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How long does PEXA settlement take?


The length of time it takes to settle a transaction using PEXA will vary depending on the complexity of the transaction.

However, most transactions can be settled within a few days.

PEXA settlement process

  1. The PEXA settlement process is as follows:
  2. The buyer and seller exchange contracts using PEXA.
  3. The buyer obtains a finance pre-approval.
  4. The buyer and seller lodge all of the required documents with PEXA.
  5. The conveyancer prepares the settlement statement.
  6. The buyer and seller sign the settlement documents.
  7. The funds are transferred electronically.
  8. The property is settled.

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I cannot recommend Lorraine and her staff highly enough, I have used them twice now and the process was made so easy, always on hand to answer any questions, emails answered quickly.
Thank you again for your expertise.
Sarah Kenyon

 Lorraine and her team have worked with me on several sales and purchases. They always kept me informed through the entire process and made it a stress free exercise, I would like to thank them for all their hard work
Greg Kampas