Thanks to all for the responses- it turns out the solicitor never sent
me a 'settlement statement'. Getting one shortly so hopefully it
explains everything.
Cheers, Bec

On Mon, May 10, 2010 at 11:59 AM, David Connors <[email protected]> wrote:
> On 10 May 2010 11:50, Bec Carter <[email protected]> wrote:
>>
>> I'm very sorry for the off topic post but I need some help with a
>> problem I'm having with a solicitor. I recently purchased a property
>> and had a certain solicitor handle the matter. Upon settlement I
>> noticed that the figures simply did not add up and the seller was in
>> fact paid more than the 100% purchase price for some unknown reason. I
>> have questioned the solicitor several times about this and have not
>> received any reasonable response. They have also been extremely rude.
>
> The settlement statement for the transaction should add up - however on the
> place we bought at the end of last year the conveyancing solicitor produced
> a document that was a complete load of cr4p that neither I nor Westpac could
> understand. I ended up redoing the settlement statement myself and sending
> it back to both parties.
> If there was finance involved, then I would suggest talking to the bank as
> they will have conveyancing people on board who are pretty switched on as
> they do it day in and day out.
>>
>> More than happy to accept the figures given they can be explained but
>> cannot accept them without any explanation at all.  Is there somewhere
>> I can report them to and have the matter followed up?
>
> If it were me I would ask for a settlement statement for the transaction
> from your conveyancing solicitor. That will break it all down for you.
> Remember (at least in QLD) the buyer is liable for the stamp duty and the
> seller is liable for the agent's fees. Also, if the bank is co-ordinating
> they will be plugging every conceivable fee and charge in along the way
> (property valuation, finance 'package' fees, etc, etc), registration fees
> for mortgage, and so on.
> Asking for property transaction advice on a programming list is probably not
> a great first port of call but I think just staying cool and calm and
> getting a complete settlement statement is the go. If you can't make sense
> of that and if it still does not add up, then ring another conveyancing
> solicitor and ask for an hourly rate to have the partner there give it the
> once over.
> --
> David Connors ([email protected])
> Software Engineer
> Codify Pty Ltd - www.codify.com
> Phone: +61 (7) 3210 6268 | Facsimile: +61 (7) 3210 6269 | Mobile: +61 417
> 189 363
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>
>

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