Hi there!
Im hoping someone can help me.
We currently have an offer on our house which was made last week. The agent stupidly sent us the contract via normal post so we are still waiting for it 5 days on. I asked her today about the cooling off period which she said starts on the date we sign. Ok that sounded right.
Then she said the buyer has only left a $1000 deposit and has a further 21 days to have the B&P inspection done and then give us the other $4000??????
Then on top of that is normal 30 day settlement??????
The big issue with this is she has 21 days to decide she doesn't want to go ahead in which time we cant show anyone through and we only get 5% of the measely $1000 deposit if she pulls out? This would be devastating to us financially if this happened?? I am really stressing about it, and we may not even get the contract for another 3 days because the morononic agent sent it snail mail???!!
This doesn't ring correct to me at all, we recently bought and had 10 days to have the B&P done and then 30 day settlement???
Is this agent completely incompetent or am i missing something?
thank you in advance!
Im hoping someone can help me.
We currently have an offer on our house which was made last week. The agent stupidly sent us the contract via normal post so we are still waiting for it 5 days on. I asked her today about the cooling off period which she said starts on the date we sign. Ok that sounded right.
Then she said the buyer has only left a $1000 deposit and has a further 21 days to have the B&P inspection done and then give us the other $4000??????
Then on top of that is normal 30 day settlement??????
The big issue with this is she has 21 days to decide she doesn't want to go ahead in which time we cant show anyone through and we only get 5% of the measely $1000 deposit if she pulls out? This would be devastating to us financially if this happened?? I am really stressing about it, and we may not even get the contract for another 3 days because the morononic agent sent it snail mail???!!
This doesn't ring correct to me at all, we recently bought and had 10 days to have the B&P done and then 30 day settlement???
Is this agent completely incompetent or am i missing something?
thank you in advance!
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