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Selling

You'll need a Section 32 Vendors Statement

The best description to a Section 32 Vendors Statement is a Road Worthy Report for your property. The Section 32 Vendors Statement is a document that declares to a potential purchaser the story of your property. It details information such as the property's Title description, zoning details, local council, utility companies, rates, building permits, notices and much more.

Goodman Group can prepare a Section 32 Vendor Statement in less than 2 hours! So if your agent has a buyer ready to go then we can help. Simply contact Goodman Group on 1300 134 072 to arrange a fast Section 32 Vendors Statement.

Contract note & Contract of Sale

Once you or your agent has found a buyer and the buyer is happy with the Section 32 Vendor Statement they will submit their offer to you either by using a Contract Note or Contract of Sale. If you are happy with the terms of their offer and you accept their offer, a deposit is paid and this document is the contract for the sale of your property.

Release of deposit money - Section 27

Once you have a contract Goodman Group can serve on your behalf a Section 27 on the purchaser. This is the request for the early release of the deposit money before settlement. Depending on your financial situation your deposit may or may not get released before settlement.

Adjustments

Adjustments are the final financial statement of the property transaction. This will show the purchase price, deposit paid, pro-rata adjustment of rates such as council, water, body corporate charges and if applicable rent. The purchaser's conveyancer or solicitor will serve these on Goodman Group prior to settlement and we will confirm all these details with you. Once we confirm all is correct we will liaise with your lender (if applicable) and get a final loan payout amount and request cheques on your behalf.

Settlement

Goodman Group attends to settlement on your behalf, you are not required to attend. Settlement is where all stakeholders (or their representatives) attend to exchange documents and money. Once the transaction is complete we will call you to advise you of the good news. If you have banking of funds that need to occur we also take care of this for you. We also will inform the real estate agent.

After Settlement

Goodman Group will inform council and the water company that you no longer own the property. We also prepare our final summary of the transaction to complete your matter.