Thank you Somers for providing such a wonderful facility all these years at your expense.
Lets keep the positive experiences and learning over the new platform.
This, same as what I was eluding to.
Your offer has no fees involved to withdraw.
But to use your cooling off (withdraw) on a contract it would be 0.25%.
You can withdraw your offer at anytime and without reason.
If you get really technical (in VIC anyway) you can withdraw your offer even if the vendor has signed it but as long as you haven't received a copy of the COS.
E.g. the vendor signs at 6:30pm and you don't receive your copy until...
If you cancel your offer there is no charge.
However
If the offer has been accepted (now contract) and you wish to cancel there will be a cooling off fee or you would lose the deposit depending on how far in you were.
The 0.25% deposit is part of the initial deposit the REA is going to...
I have been on both sides as I was a REA before.
Speak to the REA as a normal person and submit your offer with the least conditions and remove 'repair the gutter' just make your price 5k less. Reason being it opens up another can of worms that they vendor might not do it to your liking...
Damn that negative gearing has really increased the property price, how will people be able to afford houses now!
We should abolish negative gearing and then buy it for $15.5k.
As others have written, do not settle until vacant and speak with your solicitor.
Reason people are saying not to settle before vacant, the vendor (now tentant) could say the damage in the wall happened AFTER you settled. Whereas if you haven't settled if there was damage done before you...
Think of a sales funnel
The more people viewing online will lead to more people inspecting, which will leads to more people doing 2nd/3rd inspection which then goes to more B&P and then more registered bidders and finally a buyer.
You have less viewers it will result in less inspections...
http://thedollhousecompany.com/eshop/index.php?main_page=product_info&cPath=66_191&products_id=571#.VW_vGo0w_IU
You might need to borrow more money though...
3 options;
Walk away
Leave your offer on the table for another 48 hours
Increase your offer
You can give them your comparables if you really want to depending on what gap you are talking about.