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1st December 2016, 11:23 PM
#9301
Legendary
Originally Posted by
mudski
Farkin realestate agents! They made me angry today...
Not much longer mate.
12/97 GEE YOU
4.5lt Gas blower. Lots of mods to come.....all in good time.
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1st December 2016 11:23 PM
# ADS
Circuit advertisement
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2nd December 2016, 07:46 AM
#9302
Originally Posted by
jay see
Not much longer mate.
My agent is fine. Its the little ship on the house we want. Got a call at 8.30 last night, we have to make an offer by 5pm Friday as apparently "the other couples" offer has been accepted by the owners, AND we need to also provide a 10% deposit. Which might prove near impossible to provide since the sale of our place is tomorrow.
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2nd December 2016, 07:54 AM
#9303
The 747
Originally Posted by
mudski
My agent is fine. Its the little ship on the house we want. Got a call at 8.30 last night, we have to make an offer by 5pm Friday as apparently "the other couples" offer has been accepted by the owners, AND we need to also provide a 10% deposit. Which might prove near impossible to provide since the sale of our place is tomorrow.
You can use a deposit bond instead of a cash deposit. Ends up costing about $500 but it means you don't have to have the cash upfront.
It is basically an insurance policy to the vendors to say that if you stuff them around and the sale falls through then they are guaranteed their 10% deposit. The company issuing the bond will then chase you for the money.
If sale goes through as normal then you just pay the full amount at settlement.
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The Following User Says Thank You to Winnie For This Useful Post:
mudski (2nd December 2016)
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2nd December 2016, 08:05 AM
#9304
Patrol God
Far out Mark that's come around quick.
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2nd December 2016, 08:22 AM
#9305
Legendary
Originally Posted by
Winnie
You can use a deposit bond instead of a cash deposit. Ends up costing about $500 but it means you don't have to have the cash upfront.
It is basically an insurance policy to the vendors to say that if you stuff them around and the sale falls through then they are guaranteed their 10% deposit. The company issuing the bond will then chase you for the money.
If sale goes through as normal then you just pay the full amount at settlement.
That's exactly what we did.
Paid a $500 deposit and the rest at settlement 4 months later. Ours was a fee of $300, but you mightn't have enough time.
12/97 GEE YOU
4.5lt Gas blower. Lots of mods to come.....all in good time.
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2nd December 2016, 08:48 AM
#9306
The 747
Originally Posted by
jay see
That's exactly what we did.
Paid a $500 deposit and the rest at settlement 4 months later. Ours was a fee of $300, but you mightn't have enough time.
Yeah it depends how much you need them to guarantee on the amount.
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The Following User Says Thank You to Winnie For This Useful Post:
jay see (2nd December 2016)
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2nd December 2016, 09:10 AM
#9307
Originally Posted by
Winnie
You can use a deposit bond instead of a cash deposit. Ends up costing about $500 but it means you don't have to have the cash upfront.
It is basically an insurance policy to the vendors to say that if you stuff them around and the sale falls through then they are guaranteed their 10% deposit. The company issuing the bond will then chase you for the money.
If sale goes through as normal then you just pay the full amount at settlement.
Fark I forgot about that!We did this 13 years ago when we bought this place. Thank you! I still wanna head butt this agent though. Lol.
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The Following User Says Thank You to mudski For This Useful Post:
Winnie (2nd December 2016)
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2nd December 2016, 09:29 AM
#9308
Originally Posted by
Hodge
Far out Mark that's come around quick.
Too quick Eric. Well the sale of our place hasn't come quick enough. Its just this other place, the agent knew our place is up tomorrow, I reckon he's just trying to push us into a corner. Atelast is they accept we still have the 3 day cooling off if tomorrow turns to crap. Which I won't, from the amount of interest we have had on our place tells us. But you never know.
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2nd December 2016, 09:58 AM
#9309
The 747
Originally Posted by
mudski
Fark I forgot about that!We did this 13 years ago when we bought this place. Thank you! I still wanna head butt this agent though. Lol.
No worries. We are using one for our purchase.
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2nd December 2016, 11:50 AM
#9310
Dribble Master
Originally Posted by
Winnie
No worries. We are using one for our purchase.
Used ine for ours too as my miney at the time was tied up in the UK banks and they were being difficult
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