Selling a Property
If you are selling a property, our trained property staff can help you by
providing advice on the marketing of your property (Please see our section
on Estate Agency). We will help to arrange for wide exposure of your property
on our Web Site and within the GSPC with the aim of securing good offers from
interested parties. Our conveyancing department has extensive experience in
the sale and purchase of residential and commercial properties throughout Scotland.
We undertake the purchase, sale and leasing of all types of residential and commercial
property. We try to make the buying or selling process easier for you and help keep
you one step ahead of the competition.
Our first step in marketing your property is to arrange a visit to your home
by one of our Property Advisers. We will advise on price and marketing and
prepare detailed particulars of sale with photographs. We also arrange for
a “for sale” sign to be supplied. During the advertising and marketing of
the property, our Property Advisers will be in touch with you to ensure
that you are kept fully advised of interested parties and the amount of
interest in your property. Once interest has been shown in your property
by prospective purchasers we will advise you regarding an appropriate time
to fix a closing date.
Once an acceptable offer is received for your property, our policy is to
conclude missives and make the contract binding without delay. However,
although the essential terms of the offer may be agreed, such as purchase
price and date of entry, we are required to check other conditions with
you and we may be required to negotiate on other matters such as extras
(e.g. carpets, curtains, etc) to be included in the price. It is our usual
practice to insert a condition in the contract (“missives”) which would
entitle you to obtain interest from the purchaser in the event of the
purchaser’s failure to pay the price on the agreed date of entry. Only
once all the conditions of the offer, as adjusted between you and the
purchaser, are agreed in writing is the contract concluded. This means
that the conditions of contract are then binding on both purchaser and
seller. As indicated above, the contract is normally made up of the initial
offer, a qualified acceptance and additional formal letters passing between
the two firms of solicitors containing various conditions relating to the
sale.
We will write to your mortgage lender and request title deeds from them.
We will exhibit the title deeds to the purchaser’s Solicitors for examination.
We will also need to obtain various reports on your behalf and exhibit them
to the seller’s Solicitors prior to the date of entry. We will examine
and revise where necessary all of the purchaser’s drafts and respond to
any observations that they may make on the title or in relation to the
property itself. We will prepare the documentation needed in order to
discharge your obligations with your mortgage lender once the property is
sold and the mortgage has been redeemed by us. We will liaise with you
throughout to keep you updated with the progress of your transaction.
Please call NRBS for all you residential and commercial property sale matters.
We will be glad to advise and assist.