on 01-10-2018 07:57 AM
I am assisting a client complete a sale of property via pexa. There isn’t a mortgage on title.
On the PEXA workspace the pexa fee has not uploaded like a purchase or sale where a mortgage is registered on title.
Should I be add the pexa fee as a vendor destination and if so
how do i do this?
Thank you for your assistance.
on 01-10-2018 12:38 PM
I believe once the transfer is successfully prepared the PEXA fee will populate automatically (you likely need to nominate the title to the workspace first).
on 02-10-2018 11:11 AM
The PEXA fee should populate closer to settlement - at about the same time as the documents being ready for signature. In calculating your source funds, just keep in mind the PEXA fees + registration fees required that may not populate until 24-48 hours before settlement.