Purchasing

Assistance with land & property purchases on the Central Coast

Professional Purchasing Assistance

At Karlene’s Conveyancing, we offer professional conveyancing services to assist in buying and selling a property, piece of land, or business on the Central Coast. Buying with Karlene’s Conveyancing will ensure you:

Receive a cost agreement and instructions for all required documentation and important dates
Receive your contract from the vendor’s representative or real estate agent if in a cooling off period
Have all documents reviewed and explained to you
Can negotiate any necessary amendments
Obtain all required property searches/certificates
Attend to your mortgagee’s requirements and preparation of transfer
Work directly with Karlene throughout the entire purchase process

We service the entire Central Coast region, from Lake Macquarie to the Peninsula, suburbs including Erina, Killcare, Killarney Vale, Green Point, Terrigal, Avoca Beach, Macmasters and Copacabana. For more information on how we can assist you with buying a new property, land or business, get in touch with our friendly conveyancers today on (02) 4363 1163.

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Property

All properties must have a sale contract drawn up before they can be put on the market. If you like the look of a property, you should get the contract reviewed by a conveyancer before signing the sale contract.

At Karlene’s Conveyancing, we offer competitive quotes on our conveyancing services for purchasing property. These quotes include your:

Certificate of currency for strata title properties
Stamping fee for stamping the contract and transfer with duty
Final search on the day of settlement
GST costs
Postage, phone and copying fees

Our conveyancing quotes do not include:

Pest inspection reports
Building inspection reports
Strata inspection reports
Survey reports
Registration fees
Title insurance
Stamp duty
Settlement fees (if settlement takes place off the NSW Central Coast)

For more than 30 years, our founder, Karlene Glanville, has assisted clients in navigating the complicated conveyancing process of buying properties in New South Wales. To chat with Karlene, contact our team today!

Business

While the process of buying a commercial business is similar to buying a residential property—there are a number of differences between the two. Commercial properties do not require a contract be drawn up prior to advertising the property—they can be prepared after a purchasing agreement is met between a vendor and purchaser.

At Karlene’s Conveyancing, we recommend having your contract reviewed by a conveyancer for assistance in negotiating fairer terms that benefit you. The contract will become binding once both the vendor and buyer have signed it and a deposit is paid.

Cooling off periods do not apply to commercial properties. If you are buying a business, you must have unconditional loan approval prior to exchanging any contracts. By law, every sale contract must include the following documents:

Title search
Common property title search
Strata plan
Any documents showing easements over land
Zoning certificate
Drainage & sewer connection diagrams
Strata by-laws
Any relevant leasing documents

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Vacant Land

The conveyancing process for buying vacant land is similar to that of buying a property, but without any physical structure to inspect or insure. While this may sound much simpler, there are many issues to consider when buying vacant land, including:

Can you get development approval to build on the block?
Are services like power, gas, sewage, water, phone and internet available onsite?
Are there any easements in place on the block?
Are there any covenants or restrictions in place on the block?
Is the block on a steep slope?
Is the soil contaminated?
Are there any neighbouring properties or building proposals that may impact your block?

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Frequently Asked Questions

What parts of the process can Karlene’s Conveyancing NOT assist with?

We do not offer advice or assistance with finance or taxation issues. We are not qualified to do so. You should consult an accountant on these issues. In some circumstances a financial planner may also be important.
What are adjustments?

These are apportionments of rates and outgoings to the property from the date of settlement or any date required by the special conditions in the contract prior to settlement between the parties. Adjustments generally include the current instillment of council land rates, a daily average rate for water usage and fees for any discharge of any mortgage or caveat.
What is a deposit bond?

A deposit bond is used in place of a cash deposit on exchange. It is a guarantee of payment of the deposit to the vendor if the purchaser defaults. If there is a default, the issuer of the bond pays the deposit to the vendor and purchaser must reimburse the issuer of the bond for such deposit.
What is conveyancing?

Basically, it is the process involved in legally transferring the title of a property from a seller to a buyer. Conveyancing is the branch of law concerned with the preparation of documents for the buying and selling of property. Conveyancers need to be licensed and fully qualified to deal with property transactions in NSW.