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are white lies ok?
Comments
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I totally agree. Even if you have the cash sitting in a deposit account (i.e. the most liquid), that is not to say you will actually use the money for the purchase. My feeling is this is the most pure form of definition of a cash buyer, but it can be so twisted.
She decided to call the EA and confirm that she is indeed a cash buyer and to advise the vendor accordingly. The EA said he would be in touch should he require more information."enough is a feast"...old Buddist proverb0 -
To me, 'cash' means that no mortgage/formal loan of any kind is involved.
I'm just old fashioned though :rotfl:0 -
where I work, a cash buyer is just that.
In order to qualify as a cah buyer, we need a letter on headed paper from an accountant or similar to show the cash is there in liquid form. Eg, I had a letter, saying Mrs X has cash to the valuer on 246k in share options. It wqill take me X days to liquiidate this cash. I therefore recommend X days between exchange & completion for me to liquidate said funds & transfer tro vendors solicitor. this is sighed & on headed paper.
This is followed with a call to the accoutant to verify truth. for records.
I was selling my flat to someone who lied & said they were cash & the EA didnt verify. I was utterly furious for 2 months. I was ready to pull out after hes paid for everything just to pi55 him off for being a liar and that I didnt is a big regret. I practically threw the keys off him, didnt clean very well and was pretty unpleasant when I met him to had the keys over.
What goes around comes around.:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
Tiger_greeneyes wrote: »To me, 'cash' means that no mortgage/formal loan of any kind is involved.
I'm just old fashioned though :rotfl:
Yep and that is exactly what it means to anyone who is honest!.
Ah not old fashioned, just decent in my opinion, not a very common feature in buying and selling property believe me.
The thing I find really interesting is that there has been quite a lot of encouragement on the thread for the OP friend to lie.....If the boot were on the other foot and they were being lied to, I bet most of those posts would alter to advise your friend to pull out!!!
Or just imagine if the EA told a similar white lie....God forbid!0 -
lush_walrus wrote: »Yep and that is exactly what it means to anyone who is honest!.
Ah not old fashioned, just decent in my opinion, not a very common feature in buying and selling property believe me.
The thing I find really interesting is that there has been quite a lot of encouragement on the thread for the OP friend to lie.....If the boot were on the other foot and they were being lied to, I bet most of those posts would alter to advise your friend to pull out!!!
Or just imagine if the EA told a similar white lie....God forbid!
I agree wholeheartedly, I'd be furious if anyone lied to me. As far as I'm concerned, it's not a little white lie if it's on this sort of scale.
Everyone's told little white lies at one time or another - I class that type of lie as being about who ate the last chocolate or something minor - I feel guilty about even that type of lie so I'm just too honest for my own good now!0 -
people are going over the top. at the end of the day it matters not one jot whether it is cash or coffee beans as long as the sale goes through in the quickest time possible.
its all game theory."enough is a feast"...old Buddist proverb0 -
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lush_walrus wrote: »Well, all I can say is...People take heed, it's not always the EA who tells the lies is it?
I think you meant to say it's not only the EA ...0 -
a colleague is trying to buy a house in which there has been a lot of interest. she called the agent this morning and was told that the vendor will probably go with another (identical amount) offer as it was a "cash offer".
she requires a 65% mortgage, but she never told the estate agent that she needed a mortgage as it was never raised. Her broker, has already spoken to the lender and there seems no problem with the mortgage.
should my friend call the estate agent and confirm that she too is a "cash buyer"?
it's not a white lie is it? it's just a lie .0 -
it's not a white lie is it? it's just a lie .
Good point, Sisyphus.
I've just looked up the meaning and you're absolutely right in what you say - http://dict.die.net/white%20lie/0
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