Hey everyone, just put an offer in on a house yesterday, it was a conditional offer subject to finance with ANZ and also with a building inspection.
After sleeping on it last night, im no longer sure about it. Its really flexing the budget, and im a bit worried about the housing prices at the moment, and pretty fearful of rising interest rates.
Im in a battle with offers and we are at the same price apparently as another couple. im thinking of pulling out, would it be the moral thing to call up the real estate agent now and let them know, or wait until tommorrow and hand in a letter?
also, how do i go about pulling out of the contract during the cooling off period? A letter? or can i just call up? i want to do the right thing by the agents, as we are looking at a cheaper version of a similar house we would like to put an offer in on instead now tto free up some cash flow.
thanks heaps for any advice.
After sleeping on it last night, im no longer sure about it. Its really flexing the budget, and im a bit worried about the housing prices at the moment, and pretty fearful of rising interest rates.
Im in a battle with offers and we are at the same price apparently as another couple. im thinking of pulling out, would it be the moral thing to call up the real estate agent now and let them know, or wait until tommorrow and hand in a letter?
also, how do i go about pulling out of the contract during the cooling off period? A letter? or can i just call up? i want to do the right thing by the agents, as we are looking at a cheaper version of a similar house we would like to put an offer in on instead now tto free up some cash flow.
thanks heaps for any advice.