I am waiting to receive confirmation from the bank that funds are on the way. I will advise you once the funds have arrived in HouseMe Legal's trust account.
Expected timing 9am - 1pm
Before I can pay the seller's lawyer your settlement amount, I need to receive undertakings (a legal promise) from them that they.
Expected timing 10am - 12pm
Once we receive the bank funds, HouseMe Legal then undertakes it has paid the settlement amount to the vendor's lawyer.
The seller's lawyer releases the LINZ e-dealing into House Me Legal's control.
We will then submit the transfer and mortgage which are registered at LINZ.
Expected timing 11am - 2pm.
Congrats, you will now have your name on the title, and you can collect the keys (often from the real estate agent).
I will give you a call to confirm you are now the owners.
Expected timing 12pm - 4pm.
I will then send you a summary email with your invoice, record of title and some final points to consider.
Expected timing 2pm - 5pm on Settlement Day or the following day.
The best case scenario is often early afternoon but sometimes on a busy day (e.g. most Fridays), it may not be until late afternoon.
Settlement Day is a special day where you can relax and enjoy all your hard work to get to this point. We will take care of everything today.