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M Y P R O P E R T Y E N Q U I R Y

HOW IT WORKS

STEP 1

My Property Enquiry receives expression of interest (eoi) & holding deposit receipt.

STEP 2

My Property Enquiry contacts builder and confirms: Finance Terms, Suggested Valuer, Balance of deposit requirements, Registration/Settlement due dates

STEP 3

My Property Enquiry orders the Contract of Sale to be dispatched to client or client’s conveyancer.

STEP 4

Once contracts have been reviewed by the Conveyancer & Client is satisfied with T&Cs Contracts are signed & returned to the Sellers within 5 days. Once fully executed, we forward copies to all relevant stakeholders

STEP 5

We ensure finance application is underway and valuation is done We liaise with finance broker to ensure finance due date will be met

STEP 6

We track land registration due date and advise client, client’s solicitor and finance broker once land has been registered Land settlement confirmation will be provided to the builder in order to get started with the build

STEP 7

We provide construction updates of build including photos At Practical completion, we recommend building inspection, insurance, property management if required.

STEP 8

We advise all stakeholders property has settled and handover pack sent to client or property manager.

Timeline & What To Expect

Ordering of Contract

Within 24 hours from receipt of a signed EOI along with a copy of the holding deposit receipt.

Contracts Dispatch

Withing 2-3 Days.

Client Contract Signing

Within 5 business days from receipt of contract

Land Developer and Builder Contracts Countersigning

2-3 business days from receipt of client’s signed contract

Finance Approval Due Date

Typically 21 days from the date of contracts.

Land Settlement

Typically 14 days from land registration or finance approval if land is registered

Council Approval of Full Working Drawings & Engineering

Approximately 6 weeks from land settlement.

Build Time Frame: 12 - 20 weeks

12 - 20 weeks (Rough estimate only. Delays can occur due to weather, supplier etc.)

Handover

48 hours after builder’s receipt of final payment & official sign off.