I have recent negotiated on a property purchase.
The vendors are listed as "self acting".
The RE has only provided a few pages - my solicitor says I do not have a valid Contract of Sale as yet. The negotiation has proceeded over about 10 days - and the agent has been requested for the Contract to be sent through.
When I was selling a year or so ago my then agent would not let me list with him until I had a solicitor draw up a Contract of Sale.
I understand the Contract is essential.
My solicitor says that because the vendors are acting for themselves this will mean a greater burden on him - so extra fee to me.
Comments? Recommendations? Observations?
And yes, I do want the property for various reasons ... trying to keep the post to the point - which is - what action if any can I take to recoop some of the extra expense incurred because the vendors are cutting corners in the legal side of the sale?
The vendors are listed as "self acting".
The RE has only provided a few pages - my solicitor says I do not have a valid Contract of Sale as yet. The negotiation has proceeded over about 10 days - and the agent has been requested for the Contract to be sent through.
When I was selling a year or so ago my then agent would not let me list with him until I had a solicitor draw up a Contract of Sale.
I understand the Contract is essential.
My solicitor says that because the vendors are acting for themselves this will mean a greater burden on him - so extra fee to me.
Comments? Recommendations? Observations?
And yes, I do want the property for various reasons ... trying to keep the post to the point - which is - what action if any can I take to recoop some of the extra expense incurred because the vendors are cutting corners in the legal side of the sale?