should do to make the process of working with a conveyancer go smoothly. For example, how often should you be in touch with your lawyer? How should you communicate with them? What paperwork and information should they be provided with and in what format? Finding out exactly what they need and how to provide it can help ensure your experience is a good one.
By talking about your conveyancer's experience, the fees you'll pay, the timeline, and how to communicate, you will be able to get all the information you need to feel confident and empowered in the process.
Reach out to a conveyancing firm for more information.
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