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All settled yesterday after all the uncertainty even up until the 11th hour. On now to DA lodgement of the 3 unit project which we plan to have built by Xmas. Thanks for the comments. :)

Settlement date has been booked again for next Tuesday but my lawyer told me not to get my hopes up yet. We'll see what happens. At least there is some attempt being made from the other solicitor to finalise the sale.

The agent did tell me he has other property investments so this could be true Terry.

I spoke with the agent today and it seems that the vendors lawyer is embarrassed because he won't return messages. Vendor's lawyer wants to settle but it seems the issue is between vendor and his bank and the apparent breakdown in communication. Not sure if notice is given whether it will help...

What was your vendor's hold up oc1? Most vendors want their money sooner rather than later.

I know very little about the vendor apart from what the agent tells me. Apparrantly he "disappears" sometimes and is very hard to contact. I have been told he works overseas at times. I have been told it's around 30k. He has obviously borrowed against the land a few years ago which would...

We are in a rare situation. We have an unconditional contract for a vacant block of land that was due to settle on Jan 16. The Vendor's bank hold the title and weren't ready to settle on Jan 16. This was the beginning of an extended settlement which still hasn't happened. Since then we have...