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duty to get highest pricee for repossession??
Comments
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Options - do nothing or:
Write to the old owners via the property address stating that you have offered x but the bank have turned it down and they are acting unlawfully by not getting the best price.
or Take an advert out in the local paper effectively naming and shaming the bank and agent - should generate some publicity (however make it factual - Something like I am a cash buyer and can complete in 48 hrs and have offered X for property Y but bank z and EA are selling to a n other at a lower price. If you are the repossessed former owner please contact me on x as bank z appear to be failing in their duty to obtain the best price possible)
or make offer of 10% higher and appoint a local solicitor0 -
SecondTimeBuyer wrote: »Why not get a quote from a solicitor and reduce your offer by a corresponding amount?
i could.but does not answer my question.....0 -
They know that amateur conveyancers tend to mess up and delay things.
Why not just appoint a solicitor to do the basics.0 -
Why not spend your time appointing a conveyancer, rather than bleating on the Internet. It is common practice for self-conveyancing to be given the bum's rush.0
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Options - do nothing or:
Write to the old owners via the property address stating that you have offered x but the bank have turned it down and they are acting unlawfully by not getting the best price.
or Take an advert out in the local paper effectively naming and shaming the bank and agent - should generate some publicity (however make it factual - Something like I am a cash buyer and can complete in 48 hrs and have offered X for property Y but bank z and EA are selling to a n other at a lower price. If you are the repossessed former owner please contact me on x as bank z appear to be failing in their duty to obtain the best price possible)
only real suggestions yet.....if were free i would.cant locate owner,or would.............is there duty/can it be enforced????0 -
people....pls restrict yourself to 2 questions only....
-is there legally enforceable duty
-if enforceable,by who.
yes, i could employ solicitor,pay more etc.......but this does not answer questions.!!!0 -
PasturesNew wrote: »Why not spend your time appointing a conveyancer, rather than bleating on the Internet. It is common practice for self-conveyancing to be given the bum's rush.
a closed-shop solicitor,i presume.0 -
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another solicitor touting for business......Catherine_Johnson wrote: »What's the problem? Either you want the property or you don't. If you want the property, appoint a solicitor or conveyancer. The cost is minimal considering the price of buying a property.
Maybe English isn't your first language (based on your writing here) and maybe the seller is confused about what you are proposing?0 -
Catherine_Johnson wrote: »Sorry OP, it's an open forum, you don't get to decide what is written in reply to your post!!
fine. but i am only looking for advice/answer to question posed....
otherwise what is point of posting for advice on issue??0
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