Completion Anticipated for Late August 2021

SETTLEMENT SNAPSHOT

Valuations

Available from 5th August

Pre-settlement Inspection

Postponed until 1st September

Statement of Compliance

Issued

Titles

Issued

Occupancy Certificate

Issued

Settlement Called

Settlement Due on 9th September

LATEST SETTLEMENT UPDATES

27.08.21

SETTLEMENT UPDATE

Settlement has been called and your legal representative should have notified you that settlement is due on the 9th September.
Purchaser inspections will commence on the 1st September with only one person permitted to attend due to Covid site restrictions in place.
Please feel free to contact Katrina if you are at all concerned with your settlement position.

04.08.21

SETTLEMENT UPDATE

Bank valuations can be booked from Thursday 5th August.  It is important to let your lender know to order a bank valuation asap to ensure your finance is finalised in time for settlement.
We will send you an email invitation to book in for your Purchaser Inspection once your Townhouse is ready.  We anticipate these inspections to commence around the 19th August.
Please feel free to contact Katrina if you are at all concerned with your settlement position.

06.07.21

CONSTRUCTION UPDATE

Construction on-site is progressing well with completion on track on anticipated for Late August 2021. 
Internal painting and tiling is underway and the external painting is complete.
 
 
You should be speaking with your lender and should be at the pre approval stage in regards to your finance.   
We will let you know once  your townhome is ready for bank valuation. 
At this point we would anticipate bank valuations to commence Late July.
 
Please feel free to contact Katrina if you are at all concerned with your settlement position.

22.06.21

CONSTRUCTION UPDATE

Construction on-site is progressing well with completion on track on anticipated for Late August 2021. 
 
Kitchen installation  is well underway as is the staircase installation.
 
You should should be considering your finance options at this point with a view to speak with your broker or lender to investigate the finance process if required. 
We will let you know once it is time to secure pre approval and in turn when your townhome is ready for bank valuation. 
At this point we would anticipate bank valuations to commence Mid July.
 
Please feel free to contact Katrina if you are at all concerned with your settlement position.

19.04.21

CONSTRUCTION UPDATE

Construction on-site is progressing well with completion on track on anticipated for August 2021. 
 
We will be in touch over the coming days. 
 
You should should be considering your finance options at this point with a view to speak with your broker or lender to investigate the finance process if required. 
We will let you know once it is time to secure pre approval and in turn when your townhome is ready for bank valuation. 
At this point we would anticipate bank valuations to commence Mid June/Early July.
 
Please feel free to contact Katrina if you are at all concerned with your settlement position.
 
 
 
Hi there , we’re Property Settlement Solutions, welcome to the settlement updates page for Carter Place!
 
We’re appointed by the builder to assist you in your settlement journey, from now, right up until you collect your keys. You can think of us as your settlement concierge; we’re here to help however we can and point you in the right direction with your enquiries. 
 
You’ll hear from us a bit during your settlement journey, and this is where most updates will be posted – the settlement update page. On this page we’ll be sharing construction updates, photos, letting you know when valuations and Purchaser Inspections are available, as well as some helpful tips and advice to assist you with a smooth settlement.
 
Although we’re quite knowledgeable about the settlement process, we aren’t trained legal professionals. We’ll leave that to your conveyancer. They will be able to look after questions about your contract of sale, stamp duty or other legal aspects of your settlement.
 
For your journey Katrina Hope will be your settlement co-ordinator. You can contact Katrina on 03 8582 8975 or email her at katrina@settlement-solutions.com.au.
 
 In the meantime, please feel free check out the frequently asked settlement questions or drop Katrina an email. We look forward to helping you out along your settlement journey at Carter Place. 

SETTLEMENT JOURNEY STAGES

CONSIDER FINANCE OPTIONS

At about 3-4 months before settlement you should start to narrow down what financial options you have to settle.

Will you settle by cash, get a home loan, or maybe a combination?

Should you choose to finance with a loan, we recommend you appoint a broker to assist you with your applications.

VALUATIONS
BEGIN

Generally 6-8 weeks prior to settlement.

We'll let you know once your apartment is ready bank valuations will be available, usually there are required as part of your loan application.

For purchasers bringing money into Australia, make sure you have set up an Australian bank account and begin transferring your money.

PURCHASER INSEPCTIONS

Generally 4-2 weeks prior to settlement

At this point construction on your new home is almost complete. We will send you an invite to conduct your pre-settlement inspection.

Any defects picked up in your inspection, will be noted and passed to the builder to begin addressing.

PRE-SETTLEMENT PERIOD

Once your inspection is complete the next stage is to wait for the Occupancy Permit and Titles to be issued so settlement can be called.

Your finance, either cash transfer or Bank loan, should be finalised and ready for settlement.

During this time the builder will continue to address any defects where possible.

SETTLEMENT
DAY

Once settlement is called your conveyancer will assist you in preparing for your settlement.

Make sure your loan has been finalised and your cash is ready.

Once your settlement is complete the keys to your new home will be available to collect.

POST
SETTLEMENT

Your settlement has been finalised.

We'll pass on details of the move in process and helpful information so you can get ready for your new home.

Your dedicated Owners corporation/ building manager will now be your point of contact & assist you with settling in to your new home.

SETTLEMENT RESOURCES

RECOMMENDED BROKER

Porter Davis recommends the services of Mortgage Domayne if you need assistance with securing a loan to settle your townhouse. 
 
Please contact Maria Rafferty for assistance. 
 
Maria Rafferty:
0418 601 707
03 9333 8380
 

YOUR SETTLEMENT CO-ORDINATOR

KATRINA HOPE
Senior Project Manager

katrina@settlement-solutions.com.au 
0493 098 241

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