Coming back into the legal game after over 4 years in the valuation industry I had no idea what PEXA would be like to work with. I returned to my paralegal roots with a Banking and Finance role at Astills Lawyers where we act for several lenders in all states around Australia. Our conveyancers also assist clients with property transfers in Qld, NSW, VIC and SA. As we only have the one office located on the Gold Coast, PEXA is an invaluable tool for us in achieving fast and efficient settlement outcomes for all our clients no matter where their property is located. PEXA has provided us with fantastic one on one training, encouragement and support through our PEXA Direct specialist, Morvanna Jones. From my perspective, some of the main advantages in using PEXA are: Direct support from our PEXA direct specialist, Morvanna; Ability to create workspaces for all States; Efficiency in providing loan funds for settlement (ie. no longer needing to order bank cheques); Ability to link lodgements for borrowers who are purchasing and refinancing allowing simultaneous settlements with the click of a button!; Automatic rollover of settlement time when workspace is not ready (no more trying to organise 3-4 parties to change the settlement time at short notice 😊); Title activity reports providing up to date details of title activity without the added expense to clients for title searches; Short transfer times of clear funds to all parties in the workspace upon settlement (no more waiting for bank cheques to clear); Expedited registration of documents and receipt of registration confirmation statements allowing is to confirm security of our clients’ loans almost immediately; Creation of documents within the system which reduces the chance of errors and requisitions.
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