Search results

Dear ozperp, You are right. I have been living in the past and kept thinking how wise was the decision I made:p, as the property's price increased remarkably after we signed the contract. I really need to accept the fact, see what option I have at moment. I really appreciate your support.:)...

Help........ I received the call from realestate agent today: my offer was rejected after mortgages' discussion. They asked us either to accept the price ($23k more) or move out in 28 days--according to the agent. They apparently consulted with another real estated agent about the price and...

Thanks Marg for clearing my head, I am going to do what you said. The real estate agent did ask me if I can settle in 30 days if they agreed with the price I offered. I real don't know how long I am going to need. How am I going to convince them that I need 90 days? Please help me with...

Hi TheAnalyst, I did think about moving out, but I didn't. The reason are: 1. Moving house will cause me headache:mad: 2. The important reason: I don't think I can buy the property back on the auction or another similar one by spending the same amount, as I looked around this area, people...

Thank you, Ozperp! What should I do now? I have offered orally $10k less to the real estate agent who was going to discuss with mortgagees. It has been 2 days. No answer yet. Please let me know how I am going to do next. If they accepted my offer, do I sign contract with agent first or let...

Hi Ozperp, Thanks for your concerns. I really don't know what kind of contract we signed. How can I find out? Viv

I am afraind Propertunity is right. My solicitor told us: We don't have much rights as the contract was signed between us and the vendor. The vendor breach the contract and we have the right to get compensation from vendor. However, the vendor is disappeared; if we sue the vendor, we could win...

Pully, I don't think this agreement is under the residential tenancy. Viv

Hi Pully, Thanks so much for your understanding and support. We signed a licent agreement which organaised by my solicitor when my solicitor told us that the settlement was going to be done in 7-10 days... Vivian

Hi Pully, do you mean my solicitor? My solicitor did not give me any advice at the moment. she said that I either offer/agree the price, then she can help with getting all the mortgagees' agreement if I really want the property or I vacate and bid on the mortgagee auction. I am looking for a...

Yes, even I am sure if I can secure this property by paying more $23K, what about the third mortgagee disagreed the price as there is no sufficient amount left for the third one? I think that the property finally will go to mortgagee auction if I did not pay enough money to pay off all the debt...

Hi Pully, I totally agree with you, but I have to look for property to rent first, then look for new property to buy. By thinking about moving, my head already is getting bigger. On the other hand, the properties' price has been incresing. It is hard to know in the following few month. If I...

Hi Sharon, thank you so much for your time and your support. Thank you all for the supports. I have not come to the forum until today as I get some news/progress which I want to share with you and get your guys' some ideas: The situation is more clear: Vendor had loan to bank (first...

I don't understand it. You mean you should ask my deposit back and move out. What disadvantage if I continued to stay here? Should I start to look for another property while I am living here? So I don't need to move twice again. Thanks for the support Vivian

I thought if I asked my deposit back, I will be the one to pull off the contract. I even did ask for it. We were renting before buying this property, and we already told the agent we were moving out on 30th.August as our settlement date was 28th Aug. It was too late to tell the rental agent...

NO, it is from my solicitor.

I paid 10% to agent when I signed the sale contract. The settlement date was 28th August. We've had insurance for this property and commenced before the settlement date. I am not sure if it is still valid in my situation if something happened to this property.:confused:

I cannot pull out now. I cannot get my 10% deposit back if to do so according to the sale contract. Obviously only one option left for me: wait and see. This is torture:mad:

:confused::confused: Now the bank is ready to release the title for settlement after revaluation, only one form need the vendor to sign. Sounds a lot better. However, the solicitor still is unable to locate the vendor. How weird it is!!!!!!!!!! Bank will take the option to resale the...

I spoke to my solicitor this morning. Sounded not much we can do if bank decide to re-sale the property. My solicitor was going to speak to the vendor's solicitor, to find out what the bank was up to. The vendor had already quited his job and did not leave new contact details to his solicitor...