S.A. contract for sale

[Marty McDonald]

Hi,

I have a client buying in Adelaide. Its been a while since I did a loan for a property down there and I am bit rusty on the contract situtaion.

Does the purchaser normally sign a contract with a "subject to finance" clause? If so how long is the subjcet to clause normally for?


Cheers,

 

[Rolf Latham]

yes STF

14 is normalish

ta
rolf

 

[Mamaof3]

we always do around 21 days...14 days was the norm back in the days when banks operated a little faster but 21 days/3 weeks we put now...