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    chuongtk

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    Post by chuongtk on Sat Mar 26, 2011 10:09 am

    Once these documents have been obtained your solicitor should begin to compile a Draft Contract. The contract will remain draft until all of the parties involved are happy with it and the dates of exchange can be written in. Before this can happen, the draft contract is compiled into a pack, along with any other necessary documents and is sent to the solicitor of the person who is purchasing your property.

    The solicitor handling your case will reply to any questions that your buyer's solicitor has regarding the contract pack. He / she will also ensure that your buyer's mortgage application is valid and has been approved, or in the case of a cash-buyer will ensure that the funds are available.

    The solicitors will now try to agree a completion date between them, and then write it into the contract. You and your purchaser will be involved in this process. All parties involved will receive letters confirming the agreed dates, and willingness to proceed with the process.


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