The Property Academy Podcast

EP: 1409

When Do You See the Cash from Your House Sale? When's Payday? | Ep. 1409

About this episode

In this episode, we delve into the financial aspects of selling a house, specifically, when and how you get paid from the sale.

We begin by discussing the reasons why people are keen to get the money quickly, such as needing the cash to pay a deposit on their next property.

We then break down the selling process, shedding light on when you actually get paid.

You'll also learn what happens on settlement day, when the balance of the property price is paid.

Main topics discussed:

  • House Selling Process
  • Deposit Payments
  • Real Estate Agent Commission
  • Legal Aspects
  • Settlement Day

Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.

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