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  1. Propertunity

    Submitting offers subject to "satisfactory feasibility" for development

    And the flip side of this is that vendors do not want there property 'off-the-market' during a peak selling time if the contract may fall over. Anything you can agree on from 1 cent to $5K or $10K or more.
  2. Propertunity

    Submitting offers subject to "satisfactory feasibility" for development

    Grimey, in these circumstances it is more usual to do an 'option to purchase' where you pay a premium of $x which gives you the right but not the obligation to proceed with the purchase after feasibility / DA approval etc. If you pull out then you lose the premium to the vendor for his trouble /...
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