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Buyer has no deposit
Comments
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WestonDave wrote:Where is this funeral - Mars!
It doesn't take three weeks to go to a funeral and get back. I think EA needs a bit of a lecture on his responsibilities in terms of delivering a decent buyer not a time wasting chancer. I'd be very tempted to threaten to put the house back on the market and demand a rebate on the EA's fees for their ineptitude - start piling the pressure back down the chain because you need to stop this game playing now or it'll just be one delay after another.
First of all all how can it be the EA's fault if the buyer has chosed to lie about their deposit? Secondly no fees are payable until completion so no need for a rebate and the EA will have just as much interest in getting this matter through to completion as the vendor!My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
Hi Tracey Lou
Same thing happened to me yesterday.Originally mine (first time buyer) pulled out about 3 weeks ago because the mortgage company said they wouldn`t do mortgage on flat roof. house was flat roof when survey was done so don`t know why it took until the day was due to exchange contract for them to say. Then yesterday due to exchange with the same person and it didn`t happen because she didn`t have deposit. I am numb. The house was put back on the market 3 weeks ago but the market is slow anyway at the moment.
I previously lost a repossessed house 3 weeks ago because I had to complete within a week of exchanging contracts and yesterday I put in offer because thought would be ok on another house. I`ve been told that she now has the deposit and is waiting to hear from sols as to when she can see them to hand it over. If I had the 5% deposit I would happily pay it just to end this nightmare!!0 -
My Auntie died abroad. My mum and siblings went to funeral, 9 hours flight away and they came back after a week. Because I thought the house sale was going to go through I didn`t go to funeral.0
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