Sales Process

Day 1

  • Select your block
  • Pay $1000 holding deposit into the Sorensen Trust Account
  • Provide the following details to your /SORENSEN sales agent
     

    • Full legal name/s of all purchasers to be on the contract
    • Address of purchaser/s
    • Contact number/s
    • Email address
    • Solicitor/conveyancer details

    Once we have received the deposit & the above details, we will remove the property from advertising and secure it for you for 21 days. This should allow plenty of time to chat to solicitors, mortgage brokers & builders if required.

Days 2 – 20

  • Meet with your solicitor/conveyancer to discuss the purchase & go through the contract for sale.
  • Arrange a time to meet with your mortgage broker, bank etc. to ensure you have the funds to proceed with the purchase.
  • Visit the display villages and talk to some of the builders about potential designs that would suit the block you have selected.

Day 21

  • Exchange of contracts (initiated between solicitors/conveyancers)
  • 5% deposit (of full purchase price) to be paid into the Sorensen Trust Account

If at this point, you decide not to proceed with the purchase, we will refund the $1000 holding deposit into your nominated bank account & re-list the property for sale.

Registration

  • We will notify you once the plans have been lodged with the Land Titles Office. From this point, you have approximately 6 weeks until the land is registered.
  • At this point, you should notify your solicitors/conveyancers, builder & brokers/banks so you can start getting ready for the settlement process.

Settlement

  • Settlement is required 14 days after the registered plans have been issued and your solicitor/conveyancer has been notified.
  • Your conveyancer/solicitor will book in a date and time for settlement to take place. At this point, you should ensure that the final balance of your purchase is made available to your solicitor/conveyancer to complete the transaction.