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  1. JohnHenry

    Rescinding Property offer for existing apartment unit

    Hi Phiber, UnitB agent B doesn't available on the same day, hence I will need to wait until the weekend. Since I already got the Contract of Sales document (from email) on Agent A, I guess it should all be the same except the floor, Unit A is on ground floor hence asking for higher...
  2. JohnHenry

    Rescinding Property offer for existing apartment unit

    Thanks Will, So based on this screenshot of the NSW contract: Section 3 is wording rather confusing. Does it means that once the 0.25% deposit is transferred I cannot withdraw it anymore ?
  3. JohnHenry

    Rescinding Property offer for existing apartment unit

    Yes, that does make sense. So in the night after the inspection, I can then write the email to the agent regarding my offer so that the next day when vendor accept my offer, I will then send the trasnfer receipt 0.25% to the agent bank account. But yes, if the next day I've found a better...
  4. JohnHenry

    Rescinding Property offer for existing apartment unit

    Yeah, my assumption is that I give the offer in writing or through email, and then when the vendor accept it, I will transfer the 0.25% to the R/E Agent bank account. and if within 5 working days I have got another offer from different vendor/ IP I can rescind the 0.25% deposit fully. Is...
  5. JohnHenry

    Rescinding Property offer for existing apartment unit

    Yes, I'm buying in NSW. So in this case I won't get the deposit back supposed I rescind the offer ? but if the vendor rejected the offer, then I can get my refund. But for the safe, I shouldn't give the deposit to the agent while waiting for the vendor reply. --> is that correct ? Just...
  6. JohnHenry

    Rescinding Property offer for existing apartment unit

    People, As a newbie who is now trying to buy Investment Property, I've got some question regarding the making an offer between two properties below within the same building complex and same address but different level: Unit A: 1st Inspection Thursday 6PM, Agent-A says offer above $600k...
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