Phase 7 – 1 week to settlement:
1 week prior to settlement your finance should be approved and mortgage documents signed and lodged.
Solid will provide a status update on any defects noted at your pre-settlement inspection, either completed or not-completed. Generally, the vendor (builder) has 3-6 months post settlement to complete all defects, however, this will be specified in your contract.
Your conveyancer will confirm and book a settlement time with the banks and will inform you of this date. At settlement, you are not required to be present. Your conveyancers role is to do this on your behalf.
Important; Once you have had a confirmed settlement time booked you need to let your property manager know so that they have a ‘move in’ date when speaking to prospective tenants.