Buyer might loose deposit

Discussion in 'The Buying & Selling Process' started by See Change, 1st Nov, 2019.

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  1. Curious2019

    Curious2019 Well-Known Member

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    I think most lawyers will correspond directly to your legal representation if you have it rather than directly with you.

    Also, could just mean they have read your correspondence yet or are yet to respond to it. I would invest too much time analysing it.
     
    Curious2019, 14th Nov, 2019
    #81
    See Change likes this.
  2. See Change

    See Change Well-Known Member

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    They did respond and we have exchanged several messages since .

    Cliff
     
    See Change, 18th Nov, 2019
    #82
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  3. See Change

    See Change Well-Known Member

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    All nice and polite at this stage :)

    Cliff
     
    See Change, 18th Nov, 2019
    #83
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  4. Scott No Mates

    Scott No Mates Well-Known Member

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    They've got more at stake.
     
    Scott No Mates, 18th Nov, 2019
    #84
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  5. Archaon

    Archaon Well-Known Member

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    How did this go?

    Screenshot_20200226-113642_Facebook.jpg

    This came up in my Facebook feed and reminded me of this thread.
     
    Archaon, 26th Feb, 2020
    #85
  6. See Change

    See Change Well-Known Member

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    we wanted to move on quickly . Let them out of the contract and have resold at a higher price , though not settled as of yet .

    Cliff
     
    See Change, 26th Feb, 2020
    #86
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  7. luckyone

    luckyone Well-Known Member

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    I can't blame you for that decision at all. Going down the court path would have been long and arduous (and expensive). It's good that it's worked out in your favour.

    Did you end up still having to pay the agent's selling fee though?
     
    luckyone, 26th Feb, 2020
    #87
  8. Archaon

    Archaon Well-Known Member

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    Did you keep their deposit?

    Also, is there any recourse to put a mark against their credit file, or is that not possible because youre a not a creditor?
     
    Archaon, 26th Feb, 2020
    #88
  9. See Change

    See Change Well-Known Member

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    To keep the deposit , we would have had to go to the supreme court and we were told that could take 1-2 years , during that time we couldn't have sold .

    They paid some , but not full deposit to get out of contract .

    cliff
     
    See Change, 27th Feb, 2020
    #89
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  10. Archaon

    Archaon Well-Known Member

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    Seems ridiculous that you couldn't sell in that time.

    Seems being a Lawyer he was trolling you using the system and its flaws... sigh.

    Glad you sold for a better price and best of luck with settlement!
     
    Archaon, 27th Feb, 2020
    #90
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