OK, so I signed the amended contract for $570k on a property, subject to finance and P&B inspection. Some of you may have followed my earlier thread:
http://www.somersoft.com/forums/showthread.php?t=58600
I dropped the contract off at the REA's office on Friday (8 Jan) and he said he will be at the vendor's house that night to have him sign it.
I haven't heard from the REA since on whether the vendor's signed it or not. My cooling off period ends on Tuesday (12 Jan).
I have paid a $1000 holding deposit. The house is in Vic.
If I decide to pull out before Tuesday (ie when my cooling period ends), can I get my $1000 back?
http://www.somersoft.com/forums/showthread.php?t=58600
I dropped the contract off at the REA's office on Friday (8 Jan) and he said he will be at the vendor's house that night to have him sign it.
I haven't heard from the REA since on whether the vendor's signed it or not. My cooling off period ends on Tuesday (12 Jan).
I have paid a $1000 holding deposit. The house is in Vic.
If I decide to pull out before Tuesday (ie when my cooling period ends), can I get my $1000 back?