can you buy and remain anonymous?

Running_Horse

Gangstabird wrote: »

Now that surprises me because, as an Estate Agent, you have absolutely fark all to do with the legalities. I am shocked that either solicitor or client even listened to you. Sorry if I am wrong, but you sound terribly important, but are actually not.

Absolute rubbish. During our recent move it was the vendor's lawyer who kept delaying things with sickness and incompetence, and even taking a half day holiday on the day of exchange. It was the patient work of both EAs that stopped the whole thing falling apart several times. After all, if the sale falls through, the EA doesn't get paid and has to find new buyers.

chickmug

chartreuse wrote: »

I think you'll find that it's spelled "capital"

Sorry, couldn't resist. I'll get me coat.

Yes I know but was perpetuating a joke :j

chartreuse_2

chickmug wrote: »

Yes I know but was perpetuating a joke :j

That'll make two of us then

chickmug

Gangstabird wrote: »

Now that surprises me because, as an Estate Agent, you have absolutely fark all to do with the legalities. I am shocked that either solicitor or client even listened to you. Sorry if I am wrong, but you sound terribly important, but are actually not.

I am there to act in the best interests of my seller clients and I do that with vigour and passion. I stand at the side of my sellers and do for them what I would do if I were in their seat.

Unlike many EA's I am familier, in extensive detail, with all the legal process so I have everything to do with everything that affects my clients at all stages of the transaction. This may be one of the reasons why we have a 65% + repeat (or their recommendations) client base

Sounds "terribly important"!!!!

To repeat if I wish to advise my seller clients on ANY aspect of the sale whether it be legal, survey, or any damned thing else that is my job.

So why do you say the legal side has nothing to do with EA's

chickmug

chartreuse wrote: »

That'll make two of us then

Don't you mean too of us then

oldMcDonald

chartreuse wrote: »

I think you'll find that it's spelled "capital"

Sorry, couldn't resist. I'll get me coat.

I think you will find that it is 'I'll get my coat'.

:p:p:p:p

chartreuse_2

oldMcDonald wrote: »

I think you will find that it is 'I'll get my coat'.

:p:p:p:p

Ah, but not in the vernacular!

Strapped

GDB2222 wrote: »

What you can do is get somebody else to agree the purchase and exchange contracts. Then, just before completion, you take over the buyer's side of the contract. It needs to be done carefully, so that the contract is transferable, but I see no reason why a good lawyer can't get this done for you. Finding a stooge to exchange contracts in the first place may be harder.

Yes, it's termed "flipping". But some vendor's solicitors now include a clause that completion must take place with the same person as exchanged contracts. Also, you wouldn't be completely anonymous, as obviously you would "come out of the woodwork" at the point of completion (when the buyers could still theoretically pull out, although they would suffer financial penalties in the absence of the above clause).

GDB2222

Strapped wrote: »

Yes, it's termed "flipping". But some vendor's solicitors now include a clause that completion must take place with the same person as exchanged contracts. Also, you wouldn't be completely anonymous, as obviously you would "come out of the woodwork" at the point of completion (when the buyers could still theoretically pull out, although they would suffer financial penalties in the absence of the above clause).

The vendor need not know about the change until the day of completion. Not much they can do about it then. I was aware that some contracts prevent flipping, which is why you would need to get it all sorted with the lawyer in advance. If the vendor refuses to complete (hardly likely with all his belongings packed up in a removal van), you could seek specific performance of the contract in court.