Ok, question for you:
I put in an offer to purchase a property that was accepted. This is in WA.
The period for finance approval has expired. Now I've notified the vendor (through the agent) that finance has not been approved but I'm still interested if alternative finance can be approved.
Now this wasn't in writing (notifying the vendor that is). What exactly is my position here? Because I've read something to say that the buyer has to notify the vendor in writing or the contract automatically goes unconditional.
I put in an offer to purchase a property that was accepted. This is in WA.
The period for finance approval has expired. Now I've notified the vendor (through the agent) that finance has not been approved but I'm still interested if alternative finance can be approved.
Now this wasn't in writing (notifying the vendor that is). What exactly is my position here? Because I've read something to say that the buyer has to notify the vendor in writing or the contract automatically goes unconditional.